Economics Association of Malawi president Henry Kachaje says the economy of the country will be back on track in a few months.
Kachaje, however, said this will happen if the country receives good rains and it will also depend on the country’s economic policy.
”The stabilization of the economy is very important for Malawi and we must believe and pray that we receive good rains and it will also depend on the current economic policy,” said Kachaje.
Government and the International Monetary Fund (IMF) also said they are optimistic that the economy of the country will stabilise.
In a recent survey conducted by the IMF, it was revealed that reducing inflation is the most important policy for Malawi in building the economy of the country.
IMF also said high inflation is disturbing the growth of the country’s Gross Domestic Product (GDP) which averaged at 4 percent between 2012 and 2015 which is below the 7 percent targeted under the Millennium Development Goals.
However, minister of finance Goodall Gondwe says that the economy of the country is on track.
“We are on track though others say we can’t be on track and though our economy is fragile and dependent on agriculture, we will make it,” said Gondwe.
Meanwhile, ministry of finance spokesperson Nations Msowoya said the 2015/16 projection of the economy of the country will depend on agriculture production output.
I met this man Henry Kachaje in South Africa at Northgate mall he denied saying he is not coming from Malawi, kudzikonda but yet he is claiminig to love his country, zina zimanvetsa chisoni
Did you say stabilise???
Did you say stabilise???
Malawian economy will stabilize, yes! but the question is for how long? What Kachaje is saying its obvious coz its a bubble that repeats it self and burst within a short time. Its called “Harvest season bubble”.
But We Are Not Kidz.
Your home economy or what are you insane take alook @ the poverty in the city slams not to mention our villages if you have nothing to say its good to keep quite
Mr Madalitso u are my unique Hero as on ur remarkable coments.
U foresee things as I John looks.
Ofcourse, Malawi’s Econonic Growth to grow needs only three Enterprises.
1. Industrial Revolution
3 Infrascture Revolution.
As of those mentioned above topics, Malawi since her rebirth 5 dacades ago from Britain has not overseen it.
Reliance only on Agricultural Industrial has put Malawi as the Poorrst country in southern AFRICA.
How many Manufacturing industries, Mining companies, has Malawi registered
since 1964 todate?
Soap, cooking oil Malawians relys on from outside support as a #1 human Basic necessities
The answer is only Agricultural industries such as Nchalo, Thyolo/Mulanje, tea estates, Dwangwa, Vizala/Chombe Rubbers Plantations, ChikangawaVPLY Kawalazi and Kavuzi Tea Estate which employ seasonal workers only leaving many Malawians unemployed.
So how could Economic Grow?
How many Graduates has Malawi produced since 1964 todate as front Pioneer of Economic Developers?
Thousands and thusands who immigratete abroad and nebouring countries for greener pastures.
Something somewhere is totally wrong here.
All these are failurers of unallied plans of those called Hungry Leaders.
Malawi’s Economic Growth needs a comprehesive strategic Gear Policy not realiance on Agricultural Enterprises Revenue.
That if doesn’t help we are doomed .
so if theris enadquate rains……unstable??
He is a fucken dick. He call hmself a minister but he cant knw tht Malawi cannot change wth those black leaders. On white man can change tht nation. By the way, hw tht stupid man called minister dont even knws malawi gt no power. I mean electricity to drive economy.
I beg to move
tinatopa ndikunamizidwa ife amalawi si anthu opusa anthu akuvutika zinthu zikukwela siku ndi siku nde mukuti chani
So is that agood news?
Bible limati: Usanyadire zamawa. Achewa amati: fodya wako ndiyemwe ali pamphuno wapachala ndiwa mphepo. Akuluakulu anati: Kuwerengera madzi amphutsi. Ine ndikuti: Your few months represent years
Economy does not stabilise through mouth please.Stop giving people false hopes.We want improvement on the ground not in books and medias.
