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Showing posts from October, 2023
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 TOWARDS THE ECONOMIC BRINK... By Joseph Kayira | 13 October 2023 A few days ago, in a mini-Cabinet reshuffle, President Lazarus Chakwera appointed his former minister of trade and industry, Simplex Chithyola, to head treasury. It is a move that has surprised many. However, the appointment of Chithyola as finance minister should be the least of our problems. To a larger extent, Malawi’s problems go beyond cabinet appointments. The good thing is that Chithyola will not be working in isolation. There is a whole lot of technocrats at treasury who will be guiding him on implementation of financial and monetary policy. We can only wish him well in this daunting task. Chithyola: The new Minister of Finance  (Photo Credit: Leyman Publications) What Malawians should be wary of is the state of our economy and the failure to decisively deal with problems that stand in the way of economic growth and development. For some time now, Malawi has had issues with the Bretton Woods institutions...