FUEL PRICES EXPECTED TO RISE FROM NEXT WEEK
There is a strong speculation that fuel prices will rise prior to the meeting of a special committee from Ministry of Finance, Reserve Bank of..
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COMMERCIAL BANKS TO BE CAUTIOUS AS THEY MIGHT BE ASKED TO HAVE US$5 MILLION MINIMUM CAPITAL REQUIREMENT DUE TO KWACHA INFLATION
Reserve Bank of Malawi (RBM) Governor Charles Chuka was speaking in Mangochi on Saturday when he made a presentation during the 2014 Financial Market Dealers..
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RBM Governor, Chief Secretary summoned by PAC to give cashgate updates
The Public Accounts Committee(PAC) of Malawi parliament has summoned the Reserve Bank of Malawi (RBM) and the Chief Secretary to government, George Nkondiwa to give..
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DELAYS AS PUBLIC OFFICERS ARE GIVEN AN EXTRA 3 MONTHS TO DECLARE THEIR ASSETS
Public offices holders have been given up to December 31, to declare their assets to the Directorate of Assets Declaration. Assets Director Christopher Tukula said..
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MK 737B OUT 743B OF THE 2014/2015 NATIONAL BUDGET NOW APPROVED
The National Assembly on Monday passed the 2014/15 national budget with amendments to some votes. The 737billion kwacha budget has now been approved and adopted..
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BUDGET AND FINANCE COMMITTEE NOT READY TO PRESENT ITS RESPONSE TO THE 2014/2015 BUDGET STATEMENT
National speaker of Assembly Richard Msowoya on Monday urged members of parliament to adhere to Parliamentary standing Orders that stipulate that Members should stand and..
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NUMBERS SHOW THAT PEOPLE TO FACE FOOD SHORTAGE IN THE COUNTRY IS LOW
Ministry of Finance, Economic Planning and Development says only 640,000 people in 19 districts of the country will face food shortage in the 2014/15 consumption..
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State House fires over 120 supporting staff, Min of Finance cautions govt over move
With less than 100 days in office, the Democratic Progressive Party (DPP) led government has been sacking what it believes are opposition sympathizers in different..
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MUTHARIKA TO TURN ZOMBA STATE HOUSE TO A REFERRAL HOSPITAL
As the Government continues with its austerity measures, Ministry of Information, Tourism and Culture has disclosed President Professor Peter Mutharika's plans to turn Zomba State..
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MPs SALARY INCREASED BY 100 PERCENT
Malawi National Assembly members have silently raised their monthly salary by 100 percent making them to go away with 1.2 million every month. Apart from..
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IMF MISSION TO DATE MALAWI ON SUNDAY
International Monetary Fund (IMF) high level Mission will arrive in the country tomorrow Sunday to fund out how the country's economy is currently fairing. Ministry..
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CIVIL SERVICE PENSION FUND ON THE GO
The Ministry of Finance expects to roll out the Pension Fund, pursuant to the Pensions Act, in the upcoming government financial year and a fund..
Read MorePARLIAMENTARY ACCOUNTS COMMITTEE SENDS BACK FORENSIC AUDIT REPORT
The Parliamentary Accounts Committee (PAC) has sent back the forensic audit report to the auditor general arguing that it is not fulfilling what they expected...
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JB slams Finance Minister Mkwezalamba’s austerity measures
President Joyce Banda has come out flat out declaring war against her own technocrat finance minister, Maxwell Mkwezalamba, and the austerity measures the minister announced..
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Finance Minister suspends local and foreign travels of public servants including JB
Finance Minister, Maxwell Mkwezalamba, has announced today that with immediate effect government has suspended all trips of public servants including the President herself who has..
Read MoreDissapointed citizen’s letter to the State President on Finance minister
Letter to the President. Dear Madam Joyce Banda H.E In am convinced that there is something seriously wrong going on between your Excellency and Dr...
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Malawi judicial staff gives govt 14 days ultimatum on salary hike: Threatens to shut down courts
The Judiciary support staff has given government a 14 days ultimatum to hike their salaries or face the indefinite strike until their demands are met...
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Finance Minister Lipenga under fire over US$76m Apollo contracts
Finance Minister Ken Lipenga faces new calls to resign and pave way for investigation after being accused of using his influence to award a US$76.2..
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