Two of the country ’s prominent legal minds have faulted the Malawi Law Society (MLS) for proposing criminalising unfulfilled election campaign promises, saying the move is akin to seeking legal solutions to a political problem. In its communiqué dated March 24 issued at the end of the 2024 annual conference, MLS said criminalising politicians’ campaign
Old Mutual Investment Group (OMIG) says the feasibility study of its macadamia cracking machine project will be completed this year as it targets to export value- added products by 2026. OMIG managing director Mark Mikwamba said in an interview on Monday that its two macadamia ventures, Gala Investments in Mchinji and Jacoma in Kasungu are
The World Bank has slashed Malawi’s economic growth rate for 2024 to two percent from an earlier projection of 2.8 percent due to prolonged dry spell and the continued scarcity of foreign exchange. In its April 2024 Malawi Macro Poverty Outlook, the Bretton Woods institution has since warned that high inflation and food shortages will
Since independence in 1964, the Government of Malawi has aligned its development agenda with policies and strategies to improve its socio-economic landscape. Having implemented the Statement of Development Polices and the Poverty Alleviation Programme, among others, before independence, growth decelerated mainly due to external shocks. Malawi introduced Vision 2020 in the 2000s whose pillars were
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