| Africatime
Sunday 30 April 2017
(Zodiak Online 05/16/13)
A local political analyst has described as extravagance and insensitive the purchase of more than 50 vehicles valued in excess of K750 million by Malawi's ruling People’s Party at a time when the southern African country is going through tough economic times. Independent political analyst at the Institute for Policy Research and Social Empowerment Dr. Henry Chingaipe has faulted the secret sourcing of funds from the so-called well-wishers, saying this creates room for corruption and favoritism in awarding state contracts. “The most worrying thing is that this happened in the past two regimes. The secrecy surrounding party funding is a source of worry,” Dr. Chingaipe noted. While confirming the purchase of the vehicles, deputy publicity secretary of PP Ken Msonda...
(Zodiak Online 05/16/13)
The Lilongwe Magistrates Court on Wednesday referred to the High Court the perjury case in which Professor Peter Mutharika and three others are answering besides the main treason charge. Chief Resident Magistrate Ruth Chinangwa said her court has no jurisdiction to rule on whether the perjury case should be tried in the Magistrates and High courts simultaneously, throwing out the matter to the High Court to rule whether the state complied with the constitution in taking the case back to the magistrate’s court. Chief Resident Magistrate Chinangwa then gave the state 30 days to appeal on the matter. “The proceedings in this court regarding criminal cases number 383 to 386 of 2013 are stayed pending the decision and guidance from...
(Voice of America 05/14/13)
UNITED NATIONS — The United Nations Security Council pointed Monday to the connection between terrorism in Africa and organized crime, and called for a strengthened global response. The 15-member Security Council unanimously adopted a statement declaring its deep concern for what it calls the increasing violence perpetrated by armed groups, the number of which, it said, are growing in several regions and sub-regions of Africa. The council approved the statement during a discussion of the fight against terrorism in Africa. In expressing its concern about the connection between terrorism and transnational organized crime, and with illicit activities such as drugs, arms and human trafficking, the Security Council urged enhanced coordination to strengthen a global response. UN Secretary-General Ban Ki-moon told...
(Nyasa Times 05/13/13)
The mining sector is expected to increase by 20 percent the country’s gross domestic product (GDP) by the year 2016 when Malawi adopts mining as a complementary forex earner. This was revealed during the inauguration of a K3 million ZS-RZM helicopter, Airborne Geophysical Survey to be undertaken by an Australian company called NU Energy. The helicopter is meant to identify viable mineral beams in the country starting with chapananga in Chikhwawa and Nsanje. Speaking at the inaugural ceremony at Chileka International Airport in Blantyre on Monday Vice President Khumbo Kachali said government is committed to ensuring that the mining sector contributes significantly to GDP and foreign reserves. He said due to various mining policies which were being put in place...
(Nyasa Times 05/13/13)
The new UNDP Resident Representative to Malawi Ms Mia Seppo has assured President Dr Joyce Banda that her organisation will support the country’s Tripartite Elections in 2014. Seppo said she was aware of the pressure that the tripartite elections will present to the national budget. “There will be a UN managed trust which will house all the funds donors will pledge for the elections,” Seppo informed. She disclosed that the Department for International Development (DFID), Norway and Ireland were among those that had already pledged to support the Tripartite Elections. Seppo was speaking when she paid a courtesy call on President Banda at Kamuzu Palace in Lilongwe on Monday In her statement, the Malawi leader asked for support for the...
(Reuters (Eng) 05/10/13)
Africa's economic development is being held back by a "hemorrhage" of illicit financial flows, which may be getting worse, the African Development Bank said on Friday, calling for reforms to stem the losses. A draft report to be presented at the AfDB's annual meeting in Morocco later this month shows net resource outflows from Africa totaling up to $1.4 trillion over the 30-year period to 2009, far exceeding inflows to the continent. Illicit financial flows were "the main driving force" behind $1.2-1.3 trillion of the three-decade net drain, it said. This is about four times Africa's current external debt and almost equivalent to its current GDP. "The trend is continuing, it could even be increasing," AfDB Chief Economist Mthuli Ncube...
(News24 05/07/13)
Blantyre - Malawi President Joyce Banda is hailed by the international community as a courageous reformer, but those same economic reforms are making her increasingly unpopular at home. Thirty-year-old Wizi Lemani, who makes sandals on the side of the street from worn-out tyres, blames slow business on Banda's austerity drive and an IMF-inspired decision to devalue Malawi's currency. "Sales have been slow over the past year. Everybody says the president is to blame, she devalued the kwacha which has brought misery to poor people" he told AFP. Lemani said his income has plummeted to the equivalent of $100 a month, barely enough to pay for food, rent and transport for his wife and two children. Across the country it is...
