SHOCKER! NEEF Records K1.4 Billion Loss as Loan Collection Rate Falls to 52 Percent
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Malawi’s flagship empowerment lender, the National Economic Empowerment Fund (Neef), has recorded a K1.4 billion loss halfway through the current financial year, raising serious concern about the financial health of the institution that was created to empow
SHOCKER! NEEF Records K1.4 Billion Loss as Loan Collection Rate Falls to 52 Percent
Malawi’s flagship empowerment lender, the National Economic Empowerment Fund (Neef), has recorded a K1.4 billion loss halfway through the current financial year, raising serious concern about the financial health of the institution that was created to empower poor and struggling entrepreneurs. Figures contained in the 2026 Annual Economic Report reveal a worrying decline in the […] The post SHOCKER! NEEF Records K1.4 Billion Loss as Loan Collection Rate Falls to 52 Percent appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more
