Month: December 2023 Posts

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… ...

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… ...

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… ...