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Mwanamveka calls for inclusive participation in 2026-2027  pre-budget consultations

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By Chisomo Phiri

Minister of Finance, Economic Planning and Decentralisation Joseph Mwanamveka has called for inclusive and constructive participation in the 2026-2027  pre-budget consultations from all stakeholders, emphasizing that the consultations are designed to listen to views and ideas that can contribute to transforming Malawi’s economy.

Speaking during the opening of the consultations at Bingu International Convention Centre (BICC ) in Lilongwe on Friday,Mwanamveka said government values evidence-based input that reflects national priorities and fiscal realities.

Mwanamveka



The minister noted that the consultations are being held against a backdrop of significant global, regional and domestic economic challenges, including foreign exchange shortages, high inflation, climate-related shocks and infrastructure constraints, which continue to affect the country’s economic performance.

On his part,Secretary to the Treasury, Cliff Chiunda, described the pre-budget consultations as a unique platform for stakeholders to contribute ideas on how the national budget can be used strategically to address the country’s current economic challenges.

He said the discussions offer an opportunity to shape policies that will help move the country forward amid prevailing economic pressures.

Chiunda acknowledged that the country continues to experience significant macroeconomic imbalances caused by both internal and external shocks.

He emphasised that the deliberations should therefore focus on practical ways of managing these challenges through prudent, disciplined and effective budget implementation.

Chiunda appealed to participants to submit constructive, solution-oriented proposals that will enrich the 2026-2027 budget formulation process.

He said such contributions are critical to ensuring the budget is technically sound, responsive to citizens’ needs, and supportive of economic stability and sustainable growth.

Similar meetings are expected to be held in the cities of Blantyre and Mzuzu.

Phiri urges LCC to improve city outlook

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By Chisomo Phiri

Minister of Local Government and Rural Development Ben Phiri has urged the Lilongwe City Council (LCC) to take advantage of ongoing public finance reforms to improve the city’s outlook and strengthen service delivery befitting Malawi’s capital.

Speaking in Lilongwe during a meeting with city council officials on Friday, Phiri encouraged the council to maximise revenue collection while ensuring that residents benefit from improved and efficient services.

Phiri


The minister said with the reformed Constituency Development Fund (CDF) now in place, the city has an opportunity to align its development planning with available resources to achieve meaningful and visible improvements.

In response, LCC Chief Executive Officer (CEO ) Macloud Kadam’manja said the council has implemented a revenue enhancement plan that has resulted in a 69 percent increase in revenue collection during the current financial year.

Kadam’manja added that the council has automated key services to improve efficiency, enhance transparency and maximise revenue collection.

Phiri has been touring local councils in the country alongside officials from the National Local Government Finance Committee (NLGFC) to share government policy direction and engage councils on challenges affecting local service delivery.

Mutharika urges newly sworn-in deputy ministers to tackle national challenges

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By Chisomo Phiri

President Arthur Peter Mutharika has challenged newly appointed Deputy Ministers to play an active role in addressing Malawi’s pressing national challenges, including climate-related disasters and economic recovery.

The president made the remarks on Friday at Kamuzu Palace in Lilongwe during the swearing-in ceremony of the new Deputy Ministers.

Mutharika with the new ministers



Mutharika said the appointments were aimed at reinforcing Cabinet capacity at a time when decisive leadership is required to safeguard the country’s development trajectory.

He emphasized that the oath of office obliges the Deputy Ministers to uphold the Constitution, respect the rule of law, and prioritise national interests in the execution of their duties.

The Malawi leader reiterated that his administration remains firmly committed to a people-centred approach to governance.

Referring to recent floods that have claimed lives and damaged critical infrastructure, Mutharika urged the appointees to work closely with their respective ministries to develop practical and sustainable solutions that would protect Malawi’s socio-economic progress.

He further warned the Deputy Ministers against engaging in corrupt practices, reaffirming his administration’s zero-tolerance stance on corruption, and called on them to demonstrate integrity, accountability, and professionalism in public service.

The Deputy Ministers, appointed on 5 January 2026, are Thoko Tembo (Agriculture, Irrigation and Water Development), Chipiliro Mpinganjira (Natural Resources), Edgar Tembo (Industrialisation, Business, Trade and Tourism), and Charles Chilambula (Health and Sanitation).

Mhango warns DRTSS officials against Corruption

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By Chisomo Phiri

Minister of Transport and Public Works Jappie Mhango has warned officials at the Directorate of Road Traffic and Safety Services (DRTSS) against engaging in corrupt practices during the enforcement of road safety regulations.

Mhango made the remarks in Lilongwe on Tuesday during his first meeting with DRTSS management since assuming office on Monday.

Jappie Mhango



The minister said corruption weakens efforts to improve road safety and urged officers to carry out their duties professionally and impartially, particularly when handling road accidents involving motorcycle taxis, commonly known as kabaza.

“The department has a duty to enforce road safety laws without compromise. Corruption only exacerbates the challenges we face on our roads,” said Mhango

On his part,DRTSS Director Madalitso Kuyera said the directorate is implementing measures aimed at reducing opportunities for corruption, including the opening of additional service branches to ease congestion, which often creates conditions for malpractice.

Kuyera added that the directorate has also rolled out a number of interventions to reduce road accidents, with special emphasis on incidents involving kabaza operators.

DRTSS is a government department responsible for regulating road traffic and promoting road safety.

Its core functions include vehicle registration and inspection, driver testing and licensing, enforcement of traffic regulations, and public road safety education.

The directorate also plays a key role in collecting motor vehicle–related revenues and advising government on road traffic policies aimed at reducing accidents and improving safety on Malawi’s roads.

NBM plc year-end interest credit excites customers

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By Linda Kwanjana

National Bank of Malawi (NBM) plc has once again drawn positive reactions from customers after sending the year-end interest credit, with many praising the bank for rewarding loyalty and consistent saving throughout 2025.

The response followed an announcement on the Bank’s official Facebook page, informing customers that all applicable interest would be credited to savings accounts, fixed deposit accounts and other interest-bearing accounts on December 31, 2025.

Akossa Hiwa



The post quickly attracted engagement and created a social media buzz, as customers took to the comment section to express appreciation describing the credit as a timely boost as the year comes to an end.

By December 31, the customers’ anticipation paid off, as they had their accounts credited with varying amounts based on their annual savings.

One customer, Grace Mbewe, said the interest credit motivates her to continue saving.

“This shows that being consistent really pays. Ending the year with interest credited into my account encourages me to save even more in 2026,” she said.

Another customer, Peter Gondwe, described the move as a sign that the Bank values its customers.

“It feels good to be rewarded for loyalty. This gives me confidence that my savings are growing with a Bank that appreciates its customers,” he said.

Commenting on the positive response, NBM plc Marketing and Corporate Affairs Manager Akossa Hiwa said the bank is pleased to see customers celebrating after being rewarded for their loyalty.

“The Bank exists because of its customers. Their continued trust in our services is important to us, and we remain committed to supporting their financial growth and providing a better banking experience,” said Hiwa.

Recently, the Bank also spread festive cheer through its ‘12 Days of Christmas’ initiative, which formed part of NBM plc’s broader K250 million festive season package that ran from December 5 to 22, 2025.

Beneficiaries under the initiative included health centres such as St Martins in Mwanza, Area 25 and Chilomoni, schools in Chazunda, Mpemba, Kasungu, Liwonde and Mzuzu, as well as community institutions including Wells of Joy Orphan Care and Makande Resource Centre for the visually impaired, among others.