Two legal teams that represented President Lazarus Chakwera and Vice-President Saulos Chilima in the May 21 2019 presidential election nullification petition have been paid the legal fees by government after the courts ordered they be paid costs in billions; Treasury has confirmed. Chakwera had eight lawyers while Chilima had four, and the 12 initially claimed […]
Government has finally cleaned the pensioners wage bill, deleting 950 pensioners in the process. This follows the completion of a headcount exercise. The Accountant General’s office conducted the exercise to ensure that the government is not wasting resources on ghost workers and false pension beneficiaries. Earlier, the Treasury disclosed that billions of kwacha have over […]
Malawi Electoral Commission (MEC) says it seeks a K5 billion bail-out from Treasury to pay lawyers for President Lazarus Chakwera and vice president Saulos Chilima who presided over the landmark Constitutional Court election case. Lawyer for MEC David Matamika Banda says the pollster does not have such a huge sum of money to pay the […]
Ministry of Finance has intensified training of trainers (ToT) in International Public Sector Accounting Standards (IPSAS) as the government moves towards implementating the system at local and the national levels. In 2011, the Government of Malawi adopted the cash basis IPSAS of reporting in 2011 to enhance and improve service delivery in the public accounting […]
Treasury says it is now ready with the K700 million the Malawi Electoral Commission (MEC) needs to hold five parliamentary by-elections in the country, days after the pollster sounded an SOS. Treasury spokesperson Williams Banda said the money will be given to MEC by Tuesday next week. “There was indeed delay in releasing the money […]
Finance Minister Felix Mlusu says the Tonse Alliance administration has resolved to consolidate multiple bank accounts operated by their ministries, departments and agencies and keep their revenues in Treasury Single Account each as part of efforts to curb abuse of public funds. Delivering a budget statement for 2020/21 in Parliament on Friday, the Treasury Czar said government […]
Treasury spokesperson Williams Banda has confirmed that said 23 computers have been stolen from Central Internal Audit Unit (CIAU) offices in Lilongwe, which falls under the ministry of finance, but allayed fears that hat crucial information may have been stolen. A gang of thieves Thursday night broke into the unit in Lilongwe where they went […]
Newly appointed Finance Minister Felix Mlusu has disclosed that he will accommodate advices from former Treasury chiefs in a bid to improve the welfare of Malawians. Mlusu, a former insurance company director, was named Malawi’s new finance minister on Monday, a day after President Lazarus Chakwera was sworn in following last week’s re-run election in […]
Malawi Electoral Commission (MEC) has confirmed that government is yet to honour the remaining K10 billion meant for the management of these fresh presidential polls. Parliament allocated K29 billion for the fresh presidential polls but treasury had only managed to disburse about K20 billion. Responding to queries from the journalists in Blantyre Wednesday morning, MEC […]
We are worried with news that, barely 5 days to June 23 court-sanctioned fresh presidential polls, Malawi Electoral Commission (MEC) appear to be in discomfort, visibly trapped in financial distress. We have learnt from MEC Chairperson Justice Chifundo Kachale, saying the commission is facing serious financial challenges because government has not disbursed adequate funds for […]
A renowned Malawi governance commentator Makhumbo Munthali has warned that government has no excuse not to fund K8.7 billion election budget deficit, arguing that matters of elections must be a priority to any State. During a media briefing held on 13th June 2020 in Lilongwe the newly sworn-in Chairperson of the Malawi Electoral Commission (MEC) […]
The convicted principal secretary (PS) to Treasury, Cliff Chiunda, risks another contempt of court is he fails to facilitate payments to suppliers after a High Court decree. Chiunda was slapped with a 24-months suspended sentence by the High Court on March 6 for contempt of court. He was found guilty of defying an order by […]
Government has appointed Williams Banda – known for his role as Super League of Malawi (Sulom) general secretary – as spokesperson for the Ministry of Finance, Economic Planning and Development. Banda has replaced Davies Sado who has left the post after being promoted at the Treasury. Sado, a former Lilongwe District Commissioner who once worked […]
Over 200 civil servants in the country’s various diplomat missions abroad are surviving without their December salary or allowance. Treasury spokesperson Davis Sado has confirmed 228 diplomats are yet to get their salary for December after the department of Human Resources blocked it. “They were told in October to send their national ID numbers but […]
An announcement by Treasury that it has introduced a new system to control spending of public funds among government ministries, departments and agencies (MDAs) against a background of widespread cases of fraud, abuse and over expenditure has dominated the leading daily newspaper on Wednesday. ‘Treasury moves to control spending’ reads the headline in The Nation […]