”Economists shud inspire hop”…that is good mr kachaje…macro finance issies,,economic policies and political will shud follow for us to see the tanjible results…its just sorry that we are here saying that the economy stabilise instead pf sumtin big en better like ”the economy wil grow with such such percentage this year”…poor Malawi…now instead that our pipo shud go farmin they r caught up debatin about the holy earth made dogs..i mean LGTB people…iish…
Some Malawians are still behind something like 1802 and they think you don’t know what you are saying .Negativity is the only blessing they have and with such kind of I will be for Malawi to develop
That ideas u hve mr kachaje z gud ! Also do ur level best may be you hve some streitagges whc can make malawi to back in normal way of economic development ! There z no one who can stop u ! but first u must knw malaw hve too much cash gate the must stop ! Ok all the best
palibe chanzeru ndi chaphindu apa,economy stabilise
Mwaiwelenga kale yobela alimi fodya ,mukufuna kupusisa ndani?iwe galu eeeeti
A Country’s economy depending on th weather. Wake Up Malawians!!!!
Munene kamba ka fodya ali mmundamu. Mwayambapo ndale akulu.?
With this leadership we must forget.
This is another stupit and silly guy he want us to believe his lies, go to hero with ur lies Kachaje.
Malawians always need some 1 to do things for you and yet u nid the nation to develop aaaah it begins with u
Good news since we are consumers and do not like production work but love to receive Aid money to feed our big families economy will collapse and we will collapse too because we do Nothing
Tachokani apa, inu mukumva kukoma ndi mabanja anu ife osaukafe tikusaukilabe. Mukakhutakhutauko mukumabwaza zopusa apa economy will be back, hey economy will be back zazi ndalamazo mukumaba ndinu nomwe nkumatipusitsa ife akanda patuwe. Ife ndi feyo amalawi basi and nothing will not change untill we remove those Nkhalamba m’mipandomo coz kwawo kwatha ndiye chimene amadziwa ndikungoberatu kui ana awo adzawasiile pofewa. Tiyeni amalawi tidzingopemphera kwa Allah yekhayo odziwa kukhonza njira pomwe pali nyanja kuti anthu adutsepo, adzatipatse mtsogoleli wachichepere mwina zinthu zidzasintha. Nanga taonani ife achichepere kamba kosowa zochita tikumathawila maiko azinzathu mkumakagwira ntchito ya kalavula gaga koma ma degree ndi ma deploma ali nthumba ndizoona zimenezo? Kapena Allah adzangoweluza dzikoli basi? Oooh Allah tichitileni chifundo ife ana anu, Ameeena!
fellow malawians,i think its unfair to attack mr Kachanje’s personality ..or his financial status on this issue….what you have to understand is that economics is based on assumption…we assume that if variable A,b is held constant & variable C is temper with then xy will happen…thats economics!!!
stain wa ecoZ
Mr Kachaje is one of the few economists i respect in this country but he seems to be off-track now. I think we already have enough liars and we dont need to bloat the list.
انا عـرفت مين زار بروفايلي اعرف أنـت كمـان مين زار بـروفايلك بالـوقت والتاريخ و معرفة الوقت الذي يدخل و يخرج به اصـدقائك . شاهد الشرح ^_^
تأكد من تعليقات الزوار قبل اى شئ
من هنا ==> http://arnewst.blogspot.com/5 ↓
Thats a lie.last year you said the economy will get stabilize by December 2015 and now you are saying the same,should we trust you??for your own info $1=Mk680~Mk700..i dont think the economy of Malawi can just get stabilize within months perhaps several years
Akungolota ameneyu eti .
Akungolota ameneyu eti .
Everybody must type LEVITIKO 20:13 in support of Ken Msonda on gay
I think Kanjere is a big pussy don’t tell us silly things waikidwa bread mkamwa
It will be your chance to steel
Bad news. Malawi is full of utter idiots l. I think something in our air makes people foolish, thick headed, ancient, and total fuck ups. I hate this country. Ugh
We Are Following You East,west,north And South But If Anything Seems No Done Then U Wil Hear My Tongue..
is that a gud news?
IT WILL NOT HAPPEN ,Malawi is under prophecy, unless the people of Malawi repent, then the economy will start to be in good shape .The suffering of the people is within the prophecy. Malawians should only look at The Lord to build the economy not politicians.
