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Former Finance Minister Mwanamveka Fault Reserve Bank Of Malawi On Foreign Exchange Auctions

Former Finance Minister Honourable Joseph Mwanamveka has faulted the Reserve Bank of Malawi on the introduction of foreign exchange auctions,Mwanamveka said the press statement made by the Reserve Bank of Malawi on the introduction of foreign exchange auctions is a wrong decision as it will lead to further massive devaluation or loss of value for […]

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Fire Chizuma, Discipline Kayuni, HRCC Tells Chakwera

The Human Rights Consultative Committee (HRCC) has asked President Lazarus Chakwera to act on the recommendations of the commission of inquiry into the arrest of Director General of the Anti Corruption Bureau Martha Chizuma. Speaking at a press conference in Lilongwe on Friday, HRCC board chairperson Robert Mkwezalamba urged Chakwera to prove to Malawians that […]

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Government Spent K600 Billion Settling Debts

The ministry of finance and Economic affairs says the country has spent over six hundred billion kwacha in settling national debt. Sosten Gwengwe, minister responsible made the the revelation in Mzuzu at the ministerial pre-budget consultation meeting for the 2023/2024 fiscal year. According to Gwengwe, currently there is no balance between the expenditure and revenue […]

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Driver 3 years Imprisonment For Stealing Money From Employer

A 42-year-old man identified as Rex Impossible working as a driver has been sentenced to 3 years imprisonment with hard labour for stealing money from his employer’s bank account. The convict transferred K620,000.00 from his boss’s National Bank Account into his Mobile Airtel Money account through MO626 in Blanytre. This follows his conviction and ruling […]