Malawi Cashgate report as compiled by Baker Tilly
Published on October 31, 2014 by Face of Malawi
Download and read the Audit Report here https://www.dropbox.com/sh/t2rmvn1afczhn1m/AADQ0noqrkM2Nsdghi5T6ycRa?dl=0
Tag: Economy
Malawi’s GDP may be understated by 40%
Published on October 16, 2014 by Face of Malawi
Malawi’s economy may be understated by as much as 40 percent, according to Finance Minister Goodall Gondwe. “The methodology that […]
Malawi speaking to International Monetary Fund to resolve budget deficit
Published on October 7, 2014 by Face of Malawi
Malawi has approached the International Monetary Fund to bankroll its budget deficit. The country recently passed a zero aid budget […]
Malawi performance update for September 2014
Published on October 1, 2014 by Face of Malawi
Tuesday 2nd September 2014 to Tuesday 30th September 2014 Indices Indices Index Close Open Points % High Low YTD YOY […]
Malawi president rejects ministers’ 600% pay-hike bid
Published on August 26, 2014 by Face of Malawi
Malawian President Peter Mutharika has shot down a proposal to hike cabinet ministers’ pay to almost triple his own salary, […]
Malawi Stock Exchange performance update for week ending Friday 22nd August 2014
Published on August 22, 2014 by Face of Malawi
Monday 18th August 2014 to Friday 22nd August 2014 Indices Index Close Open Points % High Low YTD YOY Domestic […]
Industrialization and global Value chains in Malawi
Published on August 22, 2014 by Face of Malawi
Malawi’s economy is highly undiversified, rendering it vulnerable to exogenous shocks. The export basket consists mainly of primary commodities. The […]
World Bank and Malawi inks two loan deals, worth MK34 Billion
Published on August 22, 2014 by Face of Malawi
Two loan deals, worth MK34 billion (about US$83.8 million) has been inked by the World Bank and Malawi, aimed at toughening the social safety […]
Malawi achieving sustained growth and inclusive
Published on July 1, 2014 by Face of Malawi
Malawi is among the least developed countries. In line with the improvement of production, growth accelerated in 2013 (5%) and should […]
Peter Mutharika must win back donor support by showing he is more than just Bingu’s brother – By Frank Jomo
Published on June 30, 2014 by Face of Malawi
Three weeks into his first term in office, Malawi’s new leader Peter Mutharika finally named the 20-member cabinet he promised […]
President Mutharika vows crackdown on graft
Published on June 23, 2014 by Face of Malawi
Malawi’s new President Peter Mutharika on Tuesday vowed to crack down on corruption after a multi million dollar graft scandal […]
Malawi President Peter Mutharika vows to crack down on corruption
Published on June 18, 2014 by Face of Malawi
Malawi’s President, Peter Mutharika, said there will be no ‘sacred cows’” or ‘untouchables’ in his administration when it comes to fighting […]
Will the new government and local councils improve service delivery in Malawi?
Published on June 14, 2014 by Face of Malawi
Local administration and service provision are failing in Malawi. Overall human development indicators have improved in the past couple of decades (e.g. […]
Why Joyce Banda lost Malawi’s presidency
Published on June 9, 2014 by Face of Malawi
On Sunday May 18, 2014 just two days before Malawians went to polls, the Malawi director of information asked me […]
Crime down and revenue up in Colorado since start of marijuana legalization
Published on June 6, 2014 by Face of Malawi
The great green experiment underway in Colorado is continuing to yield considerable results after five full months of marijuana legalization, […]
I’m ready to step down, says Joyce Banda
Published on May 30, 2014 by Face of Malawi
Malawian President Joyce Banda said on Thursday she is ready to step down if the High Court ratifies a disputed election last […]
Malawi’s election: What a job!
Published on May 28, 2014 by Face of Malawi
ON A plot next to the ultra-modern parliament building in Lilongwe is a shrine to Hastings Kamuzu Banda, who ruled […]
Govt to audit road projects
Published on April 15, 2014 by Face of Malawi
Roads authorities are calling for bids from potential consultants to conduct an audit exercise on all government funded road projects […]