No sense.jst b silent u dnt hv a point u silly
Jst kp on gtng fat mabrz
Thats theory,,,,in Malawi we are practically motivated
ok! just lookng at tobacco gardens & u hv started makng plans on how to stole there money and claim that uhave made achivements?owky chabwnobe
This sounds dramatic and stupid.The whole of u reasuring Malawians about economic boost,only relying on farmers & rainfall?Who doesnt know this?
Anyway,! thanx for the 9c joke Mr kachanje
evn we say this en dat,,mvula siigwa chaka chino kuno kumwera kwa africa,, xo kwa ife amalawi mavuto ngosayamba because we wil have little harvest.
Economy based on rains is 50:50 game.
Kutipusika cha tawatumbuka.
Henry are you mad?
The economy will stabilize on paper n not on the ground.
chitsiru chimenechi poti chadya ndikubiba ndemutinamize
Akut next few months hahahaha koma ndimaona ngat mutiuza kut mawa koma next few month mmmmmh mwina tizingokhala pomwe zizayenderepo tizaona tokha osat kumanena zasogolo apa ..
You people, always harvesting season kwacha will ….. mmmmm shameful to be malawian
It’s sounds more like a drama to me. I’m not an economist, but Henry Kachaje has joined the bandwagon of liars to earn his living. How will Malawi economy stabilize without any strategy from the government to improve the economy? I’m still dumbfounded with the way Malawi is being governed. We will still remain one of the poorest country on earth if these false rhetoric continue being said by poor economists who also just seek their everyday living.
You are saying if we can receive good rains, don’t you think good rains without enough farming resources to the poor farmers who are in large numbers will mean nothing?
kkkk munthu sungamumvetse pa 2 january 2016 goodall gondwe adatero economy ikuyenera kupanga stablise in few month before may 2016 koma anatukanidwa abale koma lero anthu angokomenta zabata ndithu apapa ndaona anthu mumatsutsa kamba koyang’anira nkhope simumayang’ana zintchito zamunthu ngakhale apange chabwino koma ngati mumadana naye mumangotsutsa chomwe chisali chinthu chabwino shame on u
Kkkkkkkk!!!!Kufuna kusangatsa abwana kumtunda???Muyankhula mtima lanu liri ziiiii!
Is this really news? Who doesn’t know that ours is a seasonal economy with lean months and not-so-lean months.? We’re in the lean season now. If it rains and have a good maize and tobacco crop the economy will stabilize somewhat but that doesn’t require rocket science to predict and it’s not anything to celebrate as it may not happen given the other variables. Real change can only come if we devise and aggressively pursue policies that break the seasonal nature of our economy. And that’s a tall order, because it has to do with not only economic policy, which is fairly straight forward , but also the political economy.
That’s a gud news to hear, lets jxt pray 4 more rain. Long live Malawi
inu mukat economy ili bwino mmanena kukamaphweka kusolola…
KUVOMELEZA KUKWATILANA AMUNA AKAZI OKHA OKHA NAKO KUPANGITSA CHUMA KUKHAZIKIKA, MYA MALAWI AMOTO.
U Said Has Or Wil?
Very true the current economic policies are suscipitable to damage economic policies have to be re established but otherwise the countries economic will stabilize
Economic prophet are u waiting for miracle money?
khaya yasintha kaya ata ife kuno kumudzi zimakhala chimozimozi timakhetsabe thukuta kuti tipeze k50 komweka paku mutu kumaphetekanso
eetu tigulise kaye fodya palibe nkhani yina,#apm is another failing presdent in africa!
Akukunyengani ndi chala mene anayambira kunena muja
Let us wait and see
Osamatiuza zokhudza chuma, chifukwa olo chiyende bwino amphawi angolirabe. Pomwe inu mukumangoyika matumba mwanu, ndiye kulibwo mudzidziwa nokha anamageya anyezi,
Malawi’s economy can just change to few individuals not the public.
Za ma guy zo? owowo chabwino.
The economy wl stabilize after Tea sales in Mulanje and Nthyolo cos that’s 2districts that contribute a lot to Malawi GDP
Stupid Fools. To Hell With Ur Oponions. You Mad Dog
Muja mudayambira kunena kuti kwacha will stabilize but still kwacha continue to ………. But when
Too many if if if if
I will wait n c
The best solution let Thomases leave to a Country where money is like mannah none is forced
Better it happen
Those Thomases here what do you do to assist in development of Malawi?Nothing changes in Malawi because you do nothing.
