Old Mutual (Malawi) Limited, one of the the leading financial service providers in Malawi has stressed the need to position financial inclusion in the country’s efforts aiming at achieving financial transformation.

The Ministry of Trade and Industry has outlined a number of measures in a bid to revive Malawi’s banana industry and reduce import dependency.

Two government ministries have been contradicting each other on the best possible solution to deal with the alleged hoarding of sugar by vendors and the subsequent scarcity of the product on the market.

Illovo Sugar Malawi has partnered with the Ministry of Trade and security agencies to smoke out traders who are illegally exporting sugar to neighbouring countries, putting pressure on the availability of sugar on the local market.