By Suleman Chitera
Malawi has, in recent years, endured one of the most painful economic chapters in its history. For five long years, the nation drifted dangerously, weighed down by misguided policies, weak fiscal discipline, and a leadership that appeared detached from the daily suffering of ordinary citizens. Prices spiraled out of control, hunger became commonplace, and hope for a better tomorrow steadily evaporated.
While the majority of Malawians struggled to survive amid soaring costs of living, those entrusted with power lived lavishly—burning billions of kwacha on luxury, insulated from the pain of the very people they were sworn to serve. Under MCP leadership, Malawi moved steadily from hardship to outright distress.
But history reminds us that the darkest hour comes just before dawn.
In September, Malawians decisively reclaimed their destiny through the ballot, restoring the Democratic Progressive Party (DPP) to power. With that mandate came the return of Professor Arthur Peter Mutharika to the presidency—and a critical, confidence-inspiring decision: the reappointment of Joseph Mwanamvekha as Minister of Finance, Economic Planning and Development.
That decision has already proven inspired.
In just three months—from September to December—Mwanamvekha has demonstrated unmatched competence, clarity, and command of the economic portfolio. Without exaggeration, his early record speaks volumes. This is not rhetoric; it is results.
Maize prices have fallen significantly. Prices of basic necessities are stabilising. For the first time in years, Malawians are beginning to feel real value for their money. Confidence is slowly returning to the marketplace, driven by prudent policy direction under President Mutharika’s visionary leadership and Mwanamvekha’s steady stewardship of the economy.
Beyond price stabilisation, Malawi has witnessed renewed trust from stakeholders. Under Mwanamvekha’s leadership, the country has mobilised donations and financial support worth billions of kwacha from local banks and the international donor community—clear proof that credibility, once restored, attracts opportunity.
Then there is fertiliser—once scarce, overpriced, and almost mythical during the MCP era. Today, fertiliser is readily available across the country in the middle of the rainy season. Farmers can plan, plant, and hope again. Food security, once a distant dream, is now firmly within reach—provided the rains are kind.
Credit must be given where it is due.
Joseph Mwanamvekha has reasserted discipline, professionalism, and foresight at the Ministry of Finance. His approach shows that managing a national economy is not an experiment for political novices, but a serious task requiring experience, intellect, and resolve.
Yes, challenges remain. Forex stability and fuel availability will not be fixed overnight. Rome was not built in a day. But the direction is clear, the foundation is firm, and the leadership is focused.
With Mwanamvekha at the helm of finance and Professor Arthur Peter Mutharika guiding the nation, Malawi once again has reason to believe. Believe in recovery. Believe in food security. Believe in economic renewal.
This is leadership that delivers. This is competence in action. And this is a reminder that not every Jim and Jack can carry the heavy mantle of driving a nation’s economy.
Never again reckless experimentation. Never again economic misadventure.
Malawi is back on course.