Tag: Economy

Joyce Banda lied that economy would recover in 18 months

Published on January 31, 2013 by FACE OF MALAWI

President Joyce Banda is not an economist. She also has never managed anything that gave her knowledge or experience of […]

Zimbabwe has $217 left in the bank according to its Finance Minister Tendai Biti

Published on January 30, 2013 by FACE OF MALAWI

After paying public workers’ salaries last week, the balance in cash-strapped Zimbabwe’s government public account stood at just $217, Finance […]

Float Salaries, Kabwila Blasts JB on Crumbling Economy

Published on January 28, 2013 by FACE OF MALAWI

Malawi’s vocal academic freedom and human rights activist Jessie Kabwila has mockingly asked the government to also float people’s salaries […]

Economic Recovery Plan on track, says Gondwe

Published on January 23, 2013 by FACE OF MALAWI

Malawi’s Minister of Economic Planning and Development Goodall Gondwe says the Economic Recovery Plan (ERP) is on course, saying most […]

Malawi lacks strategic leadership, says Public Affairs Committee

Published on January 22, 2013 by FACE OF MALAWI

After shocking the nation last year by proclaiming during its second All-inclusive Stakeholders Conference that Malawi lacks leadership, on Friday […]

Govt asked to review FISP spending

Published on January 21, 2013 by FACE OF MALAWI

The US ambassador to the UN Food and Agriculture organization has advised the Malawi government to review its spending on […]

Hope fades as economy squeezes Malawians

Published on January 14, 2013 by FACE OF MALAWI

As Malawians continue to groan under the yoke of economic reforms, pessimism clouds their outlook for 2013 as hope fades […]

Cost of living soar by 20% in 2012 thanks to Bingu wa Mutharika policies

Published on January 14, 2013 by FACE OF MALAWI

Malawi’s Centre for Social Concern (CfSC) has said the average cost of living for a low-income family in cities rose […]

Top ten reasons to oppose the IMF

Published on January 11, 2013 by FACE OF MALAWI

What is the IMF? The International Monetary Fund and the World Bank were created in 1944 at a conference in […]

‘Malawi full of selfish leaders’ says economic commentator Henry Kachaje

Published on January 10, 2013 by FACE OF MALAWI

One of the country’s renowned economic commentators has said Malawi is full of selfish leaders at all levels who are […]

Fuel shortages in Malawi: Running on empty

Published on January 9, 2013 by FACE OF MALAWI

Cars snaked around the petrol station and back down a dusty street in Mzuzu, a town in northern Malawi. Pedestrians […]

IMF Chief Grilled by Parliamentarians Over Economic Policies

Published on January 9, 2013 by FACE OF MALAWI

Christine Lagarde, International Monetary Fund (IMF) Managing Director was recently quizzed by Members of the Malawi National Assembly who claimed […]

International Monetary Fund commits to the development of Malawi

Published on January 8, 2013 by FACE OF MALAWI

Christine Lagarde, head of the International Monetary Fund, arrived in Malawi on 5 January 2012 to assure support for the […]

Malawi MPs quiz IMF Chief

Published on January 8, 2013 by FACE OF MALAWI

Members of Parliament Saturday met with the visiting International Monetary Fund (IMF) Managing Director, Christine Lagarde, where they expressed their […]

Malawians blame late Bingu wa Mutharika for the economic hardships

Published on January 8, 2013 by FACE OF MALAWI

He has been gone since April, but the ghosts of Bingu wa Mutharika are very much around for Malawians who […]

IMF Managing Director Christine Lagarde confident Malawi reforms will turn economy around

Published on January 8, 2013 by FACE OF MALAWI

International Monetary Fund (IMF) Managing Director Christine Lagarde is confident that the ongoing reforms in Malawi will turn the economy […]

We underestimated reforms impact, says Joyce Banda

Published on January 7, 2013 by FACE OF MALAWI

Malawi President Joyce Banda has told the IMF that her administration underestimated the impact of economic reforms currently being implemented […]

Kwacha down by 107% since May

Published on January 3, 2013 by FACE OF MALAWI

The Malawi kwacha exchange rate to the United States dollar closed the year 2012 at an average price of K346, […]