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

* 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…

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

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…

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Volunteer scouts for Michiru Mountain Nature Sanctuary gradually helping towards restoration of the last indigenous forest in Blantyre

* Active patrols reduced number of forest products poachers from 1,000+ to controllable levels * Destroyed over 300 charcoal producing kilns; arrested over 98 poachers, 54 of which were successfully prosecuted * Scouts need support from public for protective hiking gear such as shoes, uniform as well as refreshments and water * Together, we need to save the future of Michiru Forest for it remain a sanctuary and natural reserve for all—CEPA Analysis by Duncan Mlanjira A mission of…

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

* 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…

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

* 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…

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Chinese-owned company ordered to shut down operations in violation of thin plastics ban

* MEPA was on an inspection exercise on several plastic manufacturing companies in Lilongwe * While some manufacturers were found compliant, others were flagged for irregularities * MEPA has issued stop orders to the non-compliant companies, warning that production must remain halted until all standards are met By Donald Zimba, MANA Malawi Environment Protection Authority (MEPA), which has intensified its enforcement of the ban on thin plastics, found a Chinese-owned company, Qing Dao Industries in violation of the ban…

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Where did Malawi lose it in as far as development is concerned?

* “Multiparty — people chose freedom of kutukwana over development” * “Until plunderers came, democracy robbed us of all the good things we had” * “Democracy is not bad but when it’s been managed wrongly, it’s dispensation doesn’t bring its enterprising results” By Duncan Mlanjira “There was a time when Malawi stood tall — a nation of order, discipline, and pride,” writes marketer Emmanuel Maliro on his Facebook page. “We walked with confidence, knowing that systems worked, justice was…

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‘IMF, World Bank technical assistance and financial aid have not resulted in successful economic transformation for Malawi’

* Instead, this assistance has merely kept our economy in a state of near-collapse, fostering dependency rather than sustainable growth * There is need to do more as a country by not relying solely on advice or policies from IMF or the World Bank By Duncan Mlanjira Concerned Malawian economist, Thomas Ngoma observes that over the years, Malawi government administrations have relied on monetary policy advice from the International Monetary Fund (IMF) and the World Bank — but the…

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‘Unscrupulous business people creating artificial scarcity of forex for their own greed to sell at crazy rates’

* As concerned citizen Chepetsani Kazembe supports reports of RBM’s plans to crack down on those hoarding forex * If we are serious about fixing our economy, there should be no exceptions — we need to investigate even politicians and those in high places By Duncan Mlanjira Blantyre-based concerned citizen, Chepetsani Kazembe, strongly supports reports that the Reserve Bank of Malawi (RBM) plans to crack down on traders and individuals who are suspected to be hoarding forex in their…

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Malawi’s inflation rate threatens RBM’s monetary policy direction as it rises to a 3-month high in January 2025–Chief Economist Chifipa Mhango

The Reserve Bank of Malawi * Consumer price inflation rate rose to 28.5% year-on-year in January 2025, up from 28.1% in December — marking the highest rate in three months * According to National Statistics Office (NSO), the increase was primarily driven by rising food costs at 36.0%, a surge of 0.4% from the previous month * Which was attributed to increase in maize and its products, such as maize flour, alongside rice, bread, cooking oil, tomatoes, and other…

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