BLANTYRE (The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) on Monday welcomed the about 50 percent devaluation of the kwacha against the dollar, arguing the move was long overdue and will help improve forex availability in the country. The Reserve Bank of Malawi (RBM) yesterday scrapped the Malawi Kwacha’s peg to the dollar, [...]
BLANTYRE (AFP)— An IMF mission hopes to recommend new loan programmes for Malawi following a visit next week, an official said Wednesday, after the country devalued its currency to boost the economy. The mission had been in “regular contact” with Malawian authorities and would get donors to contribute funds for political reforms, IMF representative Ruby [...]
By Raphael Tenthani LILONGWE (IOL)-There was a high stakes power play hours after former Malawi president Bingu wa Mutharika suffered cardiac arrest and died on April 5 in Lilongwe. His unexpected death threw his governing Democratic Progressive Party (DPP) into a panic because the constitution says if there is a vacancy in the office of [...]
LILONGWE (Times)-The National Assembly has asked Malawians to submit their views on the bill that will pave the way for the holding of presidential, parliamentary and local government elections in 2014. Bill number 4 of 2012 that was presented in parliament was referred to the Legal Affairs Committee for further scrutiny. Chairperson of the Committee [...]
LILONGWE (Malawi Democrat) – Hundreds queued along the Area 18 road in the capital city Lilongwe where they cheered and jeered at late president Bingu wa Mutharika’s body which was being taken to New State House to lie in state. From the Kamuzu Internal Airport, huge crowds gathered at Malawi Institute of Management junction, Kanengo [...]
LILONGWE – The remains of the late Malawian president Bingu wa Mutharika (born Ryson Webster Thom) has arrived in the capital city Lilongwe. His body was flown in from the Waterkloof Air Force Base in a South Africa National Defence Force (SANDF) plane. The 78-year-old economist-turned politician was flown to South Africa after suffering a [...]
LILONGWE (Times)- State-owned Malawi Broadcasting Corporation should be a media house that should provide accurate information to the citizenry and offers a platform for diverse opinions on issues of national and public interest, President Joyce Banda has said. She gave this guidance to the state broadcaster through new Information Minister Moses Kunkuyu during his swearing [...]
LILONGWE (Malawi Democrat)- Forty-six -year-old Khumbo Kachali (KK) on Friday took oath as the country’s fourth Vice President to complete the peaceful power transition in Malawi. Kachali, in a swearing in ceremony at Nthuthama State lodge in Lilongwe, told a cheering crowd of People’s Party supporters, diplomats, ministers and the President herself that the country [...]
LILONGWE (Times)-A report on political finance regulation has seen Malawi scoring the lowest grade in accounting for and transparency about the source of funds used to run political parties. The Global Integrity report released Friday reveals that regardless of how weak or sophisticated their political financing regulations are, countries around the world are equally failing [...]
LILONGWE (Nation)-Foreign Affairs and International Cooperation Minister Professor Peter Mutharika on Wednesday said Malawi cannot do without aid. Mutharika said this in Malawi’s capital, Lilongwe, after meeting an International Monetary Fund (IMF) team that is in the country for talks with local authorities. “Malawi will continue to need some support until such a time [when] [...]
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