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Created: 24 February 2023

As the 2023 Lakeshore Business Leaders’ Summit is fast approaching, scheduled for 27 – 29 April alongside the 129th Annual General Meeting (AGM) at Sunbird Nkopola in Mangochi, Medical Aid Society of Malawi (MASM) has stepped forward to partner to MCCCI by sponsoring 200 umbrellas which will form part of delegates souvenirs.

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Created: 18 February 2023

Inflation is a measure of the rate of rising prices of goods and services in an economy. Inflation can occur when prices rise due to increases in production costs, such as raw materials and wages. A surge in demand for products and services can cause inflation as consumers are willing to pay more for the product.

In Malawi the National Statistics Office comes up with average monthly and yearly inflation figures. The inflation figure is an average of both food and non-food items. The annual inflation rate in Malawi accelerated to 26.7% in October 2022, from 25.9% in the previous month. It was the highest inflation rate since June of 2013.

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Created: 18 February 2023

Medicines we take exist in two forms, they may either be  Branded or Generic. We may have wondered why we keep coming across different colors and shapes of tablets and capsules, yet we are told it’s the same drug.  This should not confuse us because whilst the pills we receive at the pharmacy counter may look slightly different they have the same effect. They have the same active ingredients, although some are termed generic while others are branded drugs. We need to emphasize that both branded and generic medicines have the same quality, strength, safety, dosage and route of administration (termed pharmaceutical equivalence).

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