Tag: Economy

Kamuzu Banda, Rose Chibambo, Inkosi Gomani II on Malawi’s new bank notes

Published on May 18, 2012 by FACE OF MALAWI

Malawi will have its founding president Ngwazi Dr Hastings Kamuzu Banda’s face on its new 1,000 Kwacha (about $11) banknotes […]

Govt changes growth rate to 4.3% from Mutharika’s 6.9%

Published on May 17, 2012 by FACE OF MALAWI

The government has changed the growth figure for 2011 to 4.3 percent from the initially proclaimed 6.9 percent that was […]

MRA scam: President sets up committee to probe Lipenga as board chair resigns

Published on May 16, 2012 by FACE OF MALAWI

Malawi President Joyce Banda disclosed on Wednesday in Lilongwe that she has instituted a special committee to probe Finance Minister […]

Businessman hires South African lawyer to prosecute ‘midnight 6’ coup plotters

Published on May 16, 2012 by FACE OF MALAWI

Businessperson Watson Katawa, who is suing six former Cabinet ministers for sedition and conduct likely to cause breach of peace […]

Malawi was run by gangsters

Published on May 15, 2012 by FACE OF MALAWI

When Balaka South MP George Nnensa drew the attention of the country to the greatest fraud of our time through […]

Malawi Police never questioned woman in whose presence Mutharika collapsed

Published on May 15, 2012 by FACE OF MALAWI

The Malawi Police Service disclosed that they failed to question a woman who was with the late President Bingu wa […]

PP dismiss reports that is ‘unhappy’ with New Cabinet

Published on May 15, 2012 by FACE OF MALAWI

Ruling Peoples Party (PP) of State President of the Republic of Malawi Mrs Joyce Banda has dismissed reports that are […]

United Democratic Front-UDF embarks on a sensitization campaign

Published on May 15, 2012 by FACE OF MALAWI

The United Democratic Front-UDF has embarked on a campaign sensitizing its supporters who have been mislead by some qurters following […]

Malawi Congress of Trade Unions-MCTU, Employers Association of Malawi-ECAM in talks with Malawi govt following devaluation

Published on May 15, 2012 by FACE OF MALAWI

The Malawi Congress of Trade Unions-MCTU is expected to engage in talks with government and Employers Association of Malawi-ECAM following […]

Chinese govt expected to hand over 90 million US Dollar five star hotel and Bingu Interconference centre

Published on May 15, 2012 by FACE OF MALAWI

The Chinese government is expected to hand over a 90 million US Dollar five star hotel and Bingu Inter-conference centre […]

I am ready to quit, if am implicated — Ken Lipenga

Published on May 15, 2012 by FACE OF MALAWI

Finance Minister Ken Lipenga says he has submitted his report to the President on the MRA revenue figures cook-up scandal, […]

Coup plot probe awaits Joyce Banda approval — Attorney General

Published on May 15, 2012 by FACE OF MALAWI

Minister of Justice and Attorney General Ralph Kasambara says the probe into Chief Justice Lovemore Munlo and other judges’ alleged […]

REVEALED!! Goodall Gondwe, Mulli dirty games exposed

Published on May 14, 2012 by FACE OF MALAWI

Ex-Minister of Natural Resources & Energy Goodall Gondwe and business tyrant Leston Mulli are reported to have influenced Malawi government […]

JB asked to launch an inquiry into events after Mutharika’s death

Published on May 14, 2012 by FACE OF MALAWI

The executive director of the human rights group Malawi Watch said President Joyce Banda should set up a commission of […]

State House under probe over K4 billion scam

Published on May 13, 2012 by FACE OF MALAWI

The State House is among several ministries and departments implicated in the K4 billion scam in which public officers are […]

Local businessmen want to meet Joyce Banda

Published on May 11, 2012 by FACE OF MALAWI

Following a meeting President Joyce Banda had with businessmen of Asian origin a few weeks ago, local business persons are […]

Malawi economy to recover in a year, says IMF

Published on May 11, 2012 by FACE OF MALAWI

The International Monetary Fund (IMF) says the economy would bounce back in a year’s time following the government’s economic reforms […]

Malawi President fires Mutharika’s brother, hires new cabinet

Published on April 27, 2012 by FACE OF MALAWI

Malawi’s new president has fired the late Bingu wa Mutharika’s brother, Peter and hired a sharp critic of her predecessor […]