Letters from Malawi: Don't bank on it

In which Will sees Blantyre's banks at close quarters - and starts to understand their massive profits.

Last Updated: 31 Aug 2010

At the moment, I’m in Blantyre, the financial capital of Malawi, to launch the magazine. Or was: the printers had forgotten to print the magazine, so the launch has been delayed, which is a bit embarrassing. I do have assurances, though that it will be ready tomorrow. Not that I can be sure. Pagono, pagono.

The unexpected time off has, though, given me a chance to explore the city. Sitting in the beautiful garden of a guest house in the centre of the capital in glorious sunshine, it’s easy to forget I’m in one of the poorest countries in the world. Blantyre breathes business: as suited businessmen rush around, the shell of the enormous new headquarters of the National Bank looms above me. It’s vibrant and exciting, and thoroughly dominated by the banking sector [CONTINUED]

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