President Peter Mutharika has condemned poor crowd management that killed eight people and injured 62 others during a stampede at Bingu National Stadium in Lilongwe on Thursday.

President Professor Arthur Peter Mutharika has called on Malawians to bury their differences and start working together in order to build a greater nation.

Malawi’s 53rd Independence celebrations have turned into mourning after eight people died on a stampede as they were trying to enter the Bingu National Stadium where there is a football match.

Economist has described the lowering of bank interest rate from 22% to 18% as positive.