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How the DPP and UTM Aims to Garner Sympathy Votes Following Chilima’s Demise

By Political Editor

In the recent release of the preliminary report on the late Vice President Dr Saulos Chilima and the nine others who tragically perished in a plane crash in Chikangawa Forest, the United Transformation Movement and Democratic Progressive Party seek to steer attention away from the true implications of the report.

With the country approaching the 2025 General Election, the resolute DPP endeavors to leverage Chilima’s death as a means to cultivate public trust by propagating conspiracy theories surrounding the demise of Dr Chilima.

It is widely known that Dr Chilima frequently utilized the plane for various engagements as it fell within the Vice President’s jurisdiction to do so.

DPP MPs

Unpatriotic Politicians have criticized President Dr Lazarus Chakwera and the Malawi Congress Party, Commonly attributed by the UTM and DPP for their personal political gains rather than acting in the best interests of Malawians.

It was indeed surprising to witness certain UTM members openly disparaging President Chakwera, while others conspired to undermine his leadership through the plane crash incident.

Notably, even esteemed Members of Parliament from the DPP engaged in disrespectful behavior during the candlelight vigil at Parliament, followed by a press briefing aimed at creating a façade of productivity while pursuing self-serving agendas.

Some politicians are orchestrating demonstrations to feign deep distress over the loss, despite the family’s plea to refrain from politicizing the late Vice President Chilima’s death.

In her expression of gratitude, the wife of the late Vice President commended President Chakwera for his unwavering support throughout the funeral proceedings.

The fortitude and resilience demonstrated by President Chakwera during his tenure exemplify the qualities of a true leader.

It is imperative for Malawians to awaken to the reality that those attempting to divert attention are the same individuals who orchestrated a coup against Dr Joyce Banda and obstruct progress in Malawi.

It is evident that certain political parties lack substantive proposals for the betterment of Malawians, opting instead to mislead the public regarding Dr Chilima’s untimely demise.

Members of UTM must recognise that their refusal to trust the MCP government regarding the circumstances of its leader’s death is not grounded in truth, but rather a ploy to tarnish the image of the MCP and seize opportunities left behind by Dr Chilima without regard for his vision.

It should be noted that Dr Chilima placed his trust in President Chakwera and Dr.

Michael Usi, an initiative that the UTM faction undermines by opposing every action taken in his memory.

CDH Investment Bank reports K8.3 billion half-year profit

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By Chisomo Phiri

CDH Investment Bank has announced a profit after tax for the half year ended June 30,2024,of K8.3 billion, a 53% increase from the K5.5 billion reported in the same period last year.

According to the unaudited summary of results for six months released by the bank and endorsed by the bank’s Board Chairperson Franklin Kennedy, Chief Executive Officer/Managing Director, Thoko Mkavea, Chairperson of the Board Audit Committee Sydney Chikoti, and Chief Finance Officer,Kelvin Mkulichi, the results were driven by growth in both net interest income and non-interest income which grew by 53% percent and 26% percent respectively.



“The bank realised a profit after tax of K8.3 billion against prior half year performance of K5.5 billion representing an increase of 53%. Operating income before impairments on loans and advances grew from K12.9 billion to K20.7 billion mainly on account of growth in net interest income and non-interest income,” reads part of the statement.

It adds:”The bank’s performance in the first half of 2024 was driven by growth in investment funds and customer deposits.

“Total assets grew by 99% from K240.1 billion to K476.8 billion mainly due to a 180% increase in financial assets at fair value, a 91% growth in investment in government securities at amortised cost, and a 41% increase in loans and advances to customers.

“This was supported by a 183% growth in investment funds and a 42% increase in customer deposits. The bank continues to leverage on investment banking and advisory solutions to drive growth in its commercial banking business.

“Inflation is expected to remain high averaging 33.5% to the end of the year. Average headline inflation is estimated at 30.0% for 2024, higher than the average of 28.8% for 2023. Relatively high money supply growth, underperformance of the export sector and higher global oil prices are major risks to the inflation outlook.

“The bank expects continued pressure on the Kwacha exchange rate as a result of the increasing negative trade balance. The Malawi gross domestic product (GDP) growth is projected to average around 2.3% in 2024 mainly driven by the effects of El Nino weather conditions.”

“The leading investment bank in Malawi continues to successfully leverage on its unique ability to integrate corporate finance and investment banking services with traditional commercial banking activities to deliver impressive value to its stakeholders, generating an impressive return on shareholder’s equity.”

The report further reads: “We will continue to meet our client’s expectations through continuous development of our people, investment in modern technology, and investment in strategic alliances. We reaffirm our commitment to providing well researched and innovative financial solutions to all clients. Capital optimization, cost discipline, asset diversification and effective risk management will remain our pillars for sound financial performance for the bank.”

CDH Investment Bank is a leading investment bank in Malawi.

