Zimbos in Malawi not fazed by the Malawian economic crisis

Zimbos in Malawi not fazed by the Malawian economic crisis
Published: 06 January 2012 (1317 Views)
Zimbabweans living in Malawi are not fazed with that country's current economic crisis as most of them see it as hay time to make a lot of money.

Armed with experience from Zimbabwe's economic crisis Zimbabweans think it is time to make a lot of money with some of them already selling fuel in containers at exorbitant prices.

Zimbabwean entrepreneurs are in every facet of the Malawi economy and converse in Shona during transactions.

Zimbabweans living there have hinted they will soon become foreign currency dealers (high rate) if the country's forex laws are loosened.

Malawi is fast becoming another Sadc problem child with its economy plummeting into a crisis.


- NewsDay

 0

You May Like These Videos

Comments

There are no comments.

Latest stories

Man loses 'Toyota Raum' to robbers

by Simbarashe Sithole | 21 September 2018 | 170 Views

International media stampede to interview Mnangagwa

by Staff Reporter | 21 September 2018 | 216 Views

Brutalising vendors must stop

by Jacob Mafume, MDC National Spokesperson | 21 September 2018 | 162 Views

I doubt if Dabengwa really endorsed Mnangagwa - Mthwakazi activist

by Stephen Jakes | 21 September 2018 | 179 Views

Marc Cayeux gives everyone hope after top ten finish in Cape Town

by Agencies | 21 September 2018 | 105 Views

President Mnangagwa debuts at UNGA

by Bevan Musoko | 21 September 2018 | 158 Views

BREAKING: Harare - Johannesburg Intercape bus in accident, 10 people dead

by Staff reporter | 21 September 2018 | 317 Views

Stop unnecessary traveling to cholera affected areas - MIHR

by Stephen Jakes | 21 September 2018 | 121 Views

We need Mthwakazi restoration soon

by Stephen Jakes | 21 September 2018 | 116 Views

Rural development agenda should be on the priority list

by Stephen Jakes | 21 September 2018 | 116 Views

IMF offers to help Zimbabwe clear arrears

by Staff reporter | 21 September 2018 | 232 Views

Mugabe's party rejoins Mnangagwa's Zanu-PF

by Staff reporter | 21 September 2018 | 237 Views

Streak seeks ZC liquidation

by Staff reporter | 21 September 2018 | 142 Views

'Chamisa must not waste time fighting Mnangagwa'

by Staff reporter | 21 September 2018 | 248 Views

Chipanga appeal thrown out

by Staff reporter | 21 September 2018 | 177 Views

New minister cracks the whip

by Staff reporter | 21 September 2018 | 177 Views

Deal decisively with Parly delinquents

by Zvamaida Murwira | 21 September 2018 | 142 Views

Mthuli Ncube faces tough choices

by Lovemore Chikova | 21 September 2018 | 168 Views

Currency reform answer to Zimbabwe's economic woes

by Bongani Ngwenya | 21 September 2018 | 151 Views

Dabengwa ditches Chamisa, endorses Mnangagwa?

by Staff reporter | 21 September 2018 | 156 Views

Sibusiso Moyo alive & well

by Staff reporter | 21 September 2018 | 140 Views

'Mugabe University not a priority'

by Staff reporter | 21 September 2018 | 133 Views

Chamisa battles open rebellion

by Staff reporter | 21 September 2018 | 161 Views

Prophet up for pregnant woman rape

by Staff reporter | 21 September 2018 | 101 Views

Bulawayo pins hopes on devolution

by Staff reporter | 21 September 2018 | 91 Views

Nust shut down

by Staff reporter | 21 September 2018 | 145 Views

Zimbabweans want US or Zim dollar only, not SA Rand

by Staff reporter | 21 September 2018 | 145 Views

Chamisa's MDC Alliance starts merging into single party

by Staff reporter | 21 September 2018 | 94 Views

Vic Falls man hangs self after bar brawl

by Staff reporter | 21 September 2018 | 82 Views

Cholera hits Beitbridge

by Staff reporter | 21 September 2018 | 81 Views

Cop up for assault

by Staff reporter | 21 September 2018 | 52 Views

Gumbura hires Madhuku to challenge delayed trial

by Staff reporter | 21 September 2018 | 66 Views

Devolution will develop provinces with natural resources

by Staff reporter | 21 September 2018 | 55 Views

Family evicted, dumped in the bush

by Staff reporter | 21 September 2018 | 49 Views

Soul Brothers coming to Bulawayo

by Staff reporter | 21 September 2018 | 105 Views

Zimbabwean scientist wins Cambridge scholarship

by Staff reporter | 21 September 2018 | 54 Views

MDC Alliance activist jailed over arson threats

by Staff reporter | 21 September 2018 | 41 Views