Malawi votes in what is expected to be a close Presidential election

Banda says she will continue to combat graft, reduce the nation’s dependence on foreign aid and grant subsidies to poor farmers if re-elected, while Mutharika has pledged to improve food security and controls over state finances. UDF leader Muluzi, 35, said he will combat poverty, create jobs and increase farm output if elected. Chakwera plans to overhaul the government to improve service delivery and provide new roads and hospitals.

The kwacha has weakened 16 percent against the dollar since the beginning of 2013, the sixth-worst performer among 23 African currencies tracked by Bloomberg.

Source: Bloomberg

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