Tuesday, September 9, 2025
No menu items!
spot_img
Home Blog Page 1320

World Bank pumps in
US$137 million (about K232.9 billion) budgetary support

0

By Joseph Saukira, Snr Business Editor

Chakwera administration has been myopically demonized for implementing very tough but worthwhile measures aimed at restoring macroeconomic stability. The leadership was called all sorts of names for addressing fiscal, monetary and external sector imbalances, as stipulated in the new Extended Credit Facility with the International Monetary Fund (IMF), but here we are now, the World Bank Board of Executive Directors has approved the “Malawi First Growth and Resilience Development Policy Operation with Catastrophe Deferred Drawdown Option (Cat-DDO)”, a $137 million (about K232.9 billion) package which consists of an immediate release of $80 million to support reforms and recovery and a $57 million CAT-DDO that can be triggered in the event of a crisis.

The World Bank, through its Country Director for Malawi, Zambia, Zimbabwe, and Tanzania, Nathan Belete, has commended Chakwera administration for employing tough but necessary decisions to deal with the severe macro-economic crisis.

Minister Chithyola



“The World Bank applauds Malawi’s authorities for taking tough but necessary decisions to stabilize an acute macro-economic crisis. I am pleased the Bank is now able to respond with a substantial budget support operation that supports an ongoing program of reforms. The Bank will also continue to work closely with the authorities and all international partners to protect the poorest while pursuing a much- needed economic turnaround. Together, we must ensure this operation marks a turning point in the country’s economic fortunes,” says Belete.

On his part, the Minister of Finance and Economic Affairs, Hon Simplex Chithyola Banda welcomed the development and attributed it to the increased confidence that the World Bank and other donors have to Malawi for its efforts to reform the economy.

“This operation is a significant milestone in our ongoing reform journey. It shows the increased confidence that the World Bank has in our ongoing efforts to reform the economy and become a self-reliant, industrialized upper middle-income country by 2063,” said Chithyola Banda.

The approval of the ECF by the IMF has convinced multiple multilateral and bilateral donors to come to Malawi’s rescue as regards the restoration of the macroeconomic stability. Among other financial injections that are about to boost forex supply include the World Bank’s US$60 million Trade Finance Facility, the World Bank’s US$217 million in response to the fiscal reforms Malawi has implemented, the EU 70 million Euros in budget support, the African Development Bank’s US$30 million budgetary support and the World Bank US$250 million for Agricultural Commercialization Project (AGCOM).

Phalombe man arrested over fake currency possession

0

By Chisomo Phiri

Malawi Police in Phalombe are keeping in custody a 23-year-old Maxwell James for allegedly being found in possession of fake currency.

Public Relations Officer(PRO) for Phalombe Police Sergeant Jimmy Kapanga has told 247 Malawi News that on Saturday December 9,2023, the suspect visited Airtel and TNM Mpamba Kiosks at Mulomba Trading Centre to deposit cash amounting to K155, 000.00.

He says after the transaction was successfully done,James produced suspicious bank notes which the agent discovered were counterfeit.



“The matter was reported to Mulomba Police Unit, who rushed to the scene and arrested the culprit.

“When searched, he was found with fake bank notes in MWK 5, 000 denominations amounting to K 240, 000.00 bearing serial numbers CC 00600079,GA 06009109, AC 06088120, and GG 0670998,”says Kapanga.

Police have since seized the fake bank notes; pending verification by Reserve Bank of Malawi(RBM).

James who hails from Wahera Village, Traditional Authority(T/A) Chiwalo in the district is expected to appear in court to answer the charge leveled against him after completion of paper work.

Government upbeat to construct 900 health facilities

0

By Andrew Mkonda

Government has reaffirmed its commitment to construct 900 health facilities across the country so that people are able to access health service delivery within their locality.

Deputy Minister of Health, Halima Daudi made the remarks at Chiponde health centre in the area of Traditional Authority (TA) Chimutu in Lilongwe, Tuesday during the commemoration of Universal Health Coverage (UHC) day.

Hon Halima Daudi



Daudi said in the first phase, government is intending to construct 55 health facilities, of which 20 of them have already been completed and they are ready for use.

“We will be completing all health facilities that were abandoned by the previous regime because we do not want people to be walking long distance to access health services,” she said.

Daudi said it is sad that the country has been losing people to deaths especially pregnant women on their way to hospital for delivery.

She therefore, assured people of Chiponde that government will soon start completion works of Chiponde Health centre which stalled nine years ago.

World Health Organization (WHO) Representative in Malawi Dr. Neema Kimambo said there is need for collaborated effort so that the country achieves universal health coverage.

Kimambo said according to WHO recommendation, people are supposed to be within a five kilometer radius to the nearest health facility, but currently 75 percent of the people in the country walk more than eight kilometers to their nearest health facility.

