Month: November 2023 Posts

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… ...

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… ...

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… ...