President Mutharika lied on economy – Malawi economist body

Normally it is not a criminal offence for a politician to lie on a political rally but President Peter Mutharika told “many lies” in his state of the nation address in parliament on the state of the country’s economy, the Economics Association of Malawi (Ecama) has said. In his state of the nation address during […]

Budget hopeless, argues Malawi economists, opposition

Economists and opposition spokespersons on finance on Friday reacted to a 2015/16 budget statement delivered by Finance, Economic Planning and Development Minister Goodall Gondwe in parliament, saying the financial plan in “hopeless” and “not so inspiring”. The opposition Malawi Congress Party (MCP) spokesman on finance Joseph Njobvuyalema said in an interview after budget presentation that […]

Mutharika’s Malawi parastatal boards appointment ‘illegal’ – report

The appointments which President Peter Mutharika made for  board members in the Parastatal organisations have been deemed “illegal” as the Head of State is said to have flouted statues by appointing more members to at least seven parastatal organisations than is required by the law, according to newspaper report. Legal experts argue that the Presidential […]

Kachaje to launch an e-book Dec 27: ‘Life by design not by default’

Malawi’s renowned entrepreneur, motivator and trainer, Henry Kachale will launch an electronic book on 27th December titled ‘a life by design and not by default.’ In an interview Kachaje said he wrote the e-book in memory of his mentor teacher and motivator the late Dr. Myles Monroe. Monroe together with his wife died in November […]

New ministry approach for Trans World Radio Malawi

Trans World Radio (TWR) has finally caught up with modern technology by decommissioning its Shortwave transmission from Manzini, Swaziland to South and Central Africa covering Malawi. TWR Malawi Board Chair Justice  Esmie Chombo made the announcement Thursday in Lilongwe during a cocktail reception for its business partners and friends. She said that TWR will now […]

Zero-aid budget sign of maturity, says Malawi economists president

One of the business and economic commentators in the country, Henry Kachaje who is also president of Economic Association of Malawi (Ecama) has said the use of a zero-aid budget is a sign of maturity for Malawi. Kachaje said this in an interview with the Malawi News Agency (Mana) on Monday when asked to comment […]

Zomba State House to be hospital: Malawi to reduce state residences

After the Economics Association of Malawi (Ecama) ecommended to government the need to reduce the number of State Residences as part of austerity measures,  the DPP-led administration has said it will reduce the number of State Houses. Ecama made the recommendations through its newly-elected president Henry Kachaje at a pre-budget consultation meeting in Lilongwe. Kachaje said […]

Reduce state residences, cut ministers allowances- Economists Association of Malawi

The Economics Association of Malawi (Ecama) has recommended to government the need to reduce the number of State Residences and the review of ministerial perks. Ecama made the recommendations through its newly-elected president Henry Kachaje at a pre-budget consultation meeting in Lilongwe. Kachaje hailed President Peter Mutharika’s reforms in reducing the number of ministerial portfolios, […]

Kachaje elected president of Malawi economics body: Bokosi deputy

Business Consult Africa (BCA) Managing Director Henry Kachaje has been elected president of the Economists Association of Malawi (ECAMA). Kachaje was elected during ECAMA annual general meeting which was held on Friday in Blantyre. He pledged to “advise government on economic policies” saying ECAMA will reposition to be an economic think-tank in which policy makers […]

Analysts hail Mutharika for OPC streamlining

Civil society activists and a political analyst from University of Malawi, have welcomed President Peter Mutharika’s decision to restructure the Office of the President and Cabinet (OPC) by relocating some of its current functions to their relevant sectoral ministries. According to Vice President, Saulos Chilima, who is the chairperson of the Malawi Civil Service and […]

Malawi seeks economic freedom 50 years after independence

As Malawi marked 50 years of freedom from colonial rule on Sunday, President Peter Mutharika said the country’s biggest enemy today was poverty. Thousands gathered to celebrate independence from Britain in the capital Lilongwe, but many Malawians said chronic underdevelopment and heavy reliance on foreign aid had locked them into a new form of economic […]

Unsolicited advise to University of Malawi: Poly and Chanco students

INTRODUCTION: I know I am taking a very big risk to offer advice I wasn’t asked to give. But for the sake of the few who may see sense it what I will say, I will still offer this “unsolicited advice” anyway. CONGRATULATION! You have been called back. Your fight was worth it considering the rising […]

Malawi commentators downplay govt claims on economic recovery: ‘Too early to celebrate’

Malawi’s economic and business commentators Vitima Mkandawire and Henry Kachaje have described as insults government claims that the country’s economy has recovered due to the appreciation of the local currency – while the situation on the ground “continues proving to the contrary”. Speaking during the ‘Sunday Round-Table’ program which Nyasa Times monitored on a privately owned Capital Radio, […]

Kachaje says entrepreneurship key to Malawi change agenda

Managing Director of Business Consult Africa (BCA) Henry Kachaje says entrepreneurship is the missing key to unlocking the country’s untapped socioeconomic prosperity. Speaking during the official launch of United Democratic Front’s (UDF) Jubilee Movement in Blantyre on Wednesday, Kachaje said in the first 20 years of multiparty democracy Malawi lost some values that were important to […]

Entrepreneurship programme makes steady progress in Malawi

The Businesses Consult Africa’s (BCA) Entrepreneurship Revolution Programme (ERP) has started at a slow pace with the recruitment of close to 1 500 businesses and entrepreneurs six months down the line since its roll out in October last year. The figure is below the programme implementers initial expectation of 5 000 patrons within the first […]

Kachaje launches business radio programme on Trans World Radio Malawi

Business Entrepreneur and Speaker Henry Kachaje has launched a weekly radio programme on Trans World Radio (TWR). Called Nzeru Pa Chuma, Kachaje says he decided to introduce the radio programme to help many Malawians who are looking for information on how to move of out poverty. He explained that some Christians especially have a wrong view of […]