Month: October 2020 Posts

Malawi leader attacks donors over subsidies

Oct 17, 2020 Malawi24 Reporter 0 &

President Lazarus Chakwera has condemned donors for opposing subsidies in Africa when their governments also provide subsidies to their own farmers. He was speaking at Pilimiti Primary School Ground in Zomba during the launch of… ...

World Bank chief agrees with Chakwera on debt relief

Oct 05, 2020 Russell Kondowe 0 &

World Bank President David Malpass has agreed with Malawi President, Lazarus Chakwera, on the need for debt cancellation for developing countries due to the coronavirus pandemic. Malpass said up to 100 million people could be… ...

IMF to give Malawi K76 billion

Oct 03, 2020 Mwayi Mkandawire 0 &

The International Monetary Fund (IMF) has approved a disbursement of US$101.96 million (K76.5 billion) to Malawi to help close the immediate additional external and fiscal financing gaps. This is the second emergency disbursement under the… ...

Regional Integration as a Tool for Wealth Creation in Africa

Aug 21, 2020 Khaled Sherif* 0 &

The COVID-19 pandemic and its health and economic impacts has forced a global rethink of the current multilateral framework and what it means for the future. For Africa, COVID-19 has served as a wake-up call… ...

MK1.5 million/month house in Lilongwe triggers Malawi twitter

Apr 23, 2020 Aubrey Makina 0 &

If your salary is not yet a seven digit, look away. A house in Lilongwe marketed at a monthly rental of 1.5 million Kwacha has raised eyebrows among Malawians. The house, a four bed roomed… ...

Expert calls for measures to protect Malawi’s economy

Mar 27, 2020 Barbara Chimera 0 &

An economic expert says the government should put in place measures that will protect the country’s economy amid the coronavirus pandemic. Speaking to Malawi24, Professor Ben Kalua said Malawi will face very heavy effects in… ...

Coronavirus, 2020 elections affecting Malawi Govt revenue

Mar 25, 2020 Mwayi Mkandawire 0 &

The International Monetary Fund (IMF) says pressures from COVID-19 and political uncertainties ahead of the 2020 presidential elections are affecting government’s revenue. The IMF said this in a statement on Tuesday after a team led… ...