9 in 10 Malawians shut out of bank loans because they work in ‘shadow economy’ — economist

Millions of hardworking Malawians and small business owners are being frozen out of formal bank loans simply because of HOW they earn their living, a leading economist has warned. Dr Bertha Bangala Chikadza, President of the Economic Association of Malawi (ECAMA) and a senior macroeconomics lecturer at the University…