This is how Malawi’s economy defied the pandemic
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This is how Malawi’s economy defied the pandemic

ByBrian Kithinji

Last year was a difficult one for economies across the world due to the ravaging effects of the COVID-19 pandemic. However, one landlocked African country did remarkably defy the trend through a combination of prudent leadership and trade with a neighbor that also recorded positive growths. Malawi’s economy grew by 0.9% in 2020. Only one…

SADC adopts new cross-border payment system
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SADC adopts new cross-border payment system

ByBrian Kithinji

Trading in Southern Africa is set to become faster and easier, following the introduction of the region’s first cross-border e-payment solutions that taps into a market characterized by inaccessible formal banking systems. BankservAfrica, a Johannesburg-based clearing firm, is behind the establishment of the project dubbed Transactions Cleared on an Immediate Basis (TCIB). TCIB allows for…