Lilongwe City Council have received funding of K1.8 billion towards various roads projects within the capital city. Some of the roads which will be upgraded to tarmac roads include 2Km Chipasula Area 23 road, 2Km NCIC to Ngwenya road, 2KM Chilinde Parish to Kawale road and 3Km Falls to Area 36 road. However, the council […]
Member of Parliament for Lilongwe City South West Rhino Chiphiko has expressed disappointment over poor implementation of Constituency Development Fund (CDF) projects in his constituency. Speaking after assessing some projects at Nanjati, Kawale, Ngwenya, Sesa and Area 2, he said, he is not satisfied on the way the projects are being implemented by the City Council and the contractors who […]
The Budget and Finance Committee of Parliament has recommended that government should force Mulli Brothers conglomerate and others who owe wholly-state owned Malawi Savings Bank “toxic” loans to pay back and ensure they recapitalise MSB to enable it meet regulatory requirements on capital and liquidity that authorities once put at around K23 billion (US$5.1 million). […]
Chairperson of the Budget Committee of Parliament, Ron Chiphiko has argued that Malawi economy is ailing and not on recovery, backing accusations made by leader of opposition Lazarus Chakwera against the Peter Mutharika government over “deception” on economy, that the Kwacha currency appreciation is being manipulated. Chiphiko told parliament his Committee is of the view that […]