It opened for business on 2nd April 2012 following the successful conversion from Continental Discount House Limited which had operated in the financial sector for 14 years since August 1998.

CDH revolutionized trading of financial securities in Malawi, a legacy it continues to carry as it leads in the development of the capital market in Malawi.


The bank’s unique service proposition is investment banking and corporate financial advisory services to its clients.

It is a deposit-taking investment bank out of which it creates loans and advances.

Meddling in Malawi’s Begging Bowl: A Call to Action for Self-Sufficiency

By Twink Jones Gadama

As the world watches, a war-torn Ukraine continues to produce and export food to countries in need, including Malawi.

This stark reality has left many Malawians questioning their country’s reliance on foreign aid and begging bowl mentality.

The situation is made even more embarrassing by the fact that Malawi’s Vice President, Dr. Michael Usi, recently revealed that President Lazarus Chakwera appointed him due to his expertise in begging. Dr. Usi claimed to have honed his begging skills during his time at ADRA Malawi, leaving many to wonder if the country’s leadership is truly committed to ending the begging culture.

Aid from Ukraine



The President’s failure to publicly oppose his Vice President’s statement has led many to believe that he actively sought out a Vice President with begging skills, further perpetuating the country’s reliance on handouts.

“We can’t continue to rely on handouts while other countries, despite facing war and occupation, manage to feed us,” said a concerned citizen. “It’s time for us to pull our socks up and take control of our own destiny.”

Malawi’s prioritization and careless spending have been identified as major obstacles to self-sufficiency.

The country invests heavily in politics and entertainment, neglecting vital sectors like agriculture and industry.

“We need to put politics aside and focus on serious production,” said another Malawian. “We have the potential to be a breadbasket for the region, but our leaders are too busy lining their pockets to care.”

The time has come for Malawi to rise up and take action. It’s time to stop begging and start producing.

The country needs a radical shift in mindset, one that prioritizes self-sufficiency and industrialization.

As one Malawian poignantly put it, “We can’t go any lower than this. We need to stand up and take pride in our nation. We owe it to ourselves, our children, and future generations to build a better Malawi.”

DPP Press Conference: Hon. Shadric Namalomba Defends Party’s Position and Addresses Allegations

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By Burnett Munthali

In a recent press conference, Hon. Shadric Namalomba, a prominent member of the Democratic Progressive Party (DPP), addressed concerns and defended the party’s role in protecting Malawians. He emphasized that the DPP is committed to safeguarding the interests of all Malawians, countering accusations that the party is merely serving the interests of a select few.

Hon. Namalomba affirmed the DPP’s dedication to its mission of protecting the welfare of Malawians. He rejected claims that the party is focused on pleasing members of the Malawi Congress Party (MCP) or undermining the broader interests of the nation. According to Namalomba, the DPP remains steadfast in its commitment to advancing policies and initiatives that benefit all citizens.

Namalomba



During the press conference, Namalomba also addressed speculation regarding the party’s involvement in discussions about fuel price increases. He clarified that the DPP had indeed participated in a committee meeting on natural resources, where concerns about fuel price hikes were raised. However, he expressed surprise and disappointment that members of the committee who were allegedly disruptive had forced the DPP representatives to leave the meeting.

Namalomba’s comments highlighted the challenges faced by the DPP in engaging with the committee. He criticized the actions of those who disrupted the meeting, suggesting that such behavior undermines constructive dialogue and collaboration. The DPP’s withdrawal from the meeting was framed as a response to the unprofessional conduct of certain committee members.

In conclusion, Hon. Shadric Namalomba’s press conference aimed to clarify the DPP’s stance on national issues and address recent allegations. By reaffirming the party’s commitment to the welfare of all Malawians and addressing concerns about committee disruptions, Namalomba sought to provide clarity and reinforce the DPP’s role in the current political landscape.

Flames Coach Patrick Mabedi Addresses Media on 2025 Africa Cup of Nations Qualifiers

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By Burnett Munthali

On August 30, 2024, Patrick Mabedi, the head coach of Malawi’s national football team, the Flames, held a press briefing to discuss the team’s preparations for the 2025 TotalEnergies Africa Cup of Nations (AFCON) qualifiers. The meeting took place at 9:30 AM at Mpira House in Chiwembe Township.

During the session, Coach Mabedi provided detailed insights into the team’s preparation for the upcoming qualifying matches against Burundi and Burkina Faso. He outlined the strategies and plans in place to ensure the Flames are well-prepared for these critical fixtures.



Coach Mabedi is expected to release the list of players selected to represent Malawi in the qualifiers. This announcement is highly anticipated by fans and media alike, as it will reveal the key players who will be crucial in the team’s bid to secure a spot in the 2025 AFCON tournament.

The briefing at Mpira House marks an important step in the Flames’ journey towards the continental championship, reflecting the team’s commitment to excellence and readiness for the challenges ahead.