CDEDI Demands Fuel Price Cuts, Accuses Government Of Being Captured By Cartels

CDEDI Demands Fuel Price Cuts, Warns Malawi Cannot Afford Another Five Years of Economic Hardship

By Rahim Abdul Governance watchdog Centre for Democracy and Economic Development Initiatives (CDEDI) has called for an immediate reduction in fuel prices, warning that Malawians cannot endure another five years of economic suffering amid a weakening Kwacha and rising cost of living. CDEDI Executive Director Sylvester Namiwa accused authorities of failing to address what he […] The post CDEDI Demands Fuel Price Cuts, Warns Malawi Cannot Afford An…

CDEDI demands fuel price cuts

This article was originally published on Malawi24, Malawi's #1 independent news platform. The Centre for Democracy and Economic Development Initiatives (CDEDI) says fuel prices, under normal circumstances, should be pegged at around K4,500 per litre, arguing that the current high pump prices are being driven by cartels Speaking during a press briefing in Blantyre on Thursday, CDEDI Executive Director Sylvester Namiwa said alleged cartels in the …

CDEDI Demands Fuel Price Cuts, Accuses Government Of Being Captured By Cartels

By Suleman Chitera The Centre for Democracy and Economic Development Initiatives (CDEDI) has launched a scathing attack on the government, demanding an immediate reduction in fuel prices and accusing authorities of failing Malawians due to what it describes as state capture by powerful cartels operating within the fuel supply chain, foreign exchange market, and public procurement systems.NOCMA defends UAE and GET Global fuel deals: No foul play …