Representing the SADC
Three years after defaulting on its foreign debt, Zambia is still trying to reach agreement with all its creditors on how to manage this situation. This has left the southern African country in a state of development finance limbo. It is handicapped in raising the funds needed to generate jobs, build infrastructure, provide health, education … Read More “Zambia’s Foreign Debt Tragedy – What Needs to Happen to Resolve the Crisis” »
The Ministry of Agriculture on Monday unveiled eight new tractors with associated implements that include plows, harrows, riggers and planters, for the Mega Farm Support Unit. In a statement published on his Facebook page, Minister of Agriculture, Sam Kawale said through the contract signed with the Mega Farm Support Unit, the tractors will be made … Read More “Malawi: Agriculture Ministry Hands Over 8 New Tractors With Associated Implements to Mega Farm Support Unit” »
National Planning Commission (NPC) has called upon the government to accelerate investments in the strategic sectors of the economy if MW2063 development aspirations are to be realized. The call came at the start of a weeklong MW2063 Meeting for Pillar and Enabler Coordination groups starts today in Lilongwe. The meeting is being facilitated by NPC. … Read More “Malawi: NPC Wants Govt to Take Active Role in Mw2063 Investments” »
Harare — President Lazarus Chakwera and his administration came under fire from opposition parties and human rights organizations in Malawi, for a deal allowing 221 young young Malawians to be airlifted on Saturday, November 25, 2023 to work on Israeli farms. The action comes in the wake of Israel’s U.S.$60 million aid package for Malawi’s … Read More “Malawi: President Lazarus Chakwera Under Fire for Sending Malawians to Work on Israeli Farms” »
Malawi Communications Regulatory Authority (MACRA) — in collaboration with International Telecommunication Union (ITU) — has concluded three sessions of trainings on child online protection (COP) strategy with a general call on parents and teachers to closely monitor their children’s use of technology to spot possible signs of online abuse. The trainings, held in in Lilongwe, … Read More “Malawi: Parents Urged to Closely Monitor Their Children’s Use of Technology to Spot Signs of Online Abuse” »
Malawi needs South African Airways (SAA) and so does the airline need Malawi, says Chief Economist for Don Consultancy Group, Chifipa Mhango following the the airline’s suspension of flights to the Warm Heart of Africa. In its public notice issued on Thursday, SAA attributed the suspension of their service to Lilongwe and Blantyre to the … Read More “Malawi: Suspension of Flights By SAA Has Economic Implications for Malawi–Chief Economist Chifipa Mhango” »
Electricity Generation Company (Malawi) Limited (EGENCO) has rolled out the construction of a 10Megawatt Solar Power Project in Salima. The project, which is expected to take 18 months, is the first phase of scalable 20MW solar power plant that will be implemented in two phases of 10MW each. Speaking when he presided over the ground-breaking … Read More “Malawi: Egenco Rolls Out Construction of 10mw Solar Plant in Salima” »
The World Bank has approved a $60 million grant to avert acute shortages of critical and lifesaving commodities in Malawi. The grant will also enable commercial banks in Malawi to have access to an import backstopping facility through the International Development Association (IDA) approved by the World Bank’s Board of Executive Directors on Monday. A … Read More “Malawi: World Bank Grants Malawi $60m to Avert Acute Shortages of Critical, Lifesaving Commodities” »
Washington — Commercial Banks in Malawi will now have access to an imports backstopping facility through a $60 million grant from the International Development Association* (IDA) approved by World Bank’s Board of Executive Directors today. The contingent financing to import fertilizers and pharmaceuticals will address critical shortages in the market which, if left unaddressed, have … Read More “Africa: Malawi – World Bank Approves a $60 Million Grant to Avert Acute Shortages of Critical and Lifesaving Commodities” »
President Dr. Lazarus Chakwera has dared organizers of the endless demonstrations, vowing that his administration will not reward them for mobilizing Malawians to the streets on frivolous reasons. Chakwera made the sentiments in Ntchisi on Thursday when he presided over the launch of the second phase of the Agricultural Commercialization (AGCOM) Project. Chakwera said he … Read More “Malawi: Chakwera Vows He Won’t Reward, Appease Demonstration Organizers – ‘Govt Doesn’t Have Luxury of Throwing Money At ‘Selfish People”” »
