Kisu Simwaka

Kisu Simwaka is the Deputy Governor of the Reserve Bank of Malawi, known for his efforts in addressing economic issues, particularly inflation. Recently, he utilized social media to clarify misconceptions about inflation rates, explaining that a decline in inflation means prices are still rising, albeit at a slower pace. He highlighted the challenges Malawi has faced due to natural disasters affecting agricultural output, which have significantly impacted food prices. Simwaka aims to bring inflation into single digits to enhance the economic stability of the country.