Malawi’s state housing developer, the Malawi Housing Corporation (MHC), is facing a deepening financial crisis that analysts say places the institution on the brink of collapse after recording cumulative losses of K8.1 billion in just four years while its debts have ballooned to nearly double the value of its assets. A review of national budget […] The post K8.1 BILLION LOST, K9.1 BILLION IN DEBT: MALAWI HOUSING COLLAPSE EXPOSED AS LIABILITIES DOUBLE ASSETS appeared first on Malawi Nyasa Times - News from Malawi about Malawi.