By Suleman Chitera
Lilongwe, Malawi — October 2025: President Arthur Peter Mutharika has appointed Hon. Joseph Mathyola Mwanamvekha as Malawi’s new Minister of Finance, marking a key step in shaping the country’s economic direction under the newly announced Cabinet.
The appointment of Mwanamvekha, a seasoned economist and former banker, has been received with optimism by economic observers and the business community. Known for his strategic financial management skills and experience in both government and private sectors, Mwanamvekha is expected to spearhead policies that promote fiscal discipline, economic growth, and investment.
A Return to Familiar Territory
Hon. Joseph Mwanamvekha previously served in the same portfolio during the earlier Mutharika administration, where he was credited for stabilizing the Malawi kwacha, improving budget execution, and negotiating key international financial agreements. His return to the Finance Ministry signals a continuation of Mutharika’s economic reform agenda, focusing on infrastructure development, job creation, and private sector empowerment.
Economic Priorities Ahead
Sources close to Capital Hill indicate that Mwanamvekha will immediately focus on:
Strengthening the national budget framework to curb public spending.
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Boosting agricultural and industrial productivity to drive exports.
Attracting foreign direct investment (FDI) through fiscal incentives.Mwanamveka Criticize Chakwera Led Government
Ensuring transparency and accountability in the public finance system.
Economic analysts suggest that Mwanamvekha’s experience will be crucial as Malawi works to recover from recent economic shocks, including inflation pressures and currency depreciation.
Public Reaction
Many Malawians have welcomed the appointment on social media, describing it as a sign of stability and economic focus. Business leaders and investors have also expressed confidence, highlighting Mwanamvekha’s strong understanding of both local and international financial systems.
About Hon. Joseph Mwanamvekha
Hon. Mwanamvekha is an accomplished economist who has served in various top government roles, including Secretary to the Treasury and Minister of Agriculture. He holds advanced degrees in economics and finance and has represented Malawi in numerous international economic forums.
Looking Forward
With the 2025–2026 fiscal year fast approaching, all eyes are on Mwanamvekha as he crafts policies aimed at rebuilding the economy, creating jobs, and restoring investor confidence.
