Malawi President Lazarus Chakwera has appointed Malawi Confederation of Chambers of Commerce and Industry (MCCCI) chief executive officer Chancellor Kaferapanjira as his chief economic advisor, Nyasa Times understand. The appointments take immediate effect. Chakwera is signalling a private sector-centric formula to the country’s prosperity as he also entrusted economic planning and fiscal policy to two former […]
Malawi Confederation of Chambers of Commerce and Industry (MCCI) has demanded merit-based appointments in official positions as well as parastatals. MCCCI chief executive officer Chancellor Kaferapanjira said this would ensure efficiency in the use of resources put in the K1.7 trillion national budget. He said efficiency can be achieved with the right personnel in the […]
Malawi Chambers of Commerce and Industry (MCCI) chief executive officer Chancellor Kaferapanjira has described 2018/19 financial blueprint which has been pegged at K1.5 trillion as a financial plan that will not translate into any gains for poor Malawians. In an interview, Kaferapanjira said the budget is the emptiest finance minister Goodall Gondwe has ever presented […]
Business captains have asked the government to reduce excise duty on beers locally brewed saying the 40 per cent taxes are choking the beer industry. Malawi Confederation of Chambers and Industry (MCCI) chief executive officer Chancellor Kaferapanjira said this Tuesday in Lilongwe when Finance Minister Goodall Gondwe held pre-budget session. Kaferapanjira said the 40 percent […]
Nkhata Bay North member of Parliament (MP) Ephraim Mganda Chiume (People’s Party-PP) has frantically pleaded with the government to repay a debt of K30 billion to private sector, saying the continuous withholding of the money is choking the already ailing economy. Chiume, a former minister of Foreign Affairs during the Joyce Banda administration and also Minister of […]
Malawi Confederation of Chambers of Commerce and Industry’s (MCCCI) chief executive officer Chancellor Kaferapanjira has highlighted that Malawi is plunging into an economic meltdown and that the private sector is in distress with the weakening of Kwacha currency, rising inflation and interest rate. Kaferapanjira was speaking at major conference organised by quasi-religious grouping the Public Affairs […]
Malawi President Peter Mutharika statement that the country’s economy is projected to register a real Growth Domestic Product (GDP) of 5.4 percent in 2015, has been taken with a pinch of the salt by captains of the business industry. Mutharika said despite the devastating floods and dry spells that damaged tobacco and corn crops, Malawi […]
Renowned historian and author, Desmond Dudwa Phiri, widely known as DD Phiri, has advised Malawians to judge President Peter Mutharika not on the basis of accomplishments, but strategies he has put in place for ringing the economic and social changes in the country. According to him, six months that Mutharika has been in the office […]
Malawi Vice President Saulos Chilima on Tuesday engaged the private sector in the commercial capital Blantyre in a frank and straight talk approach as one way of soliciting feedback from the captains of the industry on the public service reforms which he is steering. Chilima assured the private sector that the current efforts to reform […]
Malawi Congress Party (MCP) is fighting tooth and nail to win the election which they did not contest in almost 40 constituencies for parliamentary seats as the party and most of its financiers borrowed heavily to finance their campaign. An MCP insider revealed to Nyasa Times that the party borrowed a lot of money for […]
Police in Malawi’s capital Lilongwe have arrested head of the Malawi Confederation of Chamber of Commerce and Industry (MCCCI) Chancellor Kaferapanjira for allegedly beating up Malawi Institute of Journalism Radio, reporter Anthony Masamba during a radio interview. Deputy national police spokesperson Kelvin Maigwa confirmed to Nyasa Times on Saturday that Kaferapanjira was arrested on Friday and […]
A report on BBC Focus on Africa television programme monitored by Nyasa Times on Thursday captured Malawians facing economic hardships as the results of devaluation and consequent floation of the kwacha currency. The poor – 39% of the 13 million citizens, living on less than one dollar a day – suffered much from the devaluation, […]
What started as a normal radio interview ended up into assault as renowned economist and Malawi Confederation of Chamber of Commerce and Industry (MCCCI) Chancellor Kaferapanjira beat up Malawi Institute of Journalism (MIJ) radio reporter Anthony Masamba. Details of the story are that Masamba who is emerging to stardom with his hard hitting “The Melting […]
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has expressed disapproval of government’s control in agriculture trade arguing it impacts negatively on the market. The Chamber, in a statement signed jointly by its Ppresident Matthews Chikankheni and Chief Executive Officer Chancellor Kaferapanjira, says such restrictions deprive farmers of better prices and also act […]
Malawi Confederation of Chambers of Commerce and Industry (MCCCI) Chief Executive Officer Chancellor Kaferapanjira has thrown a punch at Consumers Association of Malawi (Cama) Executive Director John Kapito, saying he was misleading people on the economy. However, Kapito has hit back at Kaferapanjira describing him as a capitalist who speaks on behalf of industry and […]
The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has said agriculture could be a catalyst for industrialization if only efforts to mechanize the industry and proper use of farm inputs were stepped up. In his presentation at a press briefing aimed at disseminating messages on the importance of the forthcoming Agriculture Fair in […]
President Joyce Banda has appointed one of staunch critics of the previous regime, Chancellor Kaferapanjira, as principal secretary in the Ministry of Trade and Industry replacing long serving Newby Kumwembe, a midweek Business Times newspaper reported. Kumwembe has been moved to Finance Ministry as PS responsible for administration. However, Kaferapanjira, Chief Executive Officer for Malawi […]
Preparations are at an advanced stage for this year’s trade fair which runs from May 25 to June 3, the Malawi Confederation of Chambers of Commerce and Industry has announced. MCCCI chief executive officer Chancellor Kaferanjira told Nyasa Times on the sidelines of media briefing in Blantyre that preparations for this year’s event have been dogged by […]