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: New Malawi purse keeper

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.

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59 replies on “Malawi president Chakwera appoints new finance minister Felix Mlusu”

  1. The problem with our President is that they never give background of Ministres appointed The Ministres should be appointed after through scrutiny and checkups Not just picking any Tom Dick and Harry they should look around for more qualified and deserving candidates who really understands the Country and world economics and past of all the Ministres should be clean without any kind of scams or frauds
    r

  2. I’ve done this In consultation with my vice.???? Make sure any decision you make tell the nation that you have consulted your vp, otherwise adzayamba kukudabwani ….(weakness).

    1. Go do your research and come back.

      This is not a position to learn on the job. This is a very important position that requires sober and mature professionals who can interface with world leaders and donors, not the Mchachas.

  3. It’s a very good decision to give responsibility of such important position to seasoned and experienced person so as to stabilize the countries economy and to make long term sustainable plan for growth. Young aspirants can work under his guidance to build countries future.

  4. Good move!choosing agogo is a good choice dont listen to these fools commenting shit!
    mukasankha achinyamata ayambapo kutibela ndalama zathu.tikufuna anthu okhulupilika osati mbava

  5. Mwati ndani? Lekani Katanduka? Eeeeeish and my foot!! This position needs leadership and people management. Katandukayu ali ndi nzeru zake basi. Let him run the sinking ship called Illovo

    1. Don’t disrespect Goodwell Gondwe like that. He is an actual economist, this guy is a business management and insurance guy. There is a big difference

  6. This man is like Kandodo from Kasungu, and they look the same. As an insurance man, all he knows is to gamble, apinyulitsa ndalama za boma. Mark my words

    1. Uchitsilu uja nde umenewu.

      Mr. Mlusu literally built NICO Holdings plc into what it is today and expanded it into other countries when no Malawian Companies were able to do that. How many executives can boast a CV like that?

      1. Running a business is not the same us running a country. Especially the most important cabinet post of them all, planning and budgeting the economics of a country and funding it’s policy and agendas

    2. Finally someone who gets it. Economics and Business are two different things. All business/insurance men know the is profitability, efficiency and feasible and that’s not how govt functions. We are in for wild neoliberal capitalism. Buckle up your belts Malawi

  7. Zayambika. A Chilima samatiuza kuti umenewu udzakhala unduna wawo! President ndi president wa pakaliyalla aonekanso chaka chake ndi chino.

  8. But why put old goats. Kuli achina Lekani Katandula, vizenge kumwenda, etc. Younger people. Koma kukatenga people from retirement. Nanga zachabe chabe nkhalamba zachani nazo

    1. The very people you mention were recruited and mentored by this humble yet extremely accomplished finance professional. Pena kumadzimvela chisoni ndi manyazi omwe.

  9. Izi nde ayi these people are 70. Can’t be recruiting old people like the DPP when youngsters are available. Mlusu and Mordecai are spent forces. Please bwana recruit younger people not getting people from retirement. Ngati zili izi better next time we have Chilima.

    1. Divorcing economic planning from finance is pointless, you can’t expect a finance minister waiting for finance research agendas from another minister before implementing his budget. The Chilima post is surely just useless facade, he should just concentrate on reforms but the finance side, he will have next to no input

  10. Inuuuu Nkahlamba iyi mwayitenga ngati Minister of finance siinu munka munena Goodall Gondwe koma MCP/UTM Njoipa kkk,A Saulosi Chilima minister of Economic Planning and Development and VP as well ok ali bhooo.Koma tiziona

  11. Anthu okuba Inu. Ngati mwakwanitsa kuba boma ndiye mungalephere kuba ndalama? Fotseki ndi itsanana wanuyo. Inu majaji pachakuti panu nonse. APM sanabere mavoti mu 2019 and umboni ndi mavoti omwe wapeza mu 2020 muno. Just check at percentages and you will see kuti APM indeed won in 2019. Pathakopanu Inu majaji achitumbuka.

  12. Chakwera why deny youths leadership positions in your government The position of minister of finance is supposed to be given to energetic young man and not to old guards like Mlusu. Anadyerera kale amenewo asiyeni azipuma.

  13. koma akuwoneka gogo munthu ameneyo, simungapezwko amisinkhu yabwinoko at least less than 65 years of age

  14. This is a very good move by the president. Felix Mulusu is a technocrat. However, mr president don’t be cheated that your government will survive through the presence of technocrats. You still need many political figures in your cabinet. No government neglects the people that assisted it to the throne. Those encouraging you to have technocrats only will be the first to laugh at you when those people have abandoned you, it will be too late to bring such people back when opposition to your government has intensified.

  15. The very first thing I would request Hon Felix Mlusu to look into is the interest which is being paid fraudulently to suppliers at excessive rates, particularly for the purchase of Tata trucks for Government in 1994-5.
    Even Tata were shocked by excessive cost and intertest their local agent has been charging Government since, so much so as to take away the agency.

  16. Aaaaaa aaaaa Koma nde old school, izi zachina goodall gondwe. This mlusu retired from nico because he was deemed too old and how on earth will he cope with current financial instruments. Poor Malawi we are now officially moving backwards

  17. aaaaa zayambikatu. mmesa Chilima ndi amene amayenera kukhala minister of finance? musatipute a UTM fe pliz. or week sinathetu mwayamba zimenezi. tithana koma?

  18. Mlusu is demonstrably capable, I hope is still fresh of mind looking at his age. Good choices all around. Looking forward to proper economic planning and tangible reforms in the Public sector!

    1. In his 70s what freshness is there. Many youngersters in the industry if he opened his eyes a bit more.

  19. This a an indication of a government which will deliver. Felix Mlusu is a man of high integrity committed to the development of Malawi.
    This is a commitment to end corruption. Bravo President Chakwera, you are being true to your word.

    1. Nanga aja anazipatsa okha kuti nyama tikapha ine ndidzatenga mutu aja akutinji? Komadi nyekhwe is real. A Chair anati wa pa kaliyala saimba chani?Ife ku ma stand day 2 kuonera Tikuferanji!!

      1. Mlusu is very hard working and focused on financial issues.National Insurance has reached where it because of his prudence in financial transaction and development Congratulation boss.

      2. Oh yes good for him to show Malawian that
        MK4,495 fertilizer can be sold to everyone in a country
        People can eat 4 times a day
        University students can get allowances while studying
        50yrs old people can get allowances of 15,000mk,
        One millions Jobs can be created not sending people to Jone and Dubai for Jobs
        Electricity and water can be connected free of charge

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