In the meantime, because of the decline in the function of the short-term money market, distortion due to the concentration of funds raised in the call market in banks, trust banks in particular, was seen. As a result, investment trusts and other risk-taking market participants have given up on investing in short-term financial instruments, leading to a loss of diversity among market participants.
First of all, on behalf of the Governor of Reserve Bank of Malawi, who is the Registrar of Insurance in Malawi and indeed on my own behalf, I would like to congratulate Swift Insurance Brokers & Consultants for its visible effort to make insurance broking services available to all people in a manner that is convenient to them.