Sending money to Malawi ‘expensive’

By Mcloyd Chilangiza: Malawi’s remittance inflows increased by 378 percent between 2016 and 2025, reaching $187 million (about K327.4 billion), but high transfer costs risk hampering the growth. This is according to statistics from the International Fund for Agricultural Development (Ifad), contained in its recent Sending Money Home report titled ‘Beyond Remittances: From Lifeline to Resilience – One Family At A Time’. Read more click:- https://times.mw/etimes/
2026-10-06 06:21:17