Hallo friends, colleagues, everybody from the party and such. New Year’s Eve is supposed to be an event to celebrate. So let’s hear some of the good news from Kukaya and then we have reason to party! Ken, why don’t you give me the good news first? How are things going? Hm, yes, well, things […]
Malawi President Bingu wa Mutharika has hit back at critics who argue that his administration will collapse due to fuel and forex crisis that is submerging the country into economic turmoil, saying he will still hold on to the balance of power. Speaking in Ntcheu district on Thursday on remarks broadcast live on state MBC […]
The Public Affairs Committee (PAC), a grouping of religious leaders in Malawi has announced it will resume its democracy advocacy role in the new year. The organisation through chairperson Rev MacDonald Kadawati says 2011 has been the worst year as far as economic and political governance is concerned with enactment of bad laws, acute shortage of fuel […]
Malawi President Bingu wa Mutharika says he remains opposed to devalue the country’s currency, Kwacha, as argued by economists and has challenged International Monetary Fund (IMF) that the devaluation will not benefit Malawi. IMF wants Malawi to further devalue the Kwacha and liberalise foreign exchange before resuming the country’s Extended Credit Facility and cushion the […]
Malawi’s Vice President and Peoples’ Party president Joyce Banda says Small and Medium Enterprises (SMEs) in Malawi are bearing the biggest brunt of the much touted Zero Deficit budget because there is fewer money in circulation. Many think tanks described the zero deficit budget – a brainchild of President Bingu wa Muthatika – as fallacy […]
Malawi’s President Bingu wa Mutharika on Tuesday attributed his administration’s malfunction to what he called lack of visionary leadership by the former ruling parties MCP and United Democratic Front (UDF). The President was speaking at Tsabango Primary School in Lilongwe where he elevated 39-year-old Chief Tsabango, real name Patrick Chiwanda, to Senior Chief Tsabango, becoming […]
Malawians on Boxing Day hit back at President Bingu wa Mutharika’s Christmass national address to which he atributed “the works of the devil” to the economic turmoil that has hit the country in the 2011. In a speech monitored on Malawi Broadcasting Corporation, Mutharika said: “Satana anatikhalira pamsana; anabweretsa njiru, kudana, mabodza ndi kaduka. [Satan oppressed […]
One of Malawi’s renowned economists Dr Charles Chanthunya has asked the country’s monitory authorities to consider abolishing the existing exchange controls to contain the acute shortage of forex which Malawi is facing. Chanthunya was speaking Saturday on ‘Contemporary Issues’ aired on Radio Islam which is hosted by Amadu Rashid Mapila. The weekly panel discussion program […]
Some business executives and consumers in Malawi have described this year’s Christmas and festive season as the worst because the country is going through economic crisis never seen since independence in 1964. Random interviews by Nyasa Times in Lilongwe, Zomba and Blantyre show that many people have now just restricted their December budget to priorities […]
Long winding queues snake around every service station in Malawi as motorists hunt for the scarce commodity. The scenes are reminiscent of Zimbabwe before the formation of the coalition government in 2009 with motorists queuing for what seems like an eternity. The queues tell of the true story of a Malawi on fire. They tell […]
The Malawi governments says it belives the recent price increase of the country’s staple food, maize by 50 per cent would save the poor from exploitation of parallel market traders. Deputy Minister of Agriculture Kingsley Namakhwa said this when he granted an interview to the press in the capital city Lilongwe on why state-owned produce […]
It is clear even to a primary school pupil that Malawi is sailing in economic and political turmoil. The problems we are facing are many and serious. More importantly that we need to collectively come up with solutions and get back to the road of prosperity is what any Malawian of good will expects. I […]
Malawians will keep on digging deep in their pockets as the cost of maize meal, a staple foodstuff, has gone up 50 percent margin, “With immediate effect”, a bag of 50 Kilogramme of maize will now sale at K3, 000, from K2, 000, according to Agriculture Development and Marketing Corporation (Admarc) spokesperson Agnes Chikoko. Recently, […]
A few days ago, there was an article by the same author entitled ‘As government meets the trade unions and employers’ in which the writer pleaded with government to reconsider the existing socioeconomic state of affairs that have in essence affected equally the employers and workers. Sooner than later, a Nyasa Times journalist reported that […]
Malawi President Bingu Wa Mutharika facing intense pressure from his people and the international community to reverse deteorating economic standards in this southern Africa impoverished nation has declared a two week holiday for all civil servants in the country. Announcing the holiday in the administrative capital, Lilongwe, Mutharika, through the Office of President and Cabinet […]
The number of companies facing decreasing production is on the rise, the recent being Bakhresa that has closed down its Lilongwe branch. This has ended in more people having no jobs because myopic economic engineering by the authorities. Bakhresa Grain Milling (Mw) Limited has closed down its branch in Lilongwe there by declaring only Malawian […]
The article “Malawi a Failed State – Cama”, which appeared in the print media, deserves commentary and critical analysis. Two terms were used in the article: “Failed State” and “Collapsed State” and, it was the statement “government has collapsed and has completely abandoned management of the country”, attributed to John Kapito, that, in actual fact, […]
The tone set by the coming in of the International Monetary Fund mission to Malawi and visit by a delegation from the Millennium Challenge Corporation has set new hope among senior government officials in a country ravaged by a host of shortages of basic goods. Malawi’s economy is on its death bed as it mangled […]