Business – Page 62 – Maravi Express – Your Kind of News. Clear and accurate.

AFORD’s draft Manifesto has been leaked and suspected to be advanced by another undisclosed Party

March 3, 2025

* The unnamed Party is presenting the ideas in the AFORD Manifesto as their own in official documents * This act of intellectual theft is unacceptable and undermines the integrity of the democratic process * Despite this unfortunate incident, AFORD remains committed to implementing its proposed policies, leveraging its expertise to drive meaningful change in Malawi By Duncan Mlanjira Alliance for Democracy (AFORD) has been forced to release is Manifesto it has comprehensively crafted after its draft document has…

Water & Sanitation Minister Abida Mia applauds SRWB’s plans to replenish Zomba Mountain forest reserve with 150,000 trees

March 2, 2025

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* Few weeks ago, I came here to see the status of the dam. It was so disheartening to see the low water level in the dam * Although water level has now improved but we need more trees so that the dam should have water all year round * 98% of trees which were planted around the dam and other parts of the plateau survived due monitoring tree seedlings growth * We dont just plant and abandon the…

AGCOM phase-2 to expand climate smart irrigation to ensure all-year farming for 100,000 farmers

February 27, 2025

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* As Government, World Bank signs US$45 million AGCOM phase-2 program in Lilongwe yesterday * The grant is sourced from a multi-donor trust fund through Norway, Ireland, the European Union, and the Government of Flander By Patience Longwe, MANA The World Bank and the Malawi Government have signed a US$45 million (MK80 billion) grant agreement for the implementation of Phase 2 of the Malawi Food Systems Resilience Program under the Agricultural Commercialisation (AGCOM) programme. The grant, sourced from a…

Deputy Minister of Transport Peter Dimba promoted to Minister of Labour; replacing Mumba

February 27, 2025

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Dimba soon after being sworn in as Deputy Minister of Transport & Public Works last month of January * As Baba Steve Malondera replaces Dimba as Deputy Minister of Transport & Public Works * A mini Cabinet reshuffle that has been effected following the firing of Sosten Gwengwe as Trade & Industry Minister, replaced by Mumba * Meanwhile, President Chakwera arrives in Blantyre to engage youths on his recent State of the Nation Address (SONA) By Duncan Mlanjira In…

Chakwera fires Gwengwe as Minister of Trade & Industry; replaced with Labour Minister Vitumbiko Mumba

February 26, 2025

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* This seems to be part of the President’s response to the economic crisis, that came to the fore yesterday * When a mammoth of kaunjika vendors stormed Parliament in protest to the acceleration of prices of second hand clothes * I did so to the best of my capability and due diligence. This far, I wish my brother, Hon. Vitumbiko Mumba all the best—Gwengwe By Duncan Mlanjira During his appearance in Parliament where was responding to questions on…

Malawi at a crossroad; The cry of a nation amidst an economic crisis

February 26, 2025

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* Where will the government source the US dollars for second-hand clothes traders, given the current forex shortage? * How does this plan align with the Reserve Bank’s statement that Malawi has insufficient foreign currency reserves? * Why prioritise second-hand clothes traders over essential sectors like agriculture and manufacturing that could create jobs and boost the economy? Analysis by Chepetsani Kazembe The streets of Malawi have once again echoed with the voices of frustration as vendors from Lilongwe, driven…

“Malawi in crisis; government has failed to manage the economy”

February 25, 2025

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AACC Economic Justice & Accountability Champion in Malawi, Rev. Baxton Maulidi * The plan by the government to revoke licences of second hand clothes wholesale traders following their increase of prices is being reactive to the problems * It is like shooting itself on the foot because the beneficiary are not only the Asians of Malawian origin but the vendors themselves as end-traders of kaunjika By Duncan Mlanjira All Africa Conference of Churches (AACC) Economic Justice & Accountability Champion…

Public waiting to see if High Court’s order stopping CFTC not to force Bakers Pride and Kingmeal from increasing prices of bread will effectively applying on other companies also slapped with interim orders

February 25, 2025

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* Consumers side with companies’ decisions to raise prices of their products as the goverment is failing to control high prices of raw materials * If they want they should subsidise the price of bread because the Minister of Trade said the government has found a strategy to stop the price hikes By Duncan Mlanjira The public waiting to see if the ruling by the High Court in Blantyre — overturning an interim order obtained by the Competition &…

Chakwera calls for collaborative efforts for farmers to have access to loans to boost agricultural production

February 23, 2025

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* It is possible for Malawi to be a hunger free nation only if the private and public sectors work together * As he visits his 1,000-hectare Lombwa Farm in Mchinji out of which 400 hectares has cultivated maize By Sheminah Nkhoma, MANA President Lazarus Chakwera has emphasised on the need for more financial investment in the agriculture sector to address issues of persistent food shortages in the country. He said this when he visited his 1,000-hectare Lombwa Farm…

‘Malawi should expect greater benefits from the government-to-government fuel arrangement’

February 23, 2025

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* The G-to-G fuel arrangement is expected to help Malawi save foreign exchange currently spent on importing fuel and fertilizers * Malawi has been spending about MK1 trillion on fuel and fertilizers alone Maravi Express Minister of Trade & Industry, Sosten Gwengwe says Malawians should expect greater benefits from the government-to-government (G-to-G) fuel arrangement and investments between Malawi and the United Arab Emirates (UAE). He made these remarks on Thursday during a meeting with the UAE delegation at the…