Parastatals impress reforms commission on financial independence

The Public Service Reforms Commission, chaired by Vice President SaulosChilima, says it is impressed with some statutory corporations that are implementing various reforms as they have much progress since the exercise begun.

Chilima: Parastatals gaining financial independence

Chilima: Parastatals gaining financial independence

Mutharika and reforms commission

Mutharika and reforms commission

The Commission said this in a statement released on Sunday after engaging about 20 parastatals from the north and centre for progress review.

“Just like what the Commission observed when it met 19 parastatals based in the Southern Region in Blantyre in January 2016, the overall assessment for the Lilongwe meetings was also satisfactory based on the willingness, dedication and discipline of reporting by the parastatals to implement their respective areas of reform,” indicated the statement.

The statement expressed hope that some parastatals will be weaned off from treasury and instead start paying dividends to government.

“It is highly expected that in the next three months parastatals that were in deficit and proving costly to treasury, will become financially independent and start declaring dividends to government as a result of these reforms”.

The statement cited the example of Airport Development Limited (ADL) reform area to introduce Car Park Automation at Kamuzu International Airport (KIA) which it said has led to a jump of 150% in fees collection.

“This increased revenue will be used to improve the outlook of the Airport subject to ADL’s Board approval. Apart from bringing in accountability and curbing corruption, this reform area has also enhanced safety and security on potential loss of personal property such as vehicles,” it said.

The statement also touted the Northern Region Water Board whose reform area to introduce and enhance Leak Detection System it said has managed to reduce non-revenue water (water lost through distribution network and burst pipes) from 37% to 33%.

“This efficiency reform has led to reduced intermittent supply, increase in sales of water to customers, consequently increasing the revenue to the board than ever before. The Commission will share the financial gains in subsequent press statements after reviewing the second quarter,” read the statement.

Mzuzu University (Mzuni) was commended for establishing a Trust Fund through which resources will be mobilised for the University to offer scholarships to needy and deserving students.

The statement said in the coming semester, 40 students will benefit thereby complimenting government efforts in ensuring that needy students access tertiary education.

The statement also said Lilongwe University of Agriculture and Natural Resources (LUANAR) is also on course with its resource mobilisation drive as construction of a filling station, a state-of-the-art Business Centre, construction of modern hostels and revitalization of Bunda Farm are underway to ensure self-sustenance for the institution.

The statement concluded by urging the parastatals to open up and share information to the media so that the public is kept abreast of what is happening.

President Peter Mutharika approved reforms in parastatals in October 2015 with a strong emphasis that they have to be apolitical and devise ways to generate own income to ease pressure on treasury and so far it seems most of them are back on the lifeline

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5 thoughts on “Parastatals impress reforms commission on financial independence”

  1. Concerned citizen says:

    Koma tinene chirungamo ,,vice president is doing a great job,,,,,ndipo this guy and atupele muluzi ayambe chipani Chao,,we will vote them in power,,,bravo vice president,,we love uu,,,that’s why tikufuna achinyamata ife ngati Saulosi ndi Atupele to rule Mw….nt nkhalamba!!!!

  2. Water says:

    Reform my ass. Why is an intelligent person like Chilima not saying anything when things in DPP with APM are going down the drain.

  3. kabambo says:

    Malawi always sympathise with anything.
    Politics are writen right on its cover ”alcohol percentage 205.9 percent,
    Not to be consumed by people under 35years of age and also ” keep out of reach of children”

    why in Malawi do we bow so low and sing with politicians yet they don’t cry with us when we cry?

    Why would Malawians fail to eat in their homes coz of politics?

    Why a Malawian can leave home early in the morning leaving Makasu behind and go out just to dance to political songs at a political rarry?

    How in Malawi people mix everything with Ndale?

    Why would you press down good things done by government and put politics ahead?

    Campaign was closed but fools are still in the mood saying because government is also doing it?
    Do you mean ”inu mungadye manyi coz peter is also doing that?

    I thought it is good time to differentiate wise from fools?
    Wake up malawi.

    I was home when four people were injured in Mzuzu Chibabvi.
    I understand there has not been Chakwera and Kamlepo mwana lume Kaluwa at the hospital where these four guys are hospitalised. They have sousages on their breakfast tables while my friend has an injured body struggling to breath in the hospital ward.

    i FEEL FOR MY MOTHER MALAWI
    you are pathetic malawi

  4. chatonda mvula says:

    But why should people like Chilima just keep quiet when things are dwindling in DPP AND TO THE POINT OF ORGANIZING VIOLENCE AT THE mcp MEETING AND MONEY BEING PAID BY sYMON vUWA kAUNDA AND mABVUTO bAMUSI? wWHY THINKING SO LOW GUYS IN dPP WHEN YOU WILL NEED THE SAME PEOPLE YOU ARE CUTTING THEIR HEADS DURING THE 2019 ELECTIONS? tHIS IS VERY STRANGE AND STUPID IN A DEMOCRACY. tHIS WILL RESULT INTO A HUGE POLITICAL LOSS OF VOTES BY THE DPP

  5. Patroits says:

    Reforms! reforms ! embroidered with poor governance and autocratic tendencies, it’s like mixing oil and water. The two faced leadership is so worrisome.

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