Forex hitch chokes drug supply
MASAMBA—We want to learn By Pemphero Malimba: Forex shortage, which has hit at the heart of industry, now threatens the very system that sustains life: health. The development has since jerked the Parliamentary Committee on Health, which has announced that it has the Reserve Bank of Malawi (RBM) on its radar. Committee chairperson Anthony Masamba told this publication on Wednesday that they have decided to act on the issue. Masamba said it was unfortunate that the Central Medical Stores Trust (CMST) was failing to procure drugs from foreign suppliers due to forex shortages. He said, at the same time, the country continued to import second-hand motor vehicles. “There are reports that we, as a country, import at least 27,000 cars every month and that means forex is being spend on the import…
