Mills to sack non performing MMDCEs

President John Evans Atta Mills has cautioned Metropolitan, Municipal and District Chief Executives against complacency in the discharge of their work and urged them to be up to the task, else the “axe” would fall on them. He minced no…

Malawi cuts interest rate to 13%

Malawi's central bank cut its key interest rate to 13 percent from 15 percent on Saturday, citing easing inflation and the need to boost the private sector in light of slightly weaker growth projections. "The decision to reduce the Bank…