Sosten Gwengwe

Experts react to Chakwera’s cabinet reshuffle: Too little, too late?

President Dr. Lazarus Chakwera has appointed Peter Dimba as the new Minister of Labour replacing Engineer Vitumbiko Mumba, who had earlier been appointed as the new Minister of Trade and Industry.

Vendors demand answers on rising cost of living

On Tuesday, Lilongwe vendors stormed Parliament to petition lawmakers on the acute shortage of forex and the skyrocketing prices of goods and services which...

Govt revokes Kaunjika wholesaler licences, assures Malawians of economic measures

The Malawi Government has revoked all business licenses for wholesale traders importing second-hand clothing bales, ordering them to halt operations immediately until they reapply for registration.

Malawians urged to promote SMEs

Minister of Trade and Industry, Sosten Gwengwe has urged Malawians to promote Small and Medium Enterprises (SMEs) and cooperatives by buying their products.

Minister Gwengwe attributes cement scarcity to forex shortage

Minister of Finance and Economic Planning, Sosten Gwengwe, has disclosed that the shortage of foreign currency is the major factor contributing to the scarcity of cement in Malawi.

MPs authorize government to borrow MK105bn for Lake Malawi Water Supply Project

In a significant move that will bolster the water supply system in Lilongwe City, the Malawi Parliament has passed a Bill authorizing the government to borrow K105 billion from two local commercial banks.

Minister Gwengwe assesses impact of Cyclone Freddy on Malawi’s roads

The Minister of Finance and Economic Affairs Sosten Gwengwe on Tuesday took a tour of the roads in Chikwawa, Thyolo and Mulanje to appreciate the extent of the damage Tropical Cyclone Freddy has made.