Malawi president Chakwera appoints new finance minister Felix Mlusu

New Malawi President Lazarus Chakwera has  named a new government on Monday in which  former Nico Holdings managing director Felix Mlusu will assume the role of finance minister, the government said in a statement.

Mlusu is a financial executive who served  as managing director of the Malawi Stock Exchange (MSE)-listed conglomerate  Nico for 41 years.

He  joined the then State-controlled company on July 8 1975 as management trainee.

Vice-President Saulos Chilima has been given a ministerial position of Economic  Planning and Development and Public Sector Reforms.

Mlusu’s main task will be to ensure the country has a provisional budget for some three months.