When the Speaker calls the House to order today, it will not just mark the beginning of the Third Meeting of the 52nd Session of Parliament. For millions of Malawians struggling to put food on the table, pay school fees, or access healthcare, it will represent another test of whether their leaders are listening. Behind […]
ERIS and Icon Properties, part of the NICO Group Malawi, have marked Malawi’s 62nd Independence Anniversary with vibrant celebrations at Chichiri Shopping Mall and Lilongwe City Mall (Game Complex), rewarding loyal customers while bringing communities together for fun-filled festivities. The Independence Day celebrations feature entertainment, community activities, and a raffle draw where shoppers stand a […]
Delays in the disbursement of the Constituency Development Fund (CDF) have forced Member of Parliament for Mzimba South West, Khumbo Kachali, to consider using his own money to rehabilitate roads in his constituency as residents continue to endure poor transport infrastructure. Kachali said he is prepared to finance the grading of roads by purchasing fuel […]
National Bank of Malawi (NBM) plc has handed over a newly constructed solar-powered water reticulation system to Mikate Health Post in Thyolo, aimed to improve healthcare service delivery. The donation forms part of the bank’s district council’s K200 million Corporate Social Responsibility (CSR) initiative supporting various development initiatives across the country. Speaking during the handover […]
Chief executive points to easing inflation and expected rate cuts as catalysts for sustained recovery in Malawian financial sector. Standard Bank Malawi has reported a 41 per cent rise in post-tax profit to K122bn for the year ended 31 December 2025, as the listed lender said a confluence of improving macroeconomic conditions was strengthening the […]
Malawi’s Finance Minister, Joseph Mwanamvekha, has told supporters at a Democratic Progressive Party (DPP) rally in Machinga that the country’s economy is stabilising, citing improvements in foreign exchange availability, a stronger kwacha and falling prices of essential goods. His claims were immediately challenged by the opposition, which described the picture he painted as inconsistent with […]
Prophet Shepherd Bushiri has issued one of his most striking public appeals yet — a call for Malawians, especially the young, to believe not in charms or unorthodox shortcuts, but in their own capacity to build wealth through knowledge, discipline and imagination. Speaking at the Southern Region Press Club, Bushiri framed prosperity not as something […]
The International Monetary Fund (IMF) latest mission statement reads like a diplomatic pat on the back — “constructive discussions”, “credible policies”, “commitment to stability”. But for Malawians living with a collapsing kwacha, empty forex reserves and the highest cost‑of‑living pressure in years, the tone borders on detached. The Fund applauds government efforts to “align domestic […]
Malawi’s latest inflation figures offer a neat headline for policymakers — but very little comfort for the people living through the country’s worst cost‑of‑living squeeze in years. A drop from 24.3% to 23.4% looks tidy in a report, yet it does not change the fact that most households are still battling rising prices, a weakened […]
Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha faces a stern test of his leadership as he navigates the serious economic challenges confronting Malawi. Mwanamvekha, a senior cabinet minister and prominent figure within the governing Democratic Progressive Party (DPP), is often touted as a potential future presidential candidate. But his credentials and leadership acumen […]
Malawi government has been advised that they should fast-track payments to businesses which area struggling amid the tough economic environment after the private sector companies have cried foul over government’s delays to pay them tax refunds which have now risen to K12 billion. In an extended coverage of their story, Malawi’s flagship daily newspaper, The […]
Officials from Economists Association of Malawi (Ecama), an umbrella body for economists say the growing closure of business operations and retrenchment is detrimental to the country’s social economic growth. They have said this because of the growing trend of closure of some companies and retrenchment of employees. Lauryn Nyasulu , president of the Economic Association […]
The International Monetary Fund (IMF) has approved debt relief for Malawi to help address the economic impact of the Covid-19 pandemic. Malawi is one of the 28 countries in the world to benefit from the third tranche of grants for debt relief under the catastrophic Containment and Relief Trust. According to IMF, this new approval […]
Opposition Democratic Progressive Party (DPP) spokesperson of Finance and the Economy in Parliament Joseph Mwanamvekha has decried the hike in the price of electricity, saying it would have negative ripple effect to the rest of the economy and hurt poor Malawians even more. Mwanamvekha said this in interview with Nyasa Times in reaction to a recent […]
President Lazarus Chakwera says Malawi economy has shown resilience despite Covid-19 and he is optimistic that it will recover as his administration is working on policies designed to reorient the governance framework from one that enriches a few individuals to one where all Malawians can prosper together. He said such policies are in line with […]
Leader of Opposition in Parliament Kondwani Nankhumwa has said it is “an open secret” that Malawi economic outlook is grim and has called on President Lazarus Chakwera and his Tonse Alliance government to ensure strict financial discipline to avoid ‘crisis of unprecedented levels’. He was speaking during the closing of the mid-term budget review meeting […]
Malawians should brace for tough times as the Reserve Bank of Malawi (RBM) has warned that local currency, the kwacha will continue to depreciate against other trading currencies due to continued shortage of supply of foreign exchange to the market. The central bank says continued shortage of supply of forex will trigger a further depreciation […]
Chairperson of the Parliamentary Budget and Finance Committee, Gladys Ganda, has said the economic growth projections at 3.5 percent as contained in the mid-term budget statement presented on Friday February 26, 2021 by Minister of Finance Felix Mlusu have been “overstated”. Speaking in Parliament on Thursday, March 4, 2021 “to offer a few reflections as […]