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President Arthur Peter Mutharika has warned tobacco buyers not to exploit Malawian farmers by offering low prices that only suit their interests but injure the aspirations of the farmers and the economic outlook of the country.


The Small and Medium Enterprise Development Institute-SMEDI has described the Village Savings and Loans Concept as a potential tool to spur the country`s economy.


FDH cuts 250 Jobs

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Almost 250 employees of Financial Holdings Limited – FDH which has 80% shares in Malawi Savings Bank – MSB have lost their jobs.


The Consumers Association of Malawi-CAMA says it is concerned with the behaviour of some business owners for failing to respond positively to the appreciation of the Kwacha. 

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