Why malawi Is Trending Today?

Shoprite, a major South African retailer, has announced its withdrawal from Ghana and Malawi, marking the first time the company has exited these countries. This decision comes as part of Shoprite's strategic focus on its home market in South Africa. In separate news, Malawi and Zambia have become the first African nations to be subjected to US visa bonds, a new policy aimed at ensuring that visitors from these countries return home after their visas expire.

Shoprite, a South African retailer, has decided to withdraw from the Ghanaian and Malawian markets. The U.S. government has implemented a new policy requiring citizens from Malawi and Zambia to pay a $15,000 bond for certain visitor visas, with speculation suggesting that South Africa could be next. In Malawi, Iluka Resources has invested $32 million in Lindian Resources' rare earths project.