Malawi Business
• Main exports: Tobacco, tea and coffee, sugar, peanuts and wood products.
• Main imports: Food, petroleum products, semi-manufactured goods, consumer goods and transportation equipment.
• Main trade partners: South Africa, Germany, USA and Zimbabwe.
Economy
In 2006, the economy grew by 6.4%, while inflation was 14%. Recent economic policy has followed an orthodox course of privatisation, deregulation and government spending cuts. The latter have had a severe impact on the country's already limited basic services, especially healthcare. Between one-third and one-half of the working population are thought to be infected with HIV/AIDS, with the inevitable economic consequences.
Malawi is normally self-sufficient in food, especially maize, the main staple. But it also has a vast balance of payments deficit and is heavily dependent on foreign aid, both bilateral and from the World Bank.
Business Etiquette
Office hours: Mon-Fri 0730-1700.
Conferences & Conventions
Business Contacts
Masauko Chipembere Highway, Chichiri Trade Fair Ground, PO Box 258, Blantyre, Malawi
Tel: 01 871 988.
Website: www.mccci.org
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