@erikchiwala The tricky part is “more firms need to be encouraged to list” because the landscape is what’s preventing them from listing. In a country where financing cost is 35%, inflation is >35% and disposable income and wealth is low for many, startups struggle to reach the listing stage
@erikchiwala And something has to be done to the transaction cost. Mobile money transaction cost has layers of cost build up that doesn’t make sense for any user, except the regulator who knows why they need that money
@riaanlombard11 Interesting take, although country specific dynamics such as market imperfections, fiscal dominance and vulnerability to external shocks have shown that Malawi inflation is greatly affected by FX rate. Though using pegged rate, black market rate is determining real cost of goods