economy Archives

Malawi Government fails to pay water bills at Zomba Central Hospital

Nov 22, 2015 Grecium Gama 137 &

As public hospitals in Malawi continue to dance to undying economic woes the country is sailing through, fresh reports show that the Southern Region Water Board has disconnected water at Zomba Central Hospital due to… ...

Fraud: Rumphi council uses CDF to settle loans

Nov 21, 2015 Thula Chisamba 10 &

At a time when district councils in the Malawi continue to get underfunded, reports indicate that Rumphi district council has used constituency development funds (CDF) amounting to about 4.2 million Kwacha to pay for a… ...

Malawi government can’t do without donors!

Nov 19, 2015 Happy Arnold Soko 72 &

Malawi government is expected to collapse once it finishes using the foreign exchange it had stored in its reserve if donors fail to resume with aid by end of this year. In June this year,… ...

Malawi government to trim down budgets for district councils

Nov 15, 2015 Thula Chisamba 25 &

As Malawi continues to swim through hot waters due to economic woes, this publication can reveal that government has plans to trim down funds it apportions to district councils across the country. A Source within… ...

‘Malawi can’t survive without donor aid’

Nov 13, 2015 Victoria Milanzi 109 &

As the country is currently running without budgetary support, a political commentator in the country has asked government to bow down to the demands of donors saying the country will not survive without donor aid.… ...

Malawi Kwacha depreciation puzzles Mutharika

Nov 13, 2015 Kondwani Mkhalipi-Manyungwa 115 &

…Kwacha depreciation rate hits 25% record Malawi President Peter Mutharika has echoed remarks made by Leader of Opposition Lazarus Chakwera who said the President does not know how to save the country's economy from further meltdown.… ...

Malawi to have largest rice factory in Southern Africa

Nov 11, 2015 Luke Bisani 62 &

Malawi is set to have the largest rice factory in southern Africa country in Nkhotakota district as one way of increasing exports from this country. The multimillion rice factory at Mpamatha in Nkhotakota will ready… ...