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CCAP Blantyre Synod’s Church & Society desk asks MPs to rise above partisan politics in the current mid-year budget review meeting

November 20, 2023

| Business, National, News, Politics, Religion

The august House currently sitting in Lilongwe * And objectively deliberate as presented today by the Minister of Finance and Economic Planning, Simplex Chithyola Banda * MPs are very much concerned with pleasing their political party masters at the expense of poor Malawians * Events of last week have revealed the deep-rooted divisions between the two sides of the house and within the opposition By Duncan Mlanjira The Blantyre Synod of the Church of Central Africa Presbyterian (CCAP), through…

IMF’s ECF unlocks US$240 million more

November 20, 2023

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| Business, National, News

Finance Minister in Parliament today * The 2023/24 revised national budget has oozed more optimism and hope following various measures that Government has put in place * To cushion Malawians on the shocks of the recent devaluation of the Kwacha By Laison Kamkole In his presentation in Parliament of the 2023/24 revised national budget Minister of Finance Simplex Chinthyola Banda said the International Monetary Fund (IMF) approval of the extended credit facility (ECF) for Malawi will unlock more than…

Finance Minister Chithyola Banda revises budget to MK4.33 trillion; Focuses on economic recovery

November 20, 2023

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| Business, National, News

* The mid-year review indicates a positive revision in total revenues and grants, increasing from MK2.55 trillion to MK3.05 trillion * Simultaneously, total expenditure saw an upward adjustment from MK3.79 trillion to MK4.33 trillion By Laison Kamkole In a comprehensive presentation today in Parliament, Minister of Finance & Economic Affairs, Simplex Chithyola Banda outlined the 2023-24 mid-year revised budget framework, revealing significant adjustments to both revenues and expenditures. The Minister made the presentation under the title ‘Time for Reflection…

Information Minister Kunkuyu commends Huawei for bridging digital divide

November 20, 2023

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| Business, Education, National, News

* At the opening ceremony of the 7th edition of Seeds for the Future program * Which is Huawei’s flagship global corporate social responsibility initiative that was launched in 2008 Maravi Express Minister of Information & Digitalization, Moses Kunkuyu has commended Huawei Technologies Malawi for its continued efforts to propel digital knowledge and digital economy that are key enablers of MW2063 national vision. The Minister was speaking during the opening ceremony of the 7th edition of Seeds for the…

Chakwera insists on shared prosperity for the Global South

November 20, 2023

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| Business, International, National, News

* During the 2nd Voice of the Global South Summit, hosted virtually by Prime Minister Narendra Modi of India * Which is aimed at fostering collaboration and dialogue among countries of the Global South * Seeking common ground on issues ranging from economic equity to climate change By Laison Kamkole Malawi President Lazarus McCarthy Chakwera has underscored the imperative of unity among developing nations to address historical disparities and reshape the global economic landscape. He said this during the…

President Chakwera renews commitment to end child marriages by 2030

November 20, 2023

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| Law Enforcement, National, News

* After hosting a delegation from US-based Clooney Foundation for Justice at Kamuzu Palace * Two months after meeting with its founder, Amal Clooney on the sidelines of the United Nations General Assembly in New York in September By Laison Kamkole President Lazarus Chakwera has expressed gratitude for the international support Malawi has received regarding gender justice, saying his administration’s goal is to end the practice of child marriages by 2030. The President made the remarks when he hosted…

Construction of Mangochi-Makanjira Road excites Mangochi chiefs

November 20, 2023

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| Agriculture, Business, National, News

Chakwera sampled the state of the road last month * We are happy that our request for the road, which has been overdue, is now being fulfilled—Senior Chief Chowe * The road condition has been a serious concern among the residents of Mangochi, particularly people along the road as well as road users * The road will facilitate inter and intra trade activities—President Chakwera By Bishop Witmos & Maston Kaiya, MANA Chiefs in Mangochi have expressed optimism of an…

Chakwera hails AGCOM project

November 20, 2023

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| Agriculture, Business, National, News

The President and the First Lady appreciating coffee that has been value added * The K300 billion (US$285 million) World Bank facility is adjusted from US$95 million of the first phase * Will give over one million smallholder farmers a huge boost for them to simultaneously improve livelihoods * Build lasting synergies and enter into new export frontiers within the Africa Continental Free Trade Area and other global markets By James Mwale, MANA President Lazarus Chakwera has hailed the…

One notable outcome of IMF Program is the unlocking of foreign investments

November 20, 2023

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| Agriculture, Business, National, News

Chakwera won the confidence of the IMF * The ECF arrangement is also expected to catalyze grant financing and capital inflows including foreign direct investment and trade credit * This would pave the way for increased foreign direct investments, fostering productivity and economic stability Analysis by Laison Kamkole One of the substantial benefits of Malawi’s qualification for the extended credit facility (ECF) programme from the International Monetary Fund (IMF), is the unlocking of foreign investments, with several development partners…

KUHeS pleads for support towards its Research Dissemination Conference on November 30

November 17, 2023

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| Health, National, News

* The recent devaluation of Malawi kwacha has affected KUHeS’ initial budget that was put at K130 million * The is a gap because the earlier budget will not be enough to cater for everything as planned. By Victor Singano Jr The 2nd premier conference, Research Dissemination Conference — organised by Kamuzu University of Health Sciences (KUHeS) — is set for November 30 to December 1 that is expected to gather both local and international research scientists, public health…