Malawi faces harsh new taxes as government moves to stabilise a battered economy. Finance Minister Joseph Mwanamvekha cites unsustainable debt and a closed fiscal space, introducing levies on bank transfers, mobile money, winnings, insurance and cement to boost revenue.
Parliament has approved a $27 million OPEC Fund loan for the Jenda Water Project, paving the way for new water systems, improved sanitation, reforestation, and a faecal sludge facility—aimed at boosting clean water access and public health in the area.
Parliament has greenlit a €38 million EIB loan to speed up the rehabilitation of the M1, a key North–South Corridor route. Lawmakers say progress is already visible, calling the project vital for national connectivity and long-term infrastructure growth
Sharp divisions have erupted in Parliament over Malawi’s IMF and World Bank engagements, with the opposition accusing government of lacking transparency and a recovery plan, while Finance Minister Joseph Mwamvekha insists the international programmes safeguard national interests and will not harm Malawians.
The Democratic Progressive Party (DPP) has described the 2024-2025 mid -year budget statement as unrealistic and full of lies containing false promises.
The party’s Spokesperson...
Democratic Progressive Party Vice President for the Southern Region, Joseph Mathyola Mwanamvekha, has categorically denied the rumors circulating about his resignation describing them as...
Presidential candidate for the former governing Democratic Progressive Party (DPP), Joseph Mwanamvekha, has advised survivors of Tropical Cyclone Freddy to take proper care of their children and send them to school once schools open.
Democratic Progressive Party (DPP) presidential aspirant and member of Parliament for Chiradzulu South, Joseph Mwanamvekha, over the weeked visited and cheered up people affected by Tropical Cyclone Freddy in Mulanje South East.
