Malawi stock exchange needs urgent revamp, governor stresses
Lack of interest in stock market could cause substantial financial stability issues, says Kabambe
The governor of the Reserve Bank of Malawi has called on members of the financial system to help reform the stock market to avoid numerous financial stability issues.
“Businesses are now in dire need of capital for expansion in order to raise output, create wealth and employment for a growing population,” Dalitso Kabambe said.
The Malawi Stock Exchange was set up 21 years ago, as a means of offering the business community an alternative platform to raise capital, but it has struggled to get
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