International Monetary Fund (IMF) says Malawi is on-track to revive the Extended Credit Facility (ECF) programme with the fund which has been attributed to good management of domestic finance since September 2015. ECF, approved in July 2012, is IMF’s main tool for medium-term financial support to low income member countries such as Malawi. IMF Chief […]
Government officials say the economy is going to pick up soon with food prices expected to fall as some farmers are now harvesting maize. Ministry of Finance spokesperson Nations Msowoya said coupled with the sound economic policies that the Peter Mutharika administration has now put in place following the turbulence the economy faced. “As you […]
Index of global well-being sees Malawi ranked 132 out of 157 countries , according to the fourth World Happiness Report, released on Wednesday. The report found that inequality was strongly associated with unhappiness . The report was prepared by the Sustainable Development Solutions Network, an international panel of social scientists that includes economists, psychologists and public health experts […]
It has come to my concern to address this to every Malawian, especially those of you who have an opportunity to voice out to the public; criticizing the government, clearly pointing out the problems the country is facing, but do not provide solutions. Political analysts, economist and different CSOs have criticized the government on many […]
Economy issues raised in a pastoral letter issued by Bishops of the Catholic Church in the country dominated the headlines in Malawi dailies on Monday. The bishops’ epistle talked tough against the prevailing socio-political and economic issues facing the country. “Bishops chide govt on economy” screamed the headline in The Daily Times reporting what the […]
Centre For Human Rights and Rehabilitation(CHRR) Executive Director, Timothy Mtambo, has slammed members of parliament for demanding increase in their daily accommodation allowances from K50,000. MP Alekeni Menyani on Thursday, last week, suggested to Finance Minister Goodall Gondwe to increase the legislators K50, 000 daily allowance arguing it is inadequate to afford them put up in luxurious […]
For about a year now the Government of Malawi is operating on a Zero deficit budget. This is a situation where western donor nations have decided to withdraw their yearly budgetary support and instead they are indirectly providing their support through civil societies and other agencies. There has been a shift in budgetary support due […]
Malawi Parliament has sternly warned the government against arresting street beggars some of whom are minors, saying this cannot be a solution to the tendency. Chairman of parliament’ Social Services Committee Richard Chimwendo Banda said the arrest of young street beggars will only turn them into hardcore criminals as prison is not a good place […]
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 […]
Renowned economic expert Henry Kachaje has said Malawians are 40 percent poorer today than they were a year ago and blamed the citizens for their silence when the economic situation is worsening. Kachaje, who is also president of Economists Association of Malawi, said this during a debate on Monday in Lilongwe organised by Oxfam to […]
Malawian women on Tuesday joined the rest of the world in commemorating Women Day but has been overshadowed by increasing poverty due to economic turmoil and scarcity of food which has completely pushed the cost of life beyond reach of many. The main event was commemorated in Nkhata Bay where minister of Gender Patricia Kaliati […]
Opposition People’s Party (PP) has maintained its pressure on government to ensure maize is available in all Admarc depots and faces an unspecified action should the government fail to do so within 30 days. PP acting president Uladi Mussa said in addition, the opposition has given President Peter Mutharika up to 90 days to improve […]
Malawi is a sick nation, socially, politically and economically. While speaking during the consecration of the Very Reverend Father George Desmond Tambala as Bishop of Zomba Diocese, our President lamented; “We are full of cynicism and we have no faith in ourselves as a nation. We want change but we don’t want to change. We […]
The Malawi News article lead article on Saturday and an editorial comment has attached weight to claims made on a Nyasa Times column ‘Loose Cannon’ which likened the current crisis in Malawi to the sinking of the Titanic. In the Malawi News front page story about ‘Smugglers aiding migration to South Africa’ the flagship weekly […]
Malawi government which faced criticism for blowing K330 million of tax payer’s money with a bloated delegation to United Nations last year is at it again, this time sending another big delegation to New York for a UN Commission on the Status of Women meeting at a time when millions of Malawians face poverty. The 60th […]
University of Malawi’s Chancellor College political scientist Michael Jana has said President Peter Muharika should stop making excuses for ongoing economic problems in the country but look for solutions within rather than blaming the past. Jana said: “President Harry Truman of the United States of America used to put a sign on his desk that […]
Over half of Malawi’s 17 million population is still hovering just over the poverty line, with limited access to basic necessities as the country grapples with failure to find the right mix of financing to create wealth. Secretary to treasury Ronald Mangani has attributed to Malawi’s slip on Malawi Development Growth Strategy to donor dry […]
Some civil rights leaders in Malawi are organising to hold a protest march on March 10 to force the government release maize in Admarc depots for starving Malawians and improve the ailing economy that has skyrocketed the cost of living. Billy Mayaya, one of the organisers of the peaceful march said it is a Republican […]