Charity Mughogho

Charity Mughogho

banker Malawi

Charity Mughogho is the head of personal and private banking at Standard Bank, where she has highlighted the challenges facing Malawi's economy, particularly the significant portion of lending going to consumer loans rather than productive investments.

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Malawi Malawi: Mughogho said the bank’s loan book stands at about K400 billion, with a large portion in customer loans alongside lending to government. 6

Nyasa Times – popular Malawian online publication: Fears Grow as Reports Reveal that More Malawians Are Borrowing to Survive, Not to Invest in Production - Malawi Nyasa Times