Malawi: Fuel price hiked by average 27 per cent

Malawi has increased fuel prices by an average 27 per cent, a move likely to trigger broader inflation in the southern African nation that has already seen violent protests this year because of the dire state of the economy. Fuel shortages and the soaring cost of imported goods caused unprecedented demonstrations in July against President Bingu wa Mutharika, whose security forces killed 20 people in an ensuing crackdown.