Tag: ministry of finance

MALAWI SIGNS A FINANCIAL DEAL OF 35 BILLION WITH GERMANY

Published on June 28, 2024 by Alice Mazinga

Malawi and Germany have signed a financing agreement for additional funding of EUR 19 million (approximately K35 billion) to support […]

GOVT ADJUSTS ALLOWANCES FOR STUDENTS IN PUBLIC UNIVERSITIES

Published on March 26, 2024 by Alice Mazinga

Minister of Finance, Chithyola Banda has announced that the allowances for students in public institution of higher learning has been […]

2022/2023 NATIONAL BUDGET: Getting to Know what is Dubbed ‘People-Centred’ Budget

Published on February 19, 2022 by Chisomo Kambale

Finance minister Sosten Gwengwe on Friday presented a pro-poor budget statement that saw the removal of value-added taxes on cooking […]

All Set for 2022/2023 Budget Presentation

Published on February 18, 2022 by Chisomo Kambale

All is set for finance minister, Sosten Gwengwe to present the 2022/2023 budget today. According to Williams Banda, spokesperson for […]

FUEL PRICES EXPECTED TO RISE FROM NEXT WEEK

Published on November 3, 2014 by FACE OF MALAWI

There is a strong speculation that fuel prices will rise prior to the meeting of a special committee  from Ministry […]

COMMERCIAL BANKS TO BE CAUTIOUS AS THEY MIGHT BE ASKED TO HAVE US$5 MILLION MINIMUM CAPITAL REQUIREMENT DUE TO KWACHA INFLATION

Published on October 27, 2014 by FACE OF MALAWI

Reserve Bank of Malawi (RBM) Governor Charles Chuka was speaking in Mangochi on Saturday when he made a presentation during […]

RBM Governor, Chief Secretary summoned by PAC to give cashgate updates

Published on October 23, 2014 by Face of Malawi

The Public Accounts Committee(PAC) of Malawi parliament has summoned the Reserve Bank of Malawi (RBM) and the Chief Secretary to […]

DELAYS AS PUBLIC OFFICERS ARE GIVEN AN EXTRA 3 MONTHS TO DECLARE THEIR ASSETS

Published on October 1, 2014 by FACE OF MALAWI

Public offices holders have been given up to December 31, to declare their assets to the Directorate of Assets Declaration. […]

MK 737B OUT 743B OF THE 2014/2015 NATIONAL BUDGET NOW APPROVED

Published on October 1, 2014 by FACE OF MALAWI

The National Assembly on Monday passed the 2014/15 national budget with amendments to some votes. The 737billion kwacha budget has […]

BUDGET AND FINANCE COMMITTEE NOT READY TO PRESENT ITS RESPONSE TO THE 2014/2015 BUDGET STATEMENT

Published on September 17, 2014 by FACE OF MALAWI

National speaker of Assembly Richard Msowoya on Monday urged members of parliament to adhere to Parliamentary standing Orders that stipulate […]

NUMBERS SHOW THAT PEOPLE TO FACE FOOD SHORTAGE IN THE COUNTRY IS LOW

Published on September 10, 2014 by FACE OF MALAWI

Ministry  of  Finance, Economic Planning  and  Development says only 640,000  people  in 19 districts of the country will  face food  […]

State House fires over 120 supporting staff, Min of Finance cautions govt over move

Published on September 1, 2014 by Face of Malawi

With less than 100 days in office, the Democratic Progressive Party (DPP) led government has been sacking what it believes […]

MUTHARIKA TO TURN ZOMBA STATE HOUSE TO A REFERRAL HOSPITAL

Published on September 1, 2014 by Robert Ngwira

As the Government continues with its austerity measures, Ministry of Information, Tourism and Culture has disclosed President Professor Peter Mutharika’s […]

MPs SALARY INCREASED BY 100 PERCENT

Published on July 21, 2014 by Robert Ngwira

Malawi National Assembly members have silently raised their monthly salary by 100 percent making them to go away with 1.2 […]

IMF MISSION TO DATE MALAWI ON SUNDAY

Published on July 5, 2014 by Robert Ngwira

International Monetary Fund (IMF) high level Mission will arrive in the country tomorrow Sunday to fund out how the country’s […]

CIVIL SERVICE PENSION FUND ON THE GO

Published on June 25, 2014 by FACE OF MALAWI

The Ministry of Finance expects to roll out the Pension Fund, pursuant to the Pensions Act, in the upcoming government […]

PARLIAMENTARY ACCOUNTS COMMITTEE SENDS BACK FORENSIC AUDIT REPORT

Published on February 27, 2014 by FACE OF MALAWI

The Parliamentary Accounts Committee (PAC) has sent back the forensic audit report to the auditor general arguing that it is […]

JB slams Finance Minister Mkwezalamba’s austerity measures

Published on November 14, 2013 by FACE OF MALAWI

President Joyce Banda has come out flat out declaring war against her own technocrat finance minister, Maxwell Mkwezalamba, and the […]