Indian businessman arrested at Malawi airport for attempting to externalise K504 mil

A 38 year-old  Malawian businessman of Indian Origin has been arrested for attempting to externalize foreign currency amounting to about K504 million. Police officers at Kamuzu International Airport (KIA ) arrested  Iqbar Sodagar Moinuddian Mohmad after being found in possession of US$622,820, 2,015 British Pounds and 15,860 Euros. Sergeant Suplain Chitonde disclosed that Mohmad was […]

Indian gives Malawi K723mil aid: To be used in buying medical equipment at Mzuzu Hosital –  Minister Kumpalume

Indian government has given Malawi K723 million aid  to assist in buying medical equipments at Mzuzu Central Hospital. Speaking during cheque presentation in Lilongwe at Ministry of Finance, Development and Economic Planning office, Indian High Commissioner to Malawi, Suresh Kumar Menou said the assistance has come in response to appeal that was made by President […]

India to boost Malawi’s ICT, Agro processing sectors – New envoy

Newly appointed Indian High Commissioner to Malawi, Suresh Kumar Menon Tuesday said his major task while in the country would be to enhance the areas of Information Communication Technology (ICT) and Agro processing. While presenting letters of credence to President Prof Peter Mutharika at Kamuzu Palace in Lilongwe, Menon said Malawi and India have for […]

Malawi signs $23.5mil credit with India Exim Bank  for Blantyre Water project

Malawi High Commissioner to India, Dr. Mbuya Isaac Munlo on behalf of the Minister of Finance, Economic Planning and Development on Friday 5thAugust signed the USD23.5Million Line of Credit (LoC) for the Blantyre Water Project in Malawi. The High Commissioner signed the LoC with the Chairman and Managing Director of Exim Bank; India, Mr. Yaduvendra […]

MP Lunguzi query Malawi lines of credit: Parliament approves K6bn loan from India  for Blantyre water

Dedza East MP Juliana Lunguzi (Malawi Congress Party-MCP) querried Minister of Finance, Economic  Planning and Development Goodall Gondwe on the burden of taking loans from India and other international lending agencies which lack finer details and that the younger generation will be left with the burden of paying back the loans. Lunguzi made query in […]

India loans query: Malawi obsessed with lines of credit that don’t deliver full benefit

Malawi, categorized as a ‘third world’ or ‘developing’ country, largely depends on foreign aid and loans to finance development projects and service delivery. Most of the foreign debt is paid with interest in due years with some obligations and conditions. A Western diplomat in Lilongwe, who preferred anonymity, has confided in Nyasa Times that the […]

Gwanda, Ngongoliwa in India for medical treatment

Vetaran politician Gwanda Chakuamba has been sent to India for media treatment, the government has confirmed. Foreign Affairs minister Francis Katsaira confirmed on Friday that Chakuamba is in India on government sponsorship on unspecified sickness. It is alleged Chakuamba has cancer. The government decision to send him to India comes at a time when it […]

Wanderers to take part in Chief Minister’s Cup in India

Mighty Be Forward Wanderers FC has been invited to India to take part in the Chief Minister’s Cup  international football tournament from June 24 to July 3. Wanderer’s general secretary Mike Butao confirmed about the trip and said they have already informed Super League of Malawi on the trip. Butao said the champion of the […]

Economist wants inquiry on ‘tractorgate’: Malawi obtained K23m India loan for tractors

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 […]

Malawi scores big at India-Africa Forum Summit

President Peter Mutharika’s decision to skip the 3rd India-Africa Forum Summit was a double-edged sword. It came in tandem with government’s austerity policy on one hand while reaping the expected fruits following numerous meetings that the President has had with top India government officials. Mutharika cancelled his trip to India at the eleventh hour due […]

APM says Malawi focus is on investment and trade not donor aid

President Peter Mutharika has said his government’s priority is attracting huge investments and trade as time for donor aid is up. Mutharika said this Monday at Sanjika Palace in Blantyre when minister of Foreign Affairs George Chaponda briefed journalists on his trip to India where he represented Mutharika at India Africa summit. President Mutharika said […]

Chaponda hails India for continued support to Malawi: Addresses India-Africa Forum

Malawi government has said is grateful to the Indian government for the support it provides to this country under the Indian Technical and Economic Cooperation Programme. Under this programme, African countries, including Malawi benefit through capacity building, skills development, and imparting of specialized skills by Indian experts in various fields. Minister of Foreign Affairs and […]

Malawi backs India for UN Security Council seat: Mutharika for reforms

Malawi has backed India’s candidature for a permanent seat in UN Security Council after Malawi President Peter Mutharika added his voice to the calls for reforming and restructuring of the Council in order to resolve conflicts surrounding Middle East and African nations. In his address at the 70th United Nations (UN) general assembly in New […]

Mutharika cancels India-Africa Summit trip: Chaponda to lead Malawi delegation of 10 officials

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 […]

India-Africa summit must have a sharp economic focus

The Third India-Africa Forum Summit, which begins in New Delhi next week, is a big diplomatic event of the year. And looks like it is going to be a mega affair. Here is why: All 54 heads of government, including Malawi President Peter Mutharika,  South African President Jacob Zuma, Nigerian President Muhammadu Buhari and Zimbabwean […]

India-Africa summit: Mutharika to negotiate credit for water supply

Malawi President Peter Mutharika  leaves the country on Sunday for India where he will attend the India-Africa Forum Summit that will take place from October 26-29 in New Delhi, reports said on Thursday. The three days gathering -expected to attract 34 Heads of State and Government from Africa and other continents -provides a platform for […]

Malawi Sugar Factory ready end of October: India for stronger partnership

The sugar factory completion date—projected to be end this month when President Peter Mutharika is also expected to attend the third edition of India-Africa Forum Summit (IAFS) from October 26 to 29—should stand as a microcosm of what Africa and, Malawi in particular, can benefit from a resurgent India through stronger economic and political cooperation. […]

Mutharika commit to secure funds for Blantyre Water Board

President Peter Mutharika on Tuesday paid a surprise visit to the Blantyre Water Board (BWB) to appreciate challenges hampering the utility body to improve the water situation for residents in Blantyre and surrounding areas. Blantyre residents and surrounding communities have endured intermittent water supply as BWB frequently shut down its system to ably complete the […]