National – Page 218 – Maravi Express – Your Kind of News. Clear and accurate.

JB arrives in UK to represent Chakwera at Queeen Elizabeth II’s funeral on Monday

September 17, 2022

Dr. Bisika welcoming the former President, Dr. Joyce Banda * She will be accompanied by Gospel Kazako, Minister of Information and Digitisation * and Dr. Janet Banda, SC, Deputy Secretary to the President and Cabinet By Duncan Mlanjira High Commissioner to Malawi in the United Kingdom, His Excellency Dr. Thomas Bisika was on call today, September 17, to welcome former President, Dr. Joyce Banda, who is set to represent the country’s President, Lazarus Chakwera at the funeral of Her…

Former Finance Minister Mwanamvekha contends that DPP-led government managed the economy very well

September 16, 2022

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Joseph Mathyola Mwanamvekha * This is on record, and that empirical statistics and evidence is available to confirm this fact * There have been a lot of misreporting and misinformation on current shortages of forex in Malawi * And the Tonse Alliance government has resorted to blaming the DPP-led administration By Duncan Mlanjira As the country’s fierce critics continue to express their dissatisfaction over the mismanagement of Malawi’s economy, former Finance Minister in the Democratic Progress Party (DPP) regime,…

CAMA implores on Chakwera to assemble bright minds, even those he hates, to urgently resolve Malawi’s current economic challenges

September 16, 2022

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* The President has been advised on several occasions that he needs well experienced and knowledgeable team of economic advisers * The current crop of his advisors are doing him a big disservice and this has contributed to his current poor economic and political poor rating * The President continues to make avoidable economic mistakes such as unnecessary over expenditures By Duncan Mlanjira Consumer Association of Malawi (CAMA) contends that the Malawi economy “has shown all elements of a…

RBM invites Malawians in diaspora to a virtual Monetary Policy Conference

September 16, 2022

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* This year’s conference provides the right forum to brainstorm issues with all relevant sectors of the economy * To enhance monetary policy in the current environment — Reserve Bank of Malawi By Duncan Mlanjira Ministry of Foreign Affairs has invited Malawians in diaspora to virtual attend Reserve Bank of Malawi’s annual Monetary Policy Conference scheduled for September 29-30 from 08:00hrs (Malawian time). The conference, whose host will be RBM Governor, Dr. Wilson Banda and Minister of Finance Sosten…

Public applauds pump price decrease for petrol but decries continued scarcity of diesel

September 14, 2022

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Maravi Express With effect from Thursday (September 15) pump price for petrol has reduced to K1,746 per litre from K1,946 — representing a 10.28%. This comes after another reduction that was effected last month from K1,999 to K1,946 per litre. However, the price for diesel is still at K1,920 per litre, as according to a notice from Malawi Energy Regulatory Authority (MERA). Paraffin for industrial use has also been maintained K1,261 per litre while the price for liquefied petroleum…

Malawi Ministry of Finance cannot convince IMF of ability to repay its debt under current economic and governance situation—chief economist Chifipa Mhango

September 14, 2022

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* No matter how brilliant the words are in a speech, IMF looks at your daily actions * The fiscal position and management of the resources before and after becomes imperative By Duncan Mlanjira In offering President Lazarus Chakwera, a 5-straight action plan to win back the confidence of international lenders, such as the International Monetary Fund (IMF), South African-based Malawian chief economist, Chifipa Mhango highlighted several governance and economic environment shortfalls the country is facing. Chifipa said the…

SA-based chief economist Chifipa Mhango offers Chakwera 5-straight action plan to win back confidence of IMF

September 14, 2022

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Chifipa Mhango, very much revered in his host country * Consequences of not having ECF support from IMF for Malawi has serious economic and political stability implications * For it may negatively affect provision of health services, education, as well as overall macro-economic stability among others By Duncan Mlanjira Following the decision by the International Monetary Fund (IMF) to put on hold talks over a new extended credit facility (ECF) with Malawi until a resolution is made on the…

BWB suspends deductions of kiosks’ water tariff arrears as intervention in fight against cholera outbreak in Blantyre

September 13, 2022

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Water kiosk managed by Water Users Association * With effect from Monday, September 12 on the prepaid metering system across all outlets spread out in low-income communities * Of the 19 affected districts, Nkhata Bay has the highest at 617 reported cases with 17 deaths * Followed by Blantyre (546 with 22 deaths) with cumulative cases at 2,577 including 86 deaths since the onset of the outbreak By Duncan Mlanjira As Blantyre City keeps registering rising cases of cholera,…

Government warns against abuse of Statutory Corporations vehicles as it reassigns SC-prefix registration numbers

September 12, 2022

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Most personal-to-holder motor vehicles were not using such plates * The government has since approved the re-assignment of dormant SC prefix numbers to new parastatals * Each parastatal across the sector now has the special SC numbers for identification * This is to ensure that there is no loss of vehicles through irregular deregistration and theft due to the gaps with the current system By Duncan Mlanjira Government has discovered that management of the Statutory Corporations prefer using private…

Malawi hosting 7th annual Competition and Economic Regulation Week

September 11, 2022

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* The week will include three professional training programmes, which will run concurrently from tomorrow to Wednesday * Thereafter a conference from September 15-16 to be opened by Minister of Trade & Industry, Mark Katsonga Phiri * The three targeted professional training programmes will cover key concepts in economic regulation, competition economics * As well as law with illustrations on how the theories and principles are applied By Duncan Mlanjira From tomorrow, September 12-16, Malawi’s Competition and Fair Trading…