She added that WHO is committed to work hand in hand with government in all its initiatives to attain effective universal health coverage across the country.

Chairperson for Universal Health Coverage (UHC), George Jobe commended government for the initiatives it has started undertaking such as recruitment of additional healthcare workers, procurement of some medical equipment such as Magnetic Resonance Imaging (MRI) scanner and several other efforts.

However, Jobe called on government to deal away with some challenges being faced in the health sector such as stock outs of some essential medicines and supplies.

Nankhumwa is a thief

As it is now, Kondwani Nakhumwa, estranged vice president of the Democratic Progressive Party (DPP) for the south, has stolen the Lhomwe political grouping and its leader Arthur Peter Mutharika is chasing him.

It is very clear now that battle lines have been drawn between the Mutharika and Nankhumwa camps. There is erosion of political unity in DPP.
The party is currently embroiled in a bitter internal struggle, with the rift between Nankhumwa and Mutharika taking centre stage.
One notable achievement of Nankhumwa is his ability to counterbalance APM. The former president’s faction is now consistently occupied with responding to the narratives introduced by Nankhumwa and his associates in the public sphere.

Since its birth, the DPP presidency has been perceived as the exclusive domain of the Mutharika family. Nankhumwa is advocating for a shift, asserting that it’s time to regard the party as a national grouping, inclusive to all, and not just limited to the Lhomwe community.
It’s intriguing to observe that the conflicting factions have resorted to legal avenues to resolve their political and ego-driven conflicts. Of course, some view Nankhumwa as a proponent of democratic principles within the political coalition, contrasting with those aligned with APM who seemingly are bent on making him the 2025 presidential candidate without subjecting him to a national convention.

Publicly, APM has declared that those aspiring for the partys presidency should exit the DPP and establish their political entity. Unfortunately, such statements only reinforce apprehensions that the DPP is perceived as exclusively “owned” by the Mutharikas.
The accusation that Nankhumwa has “stolen” the Lhomwe political grouping adds a new layer of complexity to an already tumultuous situation, transforming the once-mighty and progressive party into a retrogressive entity.

The unfolding drama within the DPP resembles a circus, complete with political acrobatics and juggling of alliances. The party, which once held a prominent position in Malawian politics, is now witnessing a disturbing erosion of unity.
The infighting threatens not only the party’s internal cohesion but also its ability to serve as a credible opposition force.

Being in opposition is a challenging position that demands unity, resilience, and a coherent strategy. The Malawi Congress Party (MCP), having experienced 26 years in opposition before returning to government, serves as a poignant example of the perseverance required in such circumstances.
The DPP’s internal strife, however, raises concerns about its ability to effectively fulfill the role of a robust opposition party. The impact of this internal discord extends beyond the party itself, affecting the broader political landscape in Malawi.

A weakened DPP may fail to provide the necessary checks and balances required for a healthy democracy. The country benefits from a strong opposition that can hold the ruling party accountable, ensuring a balanced political environment that prioritizes the needs and aspirations of the citizens.

In navigating these tumultuous waters, the DPP must address its internal conflicts promptly and constructively. Rebuilding trust, fostering open communication, and prioritising the greater good of the party and the nation should be paramount.

Journalists challenged to write more on WASH

0

by Moses Nyirenda

Water and Environmental Sanitation Network (WESNET) Executive Director Willies Mwandira has challenged journalists in the country to write more stories on issues concerning Water, Sanitation and Hygiene (WASH) in a quest to assist in addressing challenges affecting the WASH sector in the country.

Speaking on Tuesday at Capital Hotel in Lilongwe during media breakfast meeting for journalists under the banner ‘WASH Media Forum’, which was organized by WESNET, Mwandira said journalists have influence in promoting WASH related issues.


“As we all know that currently we are almost midway as we are approaching the year 2030 when we would like to achieve some Sustainable Development Goals (SDGs).

“For this reason, we feel media people are very critical when it comes to influencing some of the decisions from key authorities in terms of pushing the agendas on WASH,” Mwandira said.

Asked what prompted the media breakfast meeting, Mwandira said the meeting was organised to enhance the interaction among journalists who are passionate about writing WASH stories.

“The meeting was all about journalists who have got passion in Water, Sanitation and Hygiene in Malawi and they got a forum called WASH Media Forum and we thought that we should provide them an opportunity to interact as media practitioners on issues of water and sanitation in Malawi,” he said.

He also said that WESNET is eager to motivate journalists to write more on WASH, adding there will be awards for best WASH story writers, among other things.

Commenting on the matter, WASH Media Forum Chairperson Raphael Mweninguwe applauded WESNET for organising the media breakfast meeting.

“The meeting was important because it brought together a team of journalists from different media organisations that are passionate about writing WASH related stories.

“The breakfast meeting gave us a platform as journalists to interact and express some of the challenges that we are facing when we are doing our work,” Mweninguwe said.