Joseph Mwanamveka – Malawi Freedom Network

Mar282023 by Suleman ChiteraNo Comments

Mwanamvekha Visits Cyclone Freddy Victims

Stories

By Judgement Katika Member of Parliament for Chiradzulu south Joseph Mwanamvekha who is also Democratic Progressive Party (DDP) presidential aspirant on Sunday visited,cheer and console the people that have been heavily affected by cyclone freddy in the southern region as part of the ongoing programme for the people who have been affected by Cyclone freddy in the southern region. Mwanamveka who started the programme of helping the people who were affected by cgclone freddy since the cyclone hit in the southern region visited the victims at Chiradzulu district particularly in group village headmen Masuku, Kajaga, Namakhwiri and Chiniko in Traditional Authority Mpunga area. And other beneficiaries came from Namathiya, Muliva, Muyele, Masuku, Chongwe, Kazembe, Namakwiri, Muwa, Litu...

Jan132023 by Suleman ChiteraNo Comments

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

Business

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 the Malawi Kwacha.This policy regime was pursued by the Reserve Bank of Malawi in early 1990s up to 1995 during the Structural Adjustment Programmes (SAPs). I was at the Reserve Bank of Malawi at that time and was working in Financial Market Operations Department and was part of the team managing this policy regime but It failed miserably and was later ambandoned. At that time, the auctions system of foreign exchange was meant to improve the c...

Jan92023 by Suleman ChiteraNo Comments

Joseph Mwanamveka Schools Tonse Alliance On The Next Budget

National

Former finance minister Joseph Mwanamvekha who is also Democratic Progressive party Presidential aspirant has advised Chakwera led government to consider addressing public debt, energy and forex crisis and fiscal deficit in the next budget to be presented in parliament.Mwanamvekha said this in an interview yesterday ahead of the 2023/24 Pre-Budget Consultation Meetings which start today in Blantyre.Giving his input on how the next budget should be framed, he said that looking at the debt levels, if government continues this trajectory Malawi is at risk of becoming bankrupt. Mwanamvekha said: “The minister of Finance should immediately stop borrowing and start seeking budgetary support, grants and restricting of the current debt. “The minister of Finance should ensure that the macro-...

Dec152022 by Malawi Freedom NetworkNo Comments

Mwanamveka’s Daughter Obtain Master’s Degree In USA

Education

Close friends and Family members join Malawi former minister of Finance Joseph Mwanamveka’s daughter to celebrate her graduation from Global Affairs and Management in Arizona United states of America where she obtained a master’s degree. Chikondi already obtained a masters degree in Human Resources and bachelor degree in economics from Unirversity of Delhi in India, This publication congratulate Chikondi Mwanamveka for her achievement, https://youtu.be/UtYjkm03Lsk Bravo Chikondi Mwanamveka

Nov92022 by Suleman ChiteraNo Comments

If It Is Not DPP In 2025, Then Which Party Is The Best Altenative?

Politics

By Rick DzidaFrankly speaking, a lot of Malawians had high expectations of the Tonse Alliance government. They rudely despised Prof. Peter Mutharika and Democratic Progressive Party (DPP) from left , right and centre. Even those who wished APM dead have realised their mistakes now.Truth be told, Chakwera’s government has dismally failed. Most Malawians are regretting why they wasted their vote for Chakwera and Tonse Alliance.The Tonse Alliance administration has failed to fulfill its campaign promises. The much touted MCP Hi 5 is totally a goof. No rule of law. No zero tolerance to corruption. No prospering together. No unity. No fuel. No forex. Instead of making progress, Chakwera’s regime has taken this country hundred steps backwards.Malawians have realised now that they we...

Aug162022 by Suleman ChiteraNo Comments

Mwanamveka Granted Bail

Stories

Senior Resident Magistrate Wanangwa Nyirenda has granted bail to former Minister of Finance Joseph Mwanamvekha. Mwananvekha was arrested by the Anti-Corruption Bureau (ACB) on Tuesday afternoon over allegations that he abused his office. Among other bail conditions, Mwnamvekha has been ordered to pay 1 Million Kwacha and the case has been adjourned to 22 August 2022 when the trial will begin.

May302022 by Malawi Freedom NetworkNo Comments

Mwanamveka Fault Government On Economic Crisis

News

Former Minister of Finance in the Democratic Progressive Party (DPP) Joseph Mwanamvekha says the 25 percent devaluation on the kwacha has been made without considering the welfare of the people, and that it will not solve anything in the economy because it has been announced in haste which forex holders will leverage on. Mwanamvekha says when DPP assumed power after 2014 elections when the Peoples Party was embroiled in cashgate, they undertook serious austerity measures to feel the pain with the people. He said the president at that time, Peter Mutharika, his vice president and cabinet ministers had their salaries reduced public spending. Apart from that, Mwanamvekha says the DPP grounded government vehicles to tame unnecessary internal travel and foreign travel was limited to t...

Mar242022 by Suleman ChiteraNo Comments

Mwanamveka Cast Doubt On National Budget Effectiveness

National

Opposition Democratic Progressive Party is casting doubts on the expected success of the 2.8 trillion-kwacha national budget which was passed yesterday in parliament. Parliamentarians approved the national financial plan which will run until 31st March 2023. The passing of the Budget, came after the House has scrutinized allocations going towards government ministries, Departments, and Agencies. Earlier on, Sosten Gwengwe, minister of finance expressed excitement and congratulated the House for passing the Budget. He has since expressed optimism that the Budget will be implemented. ‘’We have done a bug task today and every budget is measured by the extent to which it is implemented. That is why we as the government has planned to extensively implement this budget’’ said Gwe...

Mar202022 by Suleman ChiteraNo Comments

Peter Mutharika itches for Malawi’s 2025 presidential bid

Politics

Despite his old age to lead the party ahead of 2025 general elections, Former President Peter Mutharika has reaffirmed his comment to stand as a Democratic Progressive Party (DPP)’s Presidential candidate in the forthcoming 2025 General Elections. Multiple sources within the party have confirmed that the aging leader is now clinging to the party throne, apparently discrediting other aspirants. Mutharika plans to stand in 2025One source who is the party’s front members confirmed to the press that Mutharika is ready to run and appear on the Ballot Paper in 2025. ” The former president is itching to be on the Ballot paper in 205 and he says he is very ready to run. But he prepares, other aspirants feel dejected. The plan is that in 2023, the president will announce his intention ...