Musaneneretu kuti ” Good news” ngati zinthuzo zachitika kale iyayi….
Aaa kaya mwina
A joke from kids
Why mention God on earthly riches which you earn after your sweat,!
This is a tricky statement just to cool Malawians down with shopping once not done the statement will be I said if we will receive good rain pomwe tikuziwa kale kuti Mvula climate change is here to stay
Mr sir let’s talk about the present what to do not for the future in here my fellow beautiful God’s people finish and kraah
I agree with you Sir, but Malawi economy more likely than not will boom if policies are well implemented. Policies will play a major role in Stabilising the Malawi economy. Lets assume rainfall has been well on the ground, and harvest has been well too. The economy will stabilise but not for long time , so we need policies implemented by fresh minds in the ministry of finance. Goodall Gondwe is one of the person who failed to boom the economy during Late Bingu second term of ruling, and he is getting old, in these offices we now need fresh minds and young people who are creative. In advance wishing you a quick stabilising.
Never ever demonize elders who said brains and experience rust?Ministers do not work alone have technical professional people
I now understand Juliet, but now the world is changing and the chaos u see in the world today is because of old people are still sticking to power and offices instead of handing over to fresh minds.
i beg to differ with Mr. Makumba on prejudicing elder minds.elder minds are better placed as far as hardwork and experience are concerned.today’s young men are bent on making quick monies through dubious means.they are just clueless on how to turn the economy around.fresh minds will take this country nowhere.
point of collection….Goodal was not the minister of finance …he served as the minister of finance in the first term .. in the second term of Bingu …he was removed and was given the ministry of local government …that s the mistake Bingu did …idont think Peter can make the same blunder …
Of course they say an old broom sweeps better than a new one doesn’t know all the corners of the house but then when will these fresh minds be given a chance to govern???…
Akananena kuti the economy will not improve bwenzi mukuti akulondola….. I hate prophets of doom like these!!!! I dint mention any name….
Much as this is good news to us malawians but i am a bit Sceptical because the driving factor is already showing some bad signs. Look at crops in our farms, no proper rains yet. Let us pray hard to God almighty else we’d be in deep mess more than the past year.
Kaya Ku Malawi ndiye chotcho kuyambira kale mavuto osatha mpaka kale Ku mangotiyimba chibade basi Koma ndiye tatopa bwanji
Same song,nothing is new here.We all knows that Malawian economy stabalizes during harvest time,after all its the suffering which follows….
Recieve good rains koma zoona dzuwali simukuliwona mbeu ma boma ambiri zawonongeka monga simukuziwa
Recieve good rains koma zoona dzuwali simukuliwona mbeu ma boma ambiri zawonongeka monga simukuziwa
I hope you Kachaje was saying this to plz some one
Ma gay ndi God xizitolerana.Boma la DPP lapangitsa nthaka ya Malawi kukhala yotembeleredwa shit!
I begg to defer Mr Kachaje, Malawi’s economy can not change over night it need serious industrial revolution inorder to ragester improvement on GDP. Thereby Malawi can indicate that it has improved economically.
Dont think of that too far, thats harzadous for your health, Malawi Economy to boom needs policies, for better English some reforms.
I second that!
Remember that for an economy to bounce at certain times will also depend on external factors and not only economic policies and good rains,which makes it hard be certain as when the economy will likely bounce back.
Good news indeed
Nanunso a bwana mitsonkho mmene ikukwereramu tsiku ndi tsiku pali zabvwino apa nkuza simba lokoma ife pa Malawi pano kaya! econmy yongokomera few indivduals vbasi
On paper but not on the ground we hav heard that a million times go to hell.
every soul is in need of economic stabilasation!people are suffering hugely ,let’s see the change plz
Hiiii…Only God Knows,
Plz let it be so
Ng’oooooo! Mwanamizanapo.it cant stabilise in any wei. Ma gay ake amenewa….ng’ooooooo! Owerenga khala maso, mathero a dziko awa
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