Malawi Economic Growth Lower Than Projected

By Pemphero Musowa.

President Peter Mutharika has told Malawians the countrys economic growth for the year is likely to be lower than earlier projected

In a State of Nation address on the current flood situation, Mutharika said the 5.8 percent projection will not be achievable due to adverse effects of the floods disaster.”The growth for the country is largely driven By agriculture, manufacturing, electricity, water and mining among others” said Mutharika.

president Mutharika

president Mutharika

He said preliminary assessment shows the damage caused by the flood disaster to the economy is estimated at K23.9 billion excluding relief projects currently underway.An estimated 63,531 hectares have been submerged in flood water leaving around 116,000 farmers affected country wide according to the Department of Survey.

Most rural households rely on sales of agricultural produce and livestock and losingsuch assests has aggravated food insecurity.

Mutharika said government needs $81 million to address the immediate needs of cloee to 63,800 People affected.He further revealed a draft Disaster Policy will be tabled at the next cabinet meeting.

Malawi, UK Launch National Elephant Action Plan

By Pemphero Musowa
The Government of Malawi and United Kingdom launched The Development of National Elephant Action Plan at the Bingu International Conference Centre in lilongwe on tuesday.

The Action Plan is aimed at curbing the illegal sale of elephant ivory.
Massive awareness campaigns will take place in cities, entry as well as exit points in the country.

British High Commissioner to Malawi Michael Nevin said weak and ambiguous wildlife law including out dated Policy framework remains a challange.
Nevin said wildlife is an economic asset for Malawi and urged people to protect it by reducing the demand for ivory.

British envoy Michael Nevin

British envoy Michael Nevin

He added that Malawi government is showing commitment and promised support from the United Kingdom.Malawi rely on the tourism industry particulary the big 5 of which the giant elephants are most intruguing.

Poaching for ivory has however decreased its number over the years.
Efforts are being made to install solar powered fences in Vwaza, Kasungu as well as Liwonde wildlife and national game parks.Malawi will not have elephants by 2025 if illegal ivory trade is not stopped.