Malawi Police at Kamuzu International Airport (KIA) in Lilongwe on Thursday foiled an attempt by a Chinese national to illegally externalise foreign exchange worth K4.2 million to China. KIA Police spokesperson Sapulain Chitonde told Malawi News Agency (Mana) the suspect, Liqiong Chen, was scheduled to travel to China on flight number SA171 through South Africa […]
The Chinese Ambassador to Malawi, Zhang Qingyang has urged Malawians to develop entrepreneurial spirit and venture into small scale businesses to help strengthen the country’s ailing economy. Chinese envoy made the call when he officially handed-over two bore holes to Lufaneti and Khwiliro villages in Mulanje South West Constituency, whose Parliamentarian is Dr. George Chaponda, […]
On December 3rd, 2015, I woke up to this feature article headline ” Malawi in Coal Fired Power Plant MOU with China Group: To Boost Economy”. The article quoted Minister of Finance and Economic Development, Goodall Gondwe, stating that the objective of the current government is to ensure that Malawi would no longer be called […]
A horde of disillusioned businesspersons in Mzuzu have ganged up with demands that they want all foreign traders, especially Chinese nationals owning retail shops, out on the basis that the latter are “frustrating” their businesses. The businesspersons, approximately over two hundred, say it is becoming increasingly difficult to compete with the foreigners as these, they claim, “choose […]
Malawi President Peter Mutharika has said his government remains focused and committed to all development pacts and arrangements it has with China as it is the best way of improving local livelihoods through development of infrastructure and strengthening of institutions. Mutharika reiterated this focus during proceedings at the Forum For Africa-China Cooperation (FOCAC) Summit in […]
Malawi on Thursday signed a Memorandum of Understanding (MOU) with China Gezhouba Group Corporation (CGGC) to develop a coal-fired power plant at Kam’mwamba in Neno. The 300-megawatt power plant is to be implemented at a cost of $600 million and will be the largest single development project Malawi has undertaken since it gained independence in […]
China has announced it is to write off all interest free loans and soft loans to Malawi and other African countries. The deputy Chinese ambassador to Malawi said this Tuesday in Lilongwe at a news conference ahead of Africa China summit to be held in South Africa in December and Malawi President Peter Mutharika will […]
Malawi government gave special recognition to China during the Remembrance Sunday of the two world war heroes on in Zomba. The Chinese ambassador to Malawi was given a chance to lay a wreath at the war memorial tower in Zomba representing his country. This was after the British High Commissioner to Malawi Michael Nevin and […]
Parliamentarians from the northern region are going to hold a press briefing to express their dismay over government’s distribution of various development projects that are going to be funded by the Chinese government, Nyasa Times has learnt. The seven projects, pegged at a whooping K1.3 million dollars, include the construction of Chileka International in the commercial capital […]
The new 40 000-seater Bingu National Stadium being constructed in Lilongwe will be on course for completion by November 30, 2015,despite reports of theft of water pumps that were used for the ground. Chief Archtect in the Ministry of Sports McNight Munthali said the insecurity at the facility has led to the stoppage in watering […]
Malawi cannot construct a new airport at Chileka or increase power generation capacity without borrowing funds therefore the recent announcement by President Peter Mutharika to borrow $1.5 billion (K817.5 billion) from China to fund several infrastructure development projects, is a wekcome development, Economists Association of Malawi (Ecama) has said. The loans would be obtained from […]
Leaders in the northern region in the arenas of religion, development and social science, politics and activism have taken turns in faulting the Malawi government for behaving “regionalist” in her manner of allocating USS1.3 million worth of development projects that are expected to be financed by the Chinese government. The seven projects which include the […]
There are mixed feelings over China’s new round of cooperation with Malawi amounting to $1.5 billion (about K855 billion) in various sectors, including building a cancer centre, increasing power generation capacity by 300 megawatts (MW) and construction of a modern Chileka International Airport within three years. During interviews on Capital Radio, critics ranging from University of Malawi dons, […]
Former ruling People’s Party (PP) says credit should also go to ex-president Joyce Banda for facilitating some of the loans and grants which China granted Malawi this week. PP officials told Nyasa Times Friday most of the loans and grants were signed two years ago. “For example, the 300 megawatt coal fired electricity plant was […]
I have been trying so hard to avoid commenting on the recent aid package that our President and the DPP government boasts to have secured from China. My hesitation did not derive from the revelation that these deals were already stricken by former president Joyce Banda, but I was worried that, given our traditional understanding […]
Ruling Democratic Progressive Party (DPP) elite are popping champagne at Kamuzu Palace following President Peter Mutharika’s successful securing of a multibillion Kwacha aid package from China which covers, among others, the construction of the district hospital and cancer centre worth over $23 million at Kameza in Blantyre. Mutharika said this during a news conference in […]
Malawian President Peter Mutharika Sunday returned home from China where he among other things attended the World Economic Forum (WEF) and discussed development projects with Chinese Prime Minister Li Keqiang. Speaking on arrival at Kamuzu International Airport in Lilongwe, President Mutharika described the visit as an immense success. He said Malawi would continue to benefit […]
The Chinese government has granted Malawi K17 billion to go towards procurement of Police Service vehicles and establishment of community technical colleges. President Peter Mutharika, who is in China for a five-day official visit, revealed about grant on Friday. ”It is great news that China has granted Malawi MK 17 billion .This gesture was disclosed to […]