Business confidence remains at low levels | The Times Group: "A report by the World Bank says most players in the business sector are still unsatisfied with the business conditions prevailing in the country and the bank has warned that this may lead to a decline in investment and growth.
In its third edition of the Malawi Economic Monitor, the World Bank blames the situation on the extended period of macroeconomic instability characterised by high interest and inflation rates that undermines the profitability of new investments.
The World Bank has also identified weather shocks, unreliable power supply and delayed payments and issuance of zero coupon bonds as being among the constraints making the business environment even more challenging."
'via Blog this'
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