Cashbuild’s R12.1bn growth comes at a cost
Werner de Jager, CEO at Cashbuild, discusses the company’s revenue growth, the sale of its Malawian operations and its new focus on alternative assets.
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Africa | Canva | GiveDirectly | Malawi | poverty reduction
What happens if you give everyone $700? A local economy thrives
As many as 230 000 adults in two districts of Malawi are each receiving about 1.2m kwacha, or almost $700, and they can do whatever they want with it.
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Fleeing from South Africa, Malawi migrants return with nothing
As migrants send money home to relatives facing poverty, anti-immigrant sentiment and calls for mass deportation are rising ahead of SA’s local elections in November.
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Illegal immigration protests hammer Checkers Sixty60, Uber, and SweepSouth in South Africa
Migrants account for 70% of retail giant Shoprite’s Sixty60 delivery service, which has a near-10,000 fleet of motorcycle riders.
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Malawi’s vice-president executive ‘reshuffle’ exposes governance risks
A government press release meant to dismiss rumours about Malawi’s vice-president may instead have drawn attention to a deeper issue: the steady concentration of executive power at the presidency. On 28 March, the office of the president and cabinet issued a statement signed by Malawi’s chief secretary Justin Saidi, which rejected social media claims that…