Month: December 2016 Posts

AfDB gives Malawi K12bn to fight hunger

Dec 06, 2016 Luke Bisani 87 &

The African Development Bank (AfDB) has given Malawi K12 billion Kwacha to help avert the hunger situation in the country. The donation comes at a time when nearly half of the population is food insecure… ...

World Bank donates K123.7 Billion for drought recovery

Nov 09, 2016 Bright Malenga 92 &

The World Bank has approved $174 million to help millions of Malawians facing food shortages and other drought induced challenges recover and build resilience against future weather related shocks. According to the statement released the… ...

MCP wants Finance Minister Goodall Gondwe to resign

Nov 08, 2016 Archangel Nzangaya 105 &

Opposition Malawi Congress Party (MCP) wants Reserve Bank of Malawi governor Charles Chuka and Finance Minister Goodall Gondwe to step down from their positions saying they are ‘incompetent’. According to the party's spokesperson on financial… ...

IMF blasts Malawi for overspending

Sep 30, 2016 Luke Bisani 53 &

The International Monetary Fund (IMF) has criticised the Malawi government for overspending in different sectors. The development comes at a time when Malawi is reported to be sailing in financial woes following impacts of natural… ...

No money to buy maize – Malawi govt

Sep 23, 2016 Archangel Nzangaya 201 &

The Malawi Government says it does not have money to buy maize soon from abroad or from within the country. Confirming the development to one of the local radio station was minister of finance, economic… ...

More rot in Mutharika’s cabinet: Ministers defies Assets Declaration Act

Sep 03, 2016 Luke Bisani 0 &

Despite Malawi endorsing the Declaration of Assets Act following reports of plundering government resources, President Peter Mutharika's ministers are reported to have defied the act by not declaring their assets to the office of the… ...

World Bank pumps K37 BN into Malawi

Aug 10, 2016 Bright Malenga 84 &

The World Bank has pledged to support three projects in the Malawian health and education sectors to the tune of K37 billion. On Monday, Malawi government and the World Bank signed a financing agreement for… ...