Malawi, IMF reach agreement
...K200bn spread 48 months ...debt, fiscal discipline on top Malawi is on the edge of returning to the IMF extended credit facility programme after the two sides reached an agreement, the first in...
Category: Economy
Chakwera’s K400m plane ride
…K40 million a day to be spent …80 people likely travelling US$20,000 can save a Malawian on a waiting list for a medical procedure in India but she has had to wait for six months, as banks have...
Daud Suleiman chase investors
…MACRA forces MultiChoice to close …thousands of jobs, businesses at risk The underqualified Malawi Congress Party (MCP) operative Daudi Sulieman, placed at MACRA by President Lazarus Chakwera,...
IMF snubs Malawi
...debt restructuring priority ...more talks October The International Monetary Fund (IMF) will wait until October this year to see if there is any progress on agreed targets including debt...
National Bank, NBS wants out of Khatos case
..Khato case political- Banks .. Chodzi has no interest- Khato The High Court in Blantyre will on Wednesday hear from lawyers for National Bank of Malawi and NBS Bank who want the banks removed...
Gloomy economic outlook for 2023
…Gwengwe projects 2.7% growth …no ideas to tame inflation The Malawi economy only grew 3.2 percent, a 1.2 percent down from the 4.6 percent growth in 2021. The Minister of Finance Sosten Gwengwe...
Chakwera’s US$6.8bn joke
Scandal ridden Malawi Congress Party (MCP) led Tonse Alliance took Malawi's reputation to a new low when it hosted Tanko Mauhamadou, a controversial leader of a Belgium registered Bridgin Foundation...