MCP Government facing fiscal consolidation challenges in managing the Malawi economy—AFORD’s national director for economic affairs Chifipa Mhango

RBM, the government banker and advisor * With the growing need for foreign currency, and the country reaching stressful levels of import cover of 15 days or 0.5 months * The only option on the table under the prevailing tough economic environment would be further devaluation of the Malawi Kwacha soon By Duncan Mlanjira Alliance for Democracy (AFORD) national director for economic affairs, Chifipa Mhango, who is Chief Economist for Don Consultancy Group (DCG), maintains that the Malawi Congress…

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SVTP invests a vehicle at Nsanje District Council to help in implementation of land registration for farming cooperatives

* Apart from the construction of the massive irrigation canal, the STVP aligns with several government stakeholders * It reaches out to the beneficiaries, small and medium farmers, who have been trained on good agricultural practices * Helped then establish agricultural business cooperatives as well as to adjudicate on land boundaries By Robert Nayeja, MANA Shire Valley Transformation Programme (SVTP) yesterday handed over a brand new Toyota Land Cruiser vehicle to the department of lands at Nsanje District Council…

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Agriculture Minister Kawale urges research stations to play a critical part in developing new agricultural technologies

* Government will continue to work with development partners to invest much on research in line with Malawi’s aspiration of sustainable food sufficient * Kawale also called on other research stations to also concentrate on researching alternative fertilizers * So that Malawi should shift from high dependence on chemical to organic fertilizers By Evance Chisiano, MANA Minister of Agriculture, Sam Kawale emphasises the critical role agricultural research stations must play in developing new agricultural technologies, saying these innovations should…

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AACC’s Economic Justice & Accountability Ambassador Rev. Maulidi encourages more corruption whistleblowing and should be protected

Whistleblower Kamangila at the centre of it all * Emphasises that the whistleblowing should be based on goodwill and not due to ill motives * Every member of the society should be a watchdog on each other by reporting to authorities * Through the Anti-Corruption Bureau, the Malawi Police Service and other law enforcement authorities they suspect something which is of corruption in nature By Duncan Mlanjira If the fight against corruption is to be achieved, All-African Conference of…

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Former Malawian football player Hannock Ng’oma working for US’ third largest bank, Wells Fargo

* Hannock Ng’oma first made his name playing for University of Malawi Football Club (UFC) in early 1990s * Alongside Standard Bank’s Chief Executive, Phillip Madinga and former FAM president, Walter Nyamilandu * After a few years of actively playing football, the three moved on to pursue various career paths * That saw Ng’oma joining the financial service industry in 1998 through a subsidiary of Commercial Bank of Malawi (CBM) By Duncan Mlanjira Malawian banker based in the United…

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Ecobank Day 2024 celebration invests MK35.5m-worth of high-tech ICT equipment to Madziabango Primary School through government-led BEFIT programme

* 107 computer tablets with headphones, a 7.5Kwh solar power installation, a WiFi router, and other ICT accesories * As well as 40 desks as part of refurbishing painting of a school block as a computer lab * Equipping Malawi’s children with foundational literacy, numeracy, and digital skills is critical to their future success Maravi Express Ecobank Malawi, an affiliate of the Ecobank Group, the leading pan-African financial service institution, has partnered with a government owned and led ‘Building…

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SPARC Systems committed to IT excellency, community development in Africa

SPARC’s Country Manager, Esnor Wasd * SPARC Systems is a multinational technology company providing IT solutions across Africa * Established in 2013, and proudly Malawian-owned, we operate in Malawi, Zambia and Rwanda — employing over 1,000 people locally and globally By Rosalia Kapiri, MANA SPARC Systems Limited has reaffirmed its commitment to delivering exceptional information technology (IT) services, ensuring system security and maintaining operational continuity for its customers. SPARC country manager, Esnor Wasd made the remarks yesterday during an…

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Continued rise in inflation rate in Malawi’s economy suggests a national economic crisis—AFORD’s national director of economic affairs

* The annual inflation rate hit 34.3% in September 2024, up from 33.9% in August 2024 * With food inflation rate, which has a negative impact on the poor masses of Malawi, rocketing to 43.5% from 42% in August 2024 * Non-food inflation rate was marginal down by 0.9% to 21.8% during the same * The role of the RBM as a custodian of monetary policy in maintaining price stability has totally been exhausted under the current economic conditions…

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‘We need to stop hiding behind natural disasters and CoVID-19’—CONGOMA

* Other countries experience natural disasters every year but their economy is not going down * With only six years left to achieve the MW2063 national vision, there was the need to act with urgency and renewed determination * 51.5% of Malawians are still living in poverty, with 20.5% living in extreme poverty * We are concerned with the rate at which we are implementing our development goals * As both President Lazarus Chakwera and Minister Jean Sendeza reiterated…

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President Chakwera applauds NGOs, all stakeholders who continue to support Malawi’s vision for a better country

* Your dedication to service and partnership is invaluable to the achievement of the MW2063 national development agenda * Together, we will build a stronger, more prosperous Malawi, leaving no one behind * Without partnerships and enhanced capacity among all actors including NGOs, progress shall be slow against our wishes By Duncan Mlanjira At the commemoration of the non-governmental organisation day (NGO) Day at Sanjika Palace in Blantyre on Wednesday, President Lazarus Chakwera applauded the NGOs and all other…

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