A fuel shortage is severely disrupting economic activity in Malawi. Transport companies are particularly affected, as stocks dwindle and prices soar due to the war in the Middle East.
Companies are struggling to transport their goods, and the country's Transporters Association is sounding the alarm: this has really affected our business. "As transporters in the country, our business depends directly on the availability of diesel, because we only make money when our trucks are running," emphasizes Frank Banda, spokesperson for the Transporters Association of Malawi.
The situation is also affecting the agricultural sector and supply chains. Industry stakeholders are worried about dwindling fertilizer stocks and the impoverishment of farmers, in an already strained environment. Stores are experiencing stock shortages and delays in the distribution of agricultural products at this crucial time of year.
Furthermore, several construction companies have suspended operations, notably on a highway construction site in Lilongwe. Truck drivers describe a situation of gridlock and uncertainty. Economic stakeholders warn that if the situation persists, pressure on prices and supplies could worsen in the coming weeks.
