UN hails China for helping developing countries

United Nations (UN) Secretary General Antonio Guterres has hailed China for its efforts in creating projects that help developing countries to create infrastructure and guarantee their sustainable development. Guterres said this in Beijing during a high-level second Belt and Road Forum (BRF) on international cooperation opened by Chinese President Xi Jingping yesterday. The forum, which…

China unveils new forum to bolster Sino-Africa ties

The People’s Republic of China in collaboration with the African Union (AU) on Monday inaugurated a new cooperation model called the China-Africa Institute aimed at deepening China-Africa governance collaboration, among others. The launch in Beijing was presided over by former Mozambican president Joaquim Chissano and Yang Jiechi—a member of the ruling Communist Party of China’s…

Expert says Zim risky for Malawi logistics

The route between Malawi and South Africa through Zimbabwe remains fragile despite assurances by authorities that recent protests that hit Zimbabwe have not negatively impacted on Malawi logistics, a transport and logistics expert has said. Speaking in an interview yesterday, Chartered Institute of Logistics and Transport (Malawi) executive member Mavuto Missi said many local transporters…

Running mate fever rises

During that time, the ministry’s Principal Secretary Francis Chinsinga said the portal was in reaction to Malawians’ demand for transparency in all sectors, including construction. With just a week before presidential candidates start submitting their nomination forms and formally unveil their running mates, the question of who will make the ticket for perceived election front-runners…

Businesses skeptical

The Chamber of Small and Medium Enterprises has reiterated the need for more independent power producers to complement Malawi’s energy requirements and boost the country’s economic growth in 2019. Speaking in an interview on Tuesday, the Chamber’s president James Chiutsi said blackouts posed the biggest challenge to local small and medium enterprises (SMEs), forcing businesses…

State suffers 3rd defeat in UTM case

  The Malawi Supreme Court of Appeal has upheld the High Court decision to reject the State’s application to suspend enforcement of an order to register United Transformation Movement (UTM) as a political party by close of business today. Yesterday’s ruling by judge Frank Kapanda, sitting as a single Supreme Court judge, was the State’s…

Fund dangles K4bn grant to local firms

  Malawi Innovation Challenge Fund (Micf), a competitive grant mechanism for businesses to finance innovative projects, has unveiled a five million euros (about K4 billion) fund to finance innovations in exports and import substitution in the manufacturing sector. This is the fourth competition window round since the Micf’s inception in 2014 when 11 projects—six in…

UN report exposes poverty, inequality

While government brags about Malawi registering tangible development strides, a latest United Nations Development Programme (UNDP) Human Development Index (HDI) report has revealed that people’s living standards stagnated in 2017. The annual global statistical update also suggests that from 1990, Malawi has made slower advances in key dimensions of human development such as health, education…

‘No party can win 2019 polls alone’

The fate of the governing Democratic Progressive Party (DPP) and main opposition Malawi Congress Party (MCP)—widely seen as frontrunners for 2019 presidential race—could be hanging in the balance after analysts predicted that no party can win next year’s polls singlehandedly. This comes amid mounting speculation that DPP and the newly-launched United Transformation Movement (UTM) may…

Hierarchy shadows conquering our democracy

The former ruling People’s Party (PP) on Friday sealed its national convention, where founding leader and Malawi’s ex-president Joyce Banda was chosen to be the party’s presidential candidate in next year’s tripartite elections. The convention, held in Blantyre from Thursday, followed similar ‘elective’ conferences by Malawi Congress Party (MCP), Democratic Progressive Party (DPP) and United…

Koffi Olomide wanted by Zambia, France

  Zambia and France have jointly issued an arrest warrant for popular Congolese rhumba star Koffi Olomide over multiple criminal charges against him in both the southern African country and France. The rhumba musician—real name Antoine Christophe Agbepa Mumba—was expected to hold two shows in the Zambian capital Lusaka and that country’s second largest city,…

Firm punches holes in Taxation Act

  Deloitte, a business advisory, tax and auditing firm, has faulted government for lacking efficiency in providing crucial information to firms on the amended Taxation Act. The firm’s managing partner Nkondola Uka said this yesterday during their 2018/19 National Budget analysis session in Blantyre to advise auditors on the new taxes that became effective on…

MEC snubs MCP on votes

The Malawi Electoral Commission (MEC) has rebuffed calls by opposition Malawi Congress Party (MCP) to incorporate interpretation of voters’ intent in the commission’s polling guidelines for the 2019 Tripartite Elections. MCP had argued that establishment of a new regulation that can translate the ultimate intention of non-specific voters can help to reduce the number of…

Chaponda denies misleading APM

  Democratic Progressive Party (DPP) vice-president (South) George Chaponda has dismissed accusations that he is one of the senior party officials allegedly misleading President Peter Mutharika on his candidacy for the 2019 Tripartite Elections. The Mulanje South-West legislator told Tiuzeni Zoona programme on Zodiak Broadcasting Station (ZBS) yesterday: “What is happening in DPP is what…

Govt touts tourism as 500 students graduate

  The government says it will continue prioritising the tourism and hospitality industry to boost Malawi’s foreign exchange earnings required for socio-economic development. Minister of Trade, Industry and Tourism Henry Mussa said this on Friday when he presided over the 14th graduation of the Malawi Institute of Tourism (MIT) in Blantyre where 500 students received…

SA mourns Winnie Mandela

  South Africans continue mourning the death of anti-apartheid campaigner Winnie Madikizela-Mandela who died yesterday aged 81. The BBC reports that Madikizela-Mandela, a former wife to that country’s first black president Nelson Mandela, died yesterday after a long illness that had reportedly kept her in and out of hospital since January this year. South Africa’s…

Finca, KfW sign K2.5bn  loan facility to boost SMEs

  Foundation for International Community Assistance (Finca) Malawi and German State-owned Development Bank (KfW) have signed a $3.4 million (about K2.5 billion) deal to broaden the country’s financial services by boosting financing of micro, small and medium-sized enterprises (MSMEs). In a statement posted on the company’s website, Finca Malawi chief executive officer Christopher Kizza is…