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AllAfrica News: Debt

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[Nyasa Times] Financial analyst Sylvester Malumba has warned that any move by Malawi Government to restructure its growing domestic debt must be handled with extreme caution, cautioning that missteps could destabilise banks, pension funds and the wider financial system.


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[Nyasa Times] The World Bank has raised the alarm over problems in how the Reserve Bank of Malawi (RBM) handles foreign currency, saying it is causing huge losses, more debt, and higher prices for everyday goods.


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[Scrolla] Borrowers say mashonisas charge extreme interest, forcing people to borrow again just to repay old loans. Many hand over bank cards or Sassa cards as security, leaving them with no protection and constant fear.


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[Liberian Investigator] The National Elections Commission's persistent failure to honor court rulings has raised troubling questions about respect for the rule of law, accountability in public institutions and the government's commitment to settling verified domestic debts.


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[The Conversation Africa] The Group of Twenty (G20) emerged from the financial turmoil that followed the collapse of the Thai currency in 1997, which rapidly spread financial instability from Thailand to the rest of Asia.


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