Thursday, April 18, 2024

Featured Video

Latest Stories

Top 10 Music

Upcoming Events

Zomba City Festival

Fri, 26 Apr 2024 10:00:00 UTC @ Botanic Garden - 2024 Zomba City Festival is schedulled to take place on 26 to 28 April at Botanic Garden in Zomba This is a festival for all ages in the historic mountain city of Zomba. Celebrate Cultu... More Info
Njuchi Day

Sat, 27 Apr 2024 10:00:00 UTC @ New Village House (Kampala Manase) - Elinationa And No Limit Presents Njuchi Day Music show with Njuchi Zitatu. The show will take place at New Village House in Manase on 27 April 2024 and it will have music performances b... More Info

Banda must fix Malawi economy – Adviser

Joyce Banda, who marked her first week as Malawi’s president Saturday, needs to shore up the country’s economy, a former president said.

Bakili Muluzi, who served as president from 1994 to 2004, said shortages, low incomes and other economic woes should be Banda’s top priority, Voice of America reported.

“We need to address issues of economy first so that people can breathe some air. The last three years have been very difficult,” he said.

Malawi, a landlocked country in southeast Africa that was once the British colony of Nyasaland, is one of the world’s poorest countries. Banda became president after the unexpected death of Bingu wa Mutharika, who had been president since 2004.

Mike Banda, head of the Malawi Economic Justice Network, said the new president also needs to repair Malawi’s relationship with major international donors, including the International Monetary Fund. The country is heavily dependent on aid for its efforts to expand its economy beyond agriculture.

Banda, at a news conference Tuesday, said she is optimistic about increasing aid.

Subscribe to our Youtube Channel:

Related Posts

1 COMMENT

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles