Simplex Chithyola Banda Archives

We will carefully implement expenditure control measures, says Chithyola

Dec 02, 2023 Malawi News Agency (MANA) 0 &

Minister of Finance and Economic Affairs, Simplex Chithyola Banda says the government will carefully implement expenditure control measures to avoid compromising social service delivery and prevent creation of arrears. The minister was speaking in Parliament… ...

Malawi’s diaspora remittances drop in 2023

Dec 01, 2023 Malawi24 Reporter 0 &

Remittances to Malawi from people in the diaspora have dropped from US$300 million (about K510 million) in 2021 to US$115 million (about K200 million) in the first nine months of 2023. This is the money… ...

Malawi Minister of Finance SiImplex Chithyola Banda

Minister of Finance hails African Development Bank for continued support to Malawi

Nov 23, 2023 Chikondi Daza 0 &

The Malawi Government through the Minister of Finance has hailed the African Development Bank (AfDB) for its continued support to Malawi as the country seeks to recover from economic hardships. Minister responsible, Simplex Chithyola-Banda said… ...

Minister of Finance Simplex Chithyola Banda

Chakwera’s austerity measures to save K4.2 billion

Nov 21, 2023 Archangel Nzangaya 0 &

Minister of Finance Simplex Chinthyola Banda has indicated that the austerity measures recently announced by President Lazarus McCarthy Chakwera are expected to save almost MK4.2 billion during the implementation of the national budget. The Minister… ...

Government increases civil servants’ salaries by 10 percent

Nov 20, 2023 Mike Kalumbi 0 &

Following the devaluation of Kwacha by 44 percent, Government of Malawi has increased wages and salaries for civil servants by 10 percent. Minister of Finance Chithyola Banda announced this today in Parliament during the Mid-year… ...

2023/24 Malawi budget rises to K4.3 trillion

Nov 20, 2023 Martha Chikoti 0 &

Minister of Finance Simplex Chithyola Banda says the 2023/24 has been revised upwards from MK3.79 trillion to MK4.33 trillion. Chithyola presented the 2023-2024 Mid-year budget titled “Time for reflection to Recover, Develop and Protect our… ...

Suleman told to bring evidence after accusing Malawi Finance Minister of abusing Global Fund grant

Nov 14, 2023 Malawi24 Reporter 0 &

Member of Parliament for Blantyre City South East, Sameer Suleman, has been ordered to present evidence to Parliament following his claims that Minister of Finance Simplex Chithyola Banda mismanaged funds received from Global Fund. The… ...

Musazinyenge, Kwacha ilibe mphamvu olo pang’ono – nduna ya zachuma

Nov 13, 2023 Mwayi Mkandawire 0 &

Nduna yowona za chuma a Simplex Chithyola Banda yati anthu ku Malawi kuno asamazinyenge kuti Kwacha inali ndi mphamvu isanagwetsedwe posachedwapa popeza ndalamayi ilibe mphamvu olo pang’ono. A Chithyola amayankhula izi lero ku BICC ku… ...

Malawi Finance Minister says Kwacha was overvalued

Nov 13, 2023 Chikondi Daza 0 &

Minister of Finance Simplex Chithyola-Banda has backed the decision to devalue the Malawi Kwacha saying the Malawian currency was overvalued and this was affecting the country’s economy. Minister responsible, Simplex Chithyola-Banda said this at Bingu… ...

Nduna ya zachuma yathawa mafunso

Nov 13, 2023 Malawi24 Reporter 0 &

Nduna ya Zachuma a Simplex Chithyola Banda m’mawa uno yasiya atolakhani kukamwa kuli pululu itathawa kuyankha mafunso ku nkumano omwe inakonza ku Lilongwe. Atangomaliza kulakhula Kwa atolankhani, a Chithyola anatuluka mwachangu achitetezo ali m'mbalimu. Atolankhani… ...

Opinion: How can Malawi turn around the economy?

Nov 12, 2023 Burnett Munthali 0 &

Malawi Finance Minister, Simplex Chithyola Banda, has been soliciting views from different stakeholders on how to turn around the economy of Malawi as Parliament is preparing to meet soon for the mid-term big budget review.… ...

New Malawi Finance Minister Chithyola lacks experience – analyst

Oct 09, 2023 Archangel Nzangaya 0 &

A political and social commentator has questioned the appointment of Simplex Chithyola Banda as Minister of Finance saying he lacks experience related to the role. This comes as on Saturday, President Lazarus Chakwera appointed Simplex… ...

Sosten Gwengwe is a politician in Malawi who serves as a Member of Parliament and a cabinet minister

Chakwera fires Finance Minister Gwengwe

Oct 07, 2023 Mwayi Mkandawire 0 &

President Lazarus Chakwera has fired Minister of Finance Sosten Gwengwe and has replaced him with Simplex Chithyola Banda. Chithyola-Banda was already serving in Chakwera's cabinet as Minister of Trade and Industry. State broadcaster Malawi Broadcasting… ...

Minister of Trade Simplex Chithyola Banda

Govt urges people to venture into commercial farming

Sep 01, 2023 Martha Chikoti 0 &

Minister of Trade Simplex Chithyola Banda has asked people in the country to move from subsistence farming to commercial farming as a way of generating funds from farming produce. Banda made the statement on Wednesday… ...

Government promises to create conducive environment for crossborder traders

Jul 27, 2023 Synd Kalimbuka 0 &

Minister of Trade Simplex Chithyola has assured cross-border traders in the country that his ministry will create conducive environment for the businesspersons amid concerns that the traders are ill-treated by officials at the borders and are… ...