Mail & Guardian
Mail & Guardian
foreign exchange crisislatest news & developments
A nationwide shutdown by traders in Malawi has exposed a dispute that goes far beyond a new tax technology. (Malawi24/X)
AFRICA

Malawi trader shutdown exposes deeper tension over tax reform and economic crisis

Malawi’s rollout of a digital tax platform has triggered widespread business protests, with traders arguing that economic pressures and foreign exchange shortages were ignored…

  • Collins Mtika
5 min read
pass: Malawi’s Finance Minister Joseph Mwanamvekha believes the government can extract more foreign currency by collecting visa fees instead of letting tourists in for free. Experts argue this move will negatively impact the tourism sector. Photos: Supplied
AFRICA

Malawi’s visa reversal could backfire

The cash-strapped country scrapped visa-free travel for 79 countries, including the US and UK, in a bid to shore up forex reserves

  • Collins Mtika
6 min read