By Malawi Freedom Network The recent reduction in fuel prices has been welcomed by many Malawians who have been grappling with rising living costs, but questions remain whether the adjustment will translate into lower transport fares and cheaper food prices. While consumers hope the reduction will bring immediate relief, economic analysts and transport operators say […]
By Suleman Chitera LILONGWE – Malawi has registered notable progress in reducing poverty, with the national poverty rate declining from 50.7 percent to 47.3 percent, according to findings from the Sixth Integrated Household Survey (IHS6) released by the National Statistical Office (NSO). The findings were unveiled on Friday at the Bingu International Convention Centre (BICC) […]
By Suleman Chitera LILONGWE, Malawi — As fears mount over the future of the Malawi Kwacha and the country’s worsening foreign exchange crisis, Finance Minister Joseph Mwanamvekha has made a startling declaration: the government will not devalue the currency anytime soon. The announcement comes amid intense speculation that Malawi could be pressured into another devaluation […]
By Suleman Chitera LILONGWE, Malawi – An International Monetary Fund (IMF) staff mission has concluded a 10-day visit to Malawi aimed at assessing the country’s economic situation and initiating discussions on a possible Extended Credit Facility (ECF) arrangement to support the government’s recovery agenda. The mission, led by IMF Mission Chief Justin Tyson, visited Lilongwe […]
By Suleman Chitera LILONGWE, Malawi — Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamvekha has defended the government’s decision to increase taxes and levies, arguing that the country was facing an extremely dire financial situation that left authorities with little choice but to implement painful economic measures.Mwanamvekha: The Strategic Mind Steering Malawi’s Economic Recovery […]
By Suleman Chitera The Government of Malawi has announced that an International Monetary Fund (IMF) staff mission will visit the country from June 9 to June 18, 2026 to begin formal discussions on a possible new Extended Credit Facility (ECF) arrangement aimed at supporting the country’s economic recovery and reform agenda.Mwanamvekha Hails World Bank’s Nathan […]
By Suleman Chitera Malawi is set for another critical round of economic negotiations with the International Monetary Fund (IMF) amid growing pressure on the country’s fragile economy, with Minister of Finance, Economic Planning and Decentralization Joseph Mwanamvekha assuring the nation that currency devaluation will not form part of the upcoming discussions.APM Leadership Revitalising the Economy, […]
By Suleman Chitera Malawi is set for high-stakes economic discussions next month as the International Monetary Fund (IMF) prepares to send a mission to the country from June 9 to June 18, 2026, for negotiations surrounding a new Extended Credit Facility (ECF) programme. Minister of Finance, Economic Planning and Decentralisation, Joseph Mwanamvekha, confirmed the development […]
By Suleman Chitera Malawi has intensified its push for international financing and strategic partnerships at the ongoing African Development Bank (AfDB) Group Annual Meetings in Brazzaville, Republic of the Congo, as the government seeks to accelerate economic transformation through the Agriculture, Tourism and Mining (ATM) Strategy Dont skip this Joseph Mwanamvekha: Steering Malawi’s Financial Ship […]
By Suleman Chitera The Malawi Government has reaffirmed its commitment to improving access to clean water and sanitation services by intensifying efforts to mobilise additional resources aimed at rehabilitating aging infrastructure and addressing persistent service delivery challenges across the country. Speaking at the conclusion of an interface meeting with officials from WaterAid on the sidelines […]
