economy Archives

Mutharika tells Chakwera to resign

Sep 13, 2022 Archangel Nzangaya 1 &

Malawi's former President Peter Mutharika says Tonse administration has failed Malawians hence President Lazarus Chakwera should resign immediately. Mutharika, who is also leader of the opposition Democratic Progressive Party (DPP), was speaking this on Tuesday,… ...

IMF dumps Malawi

Sep 13, 2022 Malawi24 Reporter 0 &

International Monetary Fund (IMF) managing director Kristalina Georgieva says debt unsustainability makes the IMF's entry into Malawi more difficult. The IMF has since halted talks with Malawi on the new Extended Credit Facility (ECF) over… ...

Malawi Economy: Chakwera told to find lasting solutions

Sep 09, 2022 Martha Chikoti 1 &

Consumer Association of Malawi (CAMA) has asked President Lazarus Chakwera to take up his responsibilities and come up with lasting solutions to the current state of Malawi’s economy. In a statement yesterday, Executive Director for… ...

CDEDI gives Chakwera 14 days to address economic challenges in the country

Sep 08, 2022 Martha Chikoti 0 &

Centre for Democracy and Economic Development Initiatives (CDEDI) has given President Lazarus Chakwera 14 days to address the economic crisis that the country is passing through which includes uncertain future of Affordable Inputs Program (AIP)… ...

Only those with permits can buy fuel in containers – MERA

Sep 06, 2022 Russell Kondowe 2 &

Malawi Energy Regulatory Authority (MERA) has told filling stations that the sale of fuel to customers with jerrycans is prohibited and is only allowed for customers with fuel bulk purchase permit. The regulatory body has… ...

Liz Truss chosen as UK Prime Minister

Sep 05, 2022 Malawi24 Reporter 0 &

Foreign Minister Liz Truss, aged 47, is Britain's new Prime Minister following her victory in the Conservative Party leadership race. Truss, who is the current foreign minister, defeated former finance minister Rishi Sunak in a… ...

Zambia arrives in Canaan: Its Kwacha gains against dollar

Sep 01, 2022 Malawi24 Reporter 0 &

Zambian President Hakainde Hichilema who was elected a year ago has already taken Zambians to Canaan as the economy has rebounded, with the Kwacha gaining strength and fuel prices falling. The Zambian Kwacha was the… ...