Chancellor College economics lecturer Professor Ben Kalua says Malawi’s economy is likely to suffer due to the prolonged political stand-off.
Professor Kalua’s remarks have been made as the country is anticipating fresh presidential election amid filing of applications of appeal against the court ruling nullifying the presidential poll.
Kalua told YFM that in the next months, economic activities and investment levels are likely to lose pace due to political uncertainty.
Malawians are expected to go back to the poll within 150 days after the constitutional court annulled the May 21, 2019 presidential election Monday.
The five judges ruled that the poll was marred with “widespread” irregularities including use of Tippex, a correction fluid to alter results.
Respondents in the presidential election case, President Peter Mutharika and Malawi Electoral Commission (MEC) have appealed against the court ruling.
MEC Chairperson Jane Ansah, who supports the appeal, said the constitutional court acted outside its jurisdiction.