(The Maravi Post 05/07/13)
BLANTYRE (MaraPost) -- Malawi President Joyce Banda has said she will not be bulldozed into signing the 'Table Mountain Declaration' that urges governments in Africa to abolish “insult laws” and set free press high on the agenda. "Being a woman does not mean that I'm daft," she told a political rally in the southern district of Balaka Monday. Relations between the media and Banda, who was described by the media as a breath of fresh air when she ascended to power in April last year following the death of her unpopular predecessor Bingu wa Mutharika, is worsening by the day. She recently said she stopped reading newspapers and watching television because the media was on the campaign to destroy her...
(Zodiak Online 04/30/13)
Lilongwe - Malawi's press freedom has come under fire after President Joyce Banda refused to sign a declaration promoting media rights. The Declaration of Table Mountain was signed in 2007 as a campaign to promote media freedom in Africa. Among those who endorse it are Archbishop Emeritus Desmond Tutu, with Niger's President Mahmadou Issoufou being the first statesman to sign it and closely followed by Liberia's Ellen Johnson-Sirleaf. The campaign was hoping Malawi's Joyce Banda would follow as her government promised to address media freedom in the country. However, according to the Media Institute for Southern Africa (Misa), she's declined to sign, blaming the institute for her predecessor's death. Bingu wa Mutharika died last year of a heart attack. According...
(Reuters (Eng) 04/30/13)
Economic development researchers on Monday unveiled a database of China's aid to Africa in an effort to work around Beijing's secrecy about the numbers, as a debate rages over the intentions and impact of Chinese assistance. The study and database by the Washington-based Center for Global Development and AidData, a research project, includes 1,673 Chinese development finance projects worth $75 billion in 50 African countries from the years 2000-2011. The Chinese figures, using standard measures of Official Development Assistance (ODA) and Other Official Finance (OOF), are roughly on par with U.S. aid to Africa during the same period, the Center for Global Development said. While official ODA from Western countries and some major developing countries is openly reported and easily...
(Reuters (Eng) 04/22/13)
African finance ministers told their rich nation counterparts at weekend meetings of the International Monetary Fund and World Bank to work harder and faster to kick-start their economies to avoid a prolonged slump that could undermine strong growth in the developing world. "We are concerned," Nigerian Finance Minister Ngozi Okonjo-Iweala said at the meetings of global finance leaders. "If we continue to see slow growth in the euro zone, which provides a large market for many African countries, and is coupled with a slowdown in emerging economies, then we will become more vulnerable," Okonjo-Iweala told a news conference of African finance ministers. "We need to insist that our partners in other parts of the world work harder and faster." Despite...
(Reuters (Eng) 04/15/13)
Sub-Saharan Africa's economic growth should accelerate to more than 5 percent over the next three years, far outpacing the global average, but the region must do more to convert this into reducing poverty, the World Bank said on Monday. In its latest Africa's Pulse analysis of prospects for the region, the bank saw increased investment, high commodity prices and a pick-up in the global economy driving this expected growth surge in the world's poorest continent. It said foreign direct investment (FDI) inflows to Sub-Saharan Africa were projected to increase to record levels each year over the next three years, reaching $54 billion by 2015. This compared to $37.7 billion in 2012, a 5.5 percent increase in a year when FDI...
(Reuters (Eng) 04/10/13)
Carlyle Group (CG.O) is looking at a number of banks in east and west Africa for a potential investment, its Africa co-head said on Wednesday, as the U.S. private equity firm focuses on the continent's growing consumer market. Carlyle, which last year invested in a pan-African grain trading firm, has recently signed a second deal, Marlon Chigwende also told the Reuters Africa Investment Summit. "Banking is very interesting today, and that is the general statement across a lot of sub-Saharan Africa," Chigwende told the Reuters Africa Investment Summit in Johannesburg. "Certainly, there are several opportunities of fast-growing banks, good management teams, interesting market positioning." Although private equity is still at a nascent stage in Africa, investor interest in the fast-growing...
