President Peter Mutharika has said it is wrong to insinuate that the Malawian economy has collapsed, expressing optimism that something better could come out of the current economic challenges. The President condemned his critics, saying it was impossible for the economy to collapse when the country was still recording economic growth even if it was […]
President Peter Mutharika says Malawians should accept that donors have pulled their aid from the country and they will not be returning back. Mutharika said this Friday when he opened the 46th session of parliament in Lilongwe. “The age of donor aid seems ro be gone. Our developong partners remain with us only wit support […]
Recently, Parliament has come under fire for what has been dubbed ‘extravagance’. The media is awash with the ‘revelations’ of how Parliament has gone on a shopping spree for top of the range luxurious vehicles to the extent of blowing a whooping MK300 million on just four people. Watching the news and special programs specifically […]
Dear My Dearest Mr President, You might be wondering why I have decided to drop you this letter. I am writing to you on behalf of all the youth in Malawibecause when you leave your office in 2024 (if your wishes come true) or when you reach the end of your inevitable life journey, whichever […]
Parliament says government duly approved the purchase of the K300 million vehicles for Speaker Richard Msowoya and leader of opposition Lazarus Chakwera and were bought last year. This parries away media reports that they were bought this year when the economic situation has worsened. Leonard Mengezi, parliament’s public relations officer says the vehicles were bought […]
Imagine this: A boy aged 16 and a 14 year old girl living in the rural areas of Malawi, fall in love. A few things happen in secret, and nine months later, their secret is fully revealed at a free government hospital, where the young lady becomes a mother and drops out of primary school. […]
Activists Billy Mayaya and Rev Macdonald Sembereka on Sunday accused Parliament for spending K300million in procurement of four State of the art vehicles, for Speaker, deputy speakers and leader of opposition, Dr Lazarus Chakwera. Parliament has bought a Land cruiser for the Speaker and three Toyota Prados for leader of opposition in parliament Lazarus Chakwera, […]
Vice president Saulos Chilima has asked opposition leaders in Malawi to stop finger pointing on the economic problems the country is going through but instead find solutions. Chilima said this Saturday in Zomba during the commemoration of 50 years since the birth of Chilema Ecumenical Centre, a pastoral centre jointly owned by the Anglican and […]
Malawi President Peter Mutharika will not attend the forthcoming will not attend the India-Africa Forum Summit later this month in New Delhi due to some economic challenges facing the country, Nyasa Times has learnt. India invited Mutharika, along with 54 heads of state, for the third India-Africa Summit. The Malawi leader was scheduled to leave […]
Any close and honest analysis of the late president Bingu waMutharika’s vision for Malawi comes to one evident conclusion. BinguwaMutharika’s major preoccupation for Malawi was food security. This was to be achieved through the Farm Input Subsidy Program (FISP) and the Green Belt initiative. Of course his ancillary ambition was to improve the country’s competitiveness […]
Finance and Economic Planning Minister Goodall Gondwe has warned Malawians to brace themselves for tougher economic times ahead. Gondwe delivered the implicit message in Lilongwe Tuesday during a high level dialogue between Cabinet Ministers and the Civil Society Community (CSO’s) where the latter had demanded an explanation of Malawi’s economic stance. He, however, expressed optimism that the country with weather the […]
Malawian citizens have expressed their views on the current economic recession and public service reforms arguing that if the country is to change then the change should begin with the highest office in the land and trickling down to ministers. The sentiments were expressed during a public debate called Bwalo la Nzika which was organised […]
Malawi Civil Society Organisations (CSO’s) have undermined President Peter Mutharika economic credentials, calling him to fix the country’s ailing economy. The CSOs include Centre for Human Rights and Rehabilitation (CHRR), Human Rights Defenders Forum, Centre for the Development of People (Cedep), Civil and Political Space Platform as well as human rights activists Martha Kwataine and […]
Radical changes are needed to revive Malawi’s economy, which is in bad shape and requires a fresh approach, Economics Association of Malawi (Ecama) has said. The group’s president Henry Kachaje said it clear in the light high inflation rate at 23 percent as of August 2015, according to National Statistical Office (NSO), high interest rates […]
President Peter Mutharika has commented on the free fall of the country’s currency, the Kwacha, saying it was over-priced and it is currently depreciating to its true value. Mutharika said in an interview with the Voice of America (VOA) that the kwacha is further weakened by a weak export base. “Part of the problem is […]
The Bankers Association of Malawi in its analysis of the Malawi’s economy in 2013/14, said that “we are too disorganized to progress”. Let me add that we seem to be“too divided to progress”. Probably we were not ready for democracy or we totally misunderstood the whole concept of democracy. As a result, we are too […]
President Peter Mutharika has put a brave face following the International Monetary Fund (IMF) suspending of loans to Malawi for failing to cut its wage bill and improve revenue collection, saying his administration will implement what IMF has recommended and the economy will not collapse though it is less likely Western donors will resume budgetary […]
A leading economic commentator in Malawi has asked the government to intervene in the country’s bank interest rate which he says is leaving most Malawians poorer than ever before. Henry Kachaje, who heads the Economists Association of Malawi, told the state controlled MBC tv that there is need to have clear policies that would protect […]