Business News

Face-to-face with devaluation

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Priscilla Pensulo is one of small-scale businesspeople in Blantyre’s populous Ndirande Township who have suddenly found life unbearable since the Reserve Bank of Malawi (RBM) devalued the kwacha. Pensulo confided in Business News on Saturday that everything is crumbling as she can no longer raise enough money for rent, food, clothes and other basic needs for her family.

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