Life is governed by sets of laws. There is the law of gravity for instance and then there is the law of sowing and reaping. There are also laws that governs the process of receiving money legally in the marketplace. Businesses need to make money to stay afloat and to be able to deliver goods […]
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 […]
Picture this: Your house and the entire town has been invaded by frogs. They are everywhere, in your bedroom, in your bathtub, in you lounge, in the kitchen, on your veranda, on your favourite relaxing couch… frogs everywhere! You are frying some tender chunks of T-bone steak, and alas, three frogs jump into the frying […]
In one meeting which I attended, a question was asked; “What should Malawi stop doing to make economic progress?” One diplomat responded in just four words; “stop looking for excuses”. I can’t agree more. We seem to be too obsessed with finding and inventing excuses to justify our economic malaise and stagnation. We blame it […]
Renowned economist Henry Kachaje has asked President Peter Mutharika to set a commission of inquiry to probe reports that government obtained a K23 billion loan from India to buy tractors for smallholders farmers but were fraudlently sold off to influential Malawians including politicians. Kachaje said this on Tuesday in Lilongwe during a debate on whether […]
President of Economic Association of Malawi (ECAMA) Henry Kachaje, has blamed politicians for turning the Farm Input Subsidy Programme (Fisp) into a political tool. Kachaje was speaking Wednesday in Lilongwe during a panel dialogue on hunger which Civil Society Agricultural Network (Cisanet) organised in conjunction with State of the Union (SOTU). The economist Kachaje said it is […]
President of Economists Association of Malawi (Ecama) Henry Kachaje has told the Malawi government to privatise power utility firm, Escom saying the frequent power cuts are contributing to economic slowdown. Kachaje said the only way to make Escom more efficient and effective is to put it in the hands of the private sector. “If it […]
Some years ago someone shared with me the thought that we need to use the head for thinking and not carrying heavy stuff. To illustrate his point he continued sharing that both the white man and the black man knew long time ago that water is essential for life and they both used “heads”. The […]
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 […]
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 […]
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 […]
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 […]
I am told his title is Major Prophet, or sometimes referred to as Major 1. He has been the talk on social media, electronic and print media. He was recently in the country and received the level of police security that got some people scared that the prophet was stealing the show, probably being treated […]
I read with a great deal of interest the article that was recently published by Nyasa Times online in which two leading economists( Mr Henry Kachaje and Mr Edward Chilima) proposed the abolition of political party manifestos. They claimed that if this proposal was implemented it would facilitate national development. I must confess that I […]
Two leading economists have suggested that Malawi should abolish political party manifesto system and instead adopt a long term national development plan to ensure continuation of development programs even if an administration is voted out of power. Henry Kachaje and Edward Chilima, chairman and executive director of Economics Association of Malawi made the suggestion in […]
Having combed with a fine toothcomb through The Daily Times’ story about Economists Association of Malawi (Ecama) suggesting that President Peter Mutharika lied on the economy, I have failed to come across a statement where Vitus-Gregory Gondwe, the author, quotes Ecama’s president Henry Kachaje as saying “Mutharika lied on the economy”. Which is why I find […]
Economics Association of Malawi (Ecama) has accused Daily Times newspaper of sensationalising their headline when it reported that “Mutharika lied on economy” citing the association’s president Henry Kachaje. In a statement made available to Nyasa Times on Sunday, June 21, 2015 the association said the headline of the newspaper did not reflect the contents of […]
President Peter Mutharika replied critics of his economic policies, challenging them to come out with solutions or alternative measures for rebuilding the country, dismissing assertions that Malawi is going in the wrong direction under his leadership. “There are stories in the paper that Malawi is going in the wrong direction that the DPP government is going […]