Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

Login Register Subscribe

Flood losses in Malawi hit economic growth

Reprints

Malawi President Peter Mutharika said that economic damage from the recent floods in the country has been pegged at 23.9 billion Malawian kwacha ($51.9 million), reported Reuters.

Malawi is likely to miss the 5.8% economic growth forecast for 2015, Mr. Mutharika said.

Cotton, groundnuts, maize and rice crops worth MWK 8 billion ($17.3 million) were damaged due to floods, said Mr. Mutharika, adding that the disaster displaced about 174,000 people.

Read more