MoH braces for coronavirus outbreak

The Ministry of Health (MoH) has implemented precautionary measures to prevent the spread of coronavirus after the World Health Organisation (WHO) on Friday warned the virus could spread to other countries. The ministry has implemented the measures after the viral infection killed 41 people and infected at least 575 others in China. WHO said on…

Government, through the Ministry of Trade, Industry and Tourism, is set to roll out the National Rural Industrialisation Strategy to spur economic growth. The strategy is designed to create entrepreneurship opportunities in rural areas. Government should be commended for developing a national strategy that specifically targets people in rural areas for industrial development. For a…

Gender discrimination persists in Malawi’s legal system despite efforts by government to integrate international treaties in the protection of the rights of the girl child, a report on gender and the law has shown. The African Child Policy Forum (ACPF) and Plan International said in their Getting Girls Equal: The African Report on Girls and…

PPPC facilitates energy, irrigation projects

Public Private Partnership Commission (PPPC) says it is facilitating public private partnerships (PPPs) in energy and irrigation projects to ease power shortages and improve the economy’s resilience to climatic shocks. PPPC director of project finance and risk analysis Audrey Mwala said at a news conference in Blantyre on Tuesday that the commission is working with…

Malawi has always struggled to incorporate most of its predominantly poor population into the traditional financial system. Fifty-five years after independence, more than 50 percent of the population are still outside the financial system. A FinScope Malawi Survey conducted in 2008 revealed that 80 percent of the adult population were outside the banking system; hence,…

Climate action got extensive media coverage after Swedish teen climate activist Greta Thunberg gave an emphatic speech for increased commitment towards climate change adaptation and mitigation at the launch of the United Nations Climate Action Summit on the sidelines of the UN General Assembly (Unga). In her impassioned speech, the teen activist faulted the global…

That the World Bank remains non-committal on resuming direct budget support to government on account of fiscal mismanagement should come as no surprise. Government has been cautioned time and again to re-align its policy towards strengthening public finance management and procurement frameworks to prevent fraud and embezzlement of public resources. The World Bank has joined…

US speaks on Malawi aid freeze

The United States (US) Government says it has frozen $5.2 million (about K3.8 billion), or 1.97 percent of the total development aid disbursement to Malawi, pending a review of its State agencies’ accounts. This follows the US administration order on August 3 for its State agencies—the State Department and the United States Agency for International…

Malawi risks losing out on K11.7bn US funds

Malawi is set to lose $15.8 million (about K11.7 billion) after the United States (US) government ordered its State agencies to freeze foreign aid financing effective September 30 this year. According to the New York Times, the US administration in a letter ordered the State Department and the United States Agency for International Development (Usaid)…

Human Rights Defenders Coalition (HRDC) vice-chairperson Timothy Mtambo and Inspector General of Police (IG) Rodney Jose are set to continue their verbal tussle when protesters convene for the “One million march” on August 6. From Jose’s press conference on Monday, it was clear from his tone that he was not willing to accommodate the interests…

The campaign period leading up to the May 21 Tripartite Elections heralded a season of change on the political landscape. It was clear from the onset that Malawians were disillusioned with government’s performance especially on macro-economic performance indicators such as growth and employment. While the previous regime, led by the Democratic Progressive Party (DPP) and…

The International Monetary Fund (IMF) last Wednesday hailed Malawi’s performance in the fund’s Extended Credit Facility programme with Malawi, a development which led to the disbursement of an additional $15.4 million to the national coffers. IMF deputy managing director Tao Zhang said Malawi’s programme performance has been satisfactory after the Malawi government met most of…

IMF cuts Malawi’s  Growth to 3.3%

  Malawi’s gross domestic product (GDP) growth will drop to 3.3 percent in 2018, declining by 0.7 percentage points from four percent recorded in 2017, blamed on declining maize output and power outages that have slowed down industrial growth, the International monetary Fund (IMF) has said. The IMF projection, contained in the World Economic Outlook…

Exit FMB, enter First Capital Bank

  First Merchant Bank Limited (FMB) says its rebranding to First Capital Bank is part of wider reforms to create a unified brand identity for FMB Capital Holdings (FMBCH) plc in the southern African region. The bank’s chief executive officer Fernando Rodrigues told journalists in Blantyre on Monday that the rebranding exercise would help to…

Govt faulted  On china aid

  Political and economic analysts have faulted Malawi-China bilateral agreements amid speculation such pacts have clauses that allow China to seize national assets in the event that the borrowing nation defaults on its loan repayments. The analysts were speaking against the backdrop of news that the Chinese government would be taking over national assets Zesco…

APM says good roads key to development

  President Peter Mutharika says constructing viable and decent roads in the country is key to the country’s development. Speaking during the ground-breaking ceremony of the Tsangano-Neno-Mwanza Road yesterday, Mutharika said enhanced and reliable transportation networks within and outside the country will link people in remote areas to better markets both within and outside the…

Taking the film industry higher

The film industry in Malawi is still in its infancy. However, a new phenomenon of producing series seems to be growing too fast. While this is a fully fledged industry in countries like USA and South Africa, it is quite new in Malawi. A young producer Khama Mbaula has taken on the challenge and has…

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