( 04/10/13)
LILONGWE – The internationally acclaimed pop diva Madonna who arrived in the country last week through Kamuzu International Airport’s VIP terminal was stripped off her VIP status by authorities upon her departure after her ten day visit to the country. It is reported that there are some misunderstandings between the pop diva and President Joyce Banda which led to accusations by president Banda saying Madonna just came unannounced and proceeded to villages to open classrooms and made poor people dance for her. But Madonna’s philanthropic advisor, Trevor Neilson accused the president of being influenced by grudges of her sister, Mrs. Anjimile Mtila Oponyo who was fired by Madonna after misappropriating funds intended to build Madonna’s multimillion Raising Malawi Girl’s Academy...
(Voice of America 04/10/13)
Malawi’s information minister says the trial of former high ranking government officials accused of treason will begin Wednesday. Moses Kunkuyu says an independent inquiry committee recommended going ahead with the prosecutions after looking into circumstances following the death of former president Bingu Wa Mutharika. “Since the committee report was a public document, the law enforcement agencies detected some criminality committed by some individuals, so they acted on that, also coupled with the investigations by the police, which are still ongoing, and effected some arrests,” said Kunkuyu. Mutharika died of a heart attack on April 5, 2012. According to Malawi’s constitution, the vice president is to be sworn in following the death of a sitting president. The government contends that the...
(The Malawi Democrat 04/02/13)
LILONGWE-President Joyce Banda has said that Malawi was giving up on mediation efforts and would take to the courts to settle a long dormant border dispute with Tanzania which has been re-activated by prospects of an oil find. “Our view is that we should eventually go to court. We should not waste time on this (mediation),” Banda told reporters in Lilongwe on Monday after returning from visits to the US and Britain. She said the mediation bid left to Mozambique’s ex-president Joachim Chissano in his capacity as head of a forum of retired leaders from the regional bloc SADC, was “compromised because information submitted by Malawi was leaked to Tanzania”. She accused the executive secretary of the forum, John Tesha,...
( 04/02/13)
Malawi Foreign Affairs Minister Ephraim Mganda Chiume has confirmed that the much awaited Malawi and Mozambique electricity deal signing ceremony will take place in Malawi during the visit Mozambican President Armando Guebuza early April. Mozambique President is expected to visit Malawi from April 3 to 5, 2013. Once the deal is done, Malawi will pay Mozambique US$480,000 per month for its electricity. Initiated in 2008, the project failed to take off the ground because former president Bingu wa Mutharika argued that Malawi was too poor to afford the monthly bill. The shifting of the venue contradicts what Malawi Minister of Energy Ibrahim Matola said last month that the ceremony will take place in Maputo and not Tete as earlier announced...
(The Associated Press 04/02/13)
BLANTYRE, Malawi (AP) -- Local residents say that U.S. pop diva Madonna has arrived in Malawi for an unannounced visit. An aviation department worker said Madonna's jet landed at the Kamuzu International Airport in the country's capital, Lilongwe, early Monday. It was not clear if she came with her children. The aviation worker spoke on condition of anonymity because he did not have permission to speak to the press. The singer has previously stayed at the exclusive Kumbali Lodge in Lilongwe, and an employee there says all other guests were checked out. The employee spoke on condition of anonymity because he didn't have permission to speak to the press on the matter. Madonna adopted two children from Malawi. She promised...
(Zodiak Online 04/02/13)
LILONGWE: As Malawi struggles to fully implement the much touted diversification concept, over $US 25 (about K 9 billion) has since been invested in horticulture, whose proceeds is projected to surpass that of the entire tea industry. Malawi Mangoes is set to start producing a variety of fruits including Bananas in Salima for European Markets. The firm is set to start commercial trials in the final quarter of this year according to Director for Agriculture Operations Joshua Varela. Varela said taking advantage of the green belt initiative, the company would be generating in access of K 16 billion per annum. “The factory construction is expected to finish in September and we will start producing there and then. In November and...
(Reuters (Eng) 03/26/13)
"BRICS, Don't Carve Africa" reads a banner in a church hall in downtown Durban where civil society activists have gathered to cast a critical eye at a summit of five global emerging powers. The slogan evokes the 19th Century conference in Berlin where the predominant European colonial states carved up the African continent in a scramble historians see as epitomizing the brash exploitative capitalism of the time. Decades after Africans threw off the colonial yoke, it is the turn of the blossoming BRICS group of Brazil, Russia, China, India and South Africa to find their motives coming under scrutiny as they proclaim an altruistic-sounding "partnership for development, integration and industrialization" with Africa. Led by that giant of the emerging powers,...

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