Chewas demand Phoya apology
Monday, April 30, 2012 - 21:06, by Mabvuto Jobani
Justin Malewezi, chairman of the Chewa Heritage Foundation, has asked newly appointed Minister of Lands, Housing Henry Phoya to apologise for offending Chewas on Friday when he justified why he left Malawi Congress Party( MCP) to join People’s Party – the ruling party.
Phoya last Friday said he left MCP because he was told to go to Gule Wamkulu camp for initiation because only those who are initiated to Gule Wamkulu join the party.
Gule Wamukulu is a big masked Chewa dance widely believed to be associated with magic.
“We are asking Phoya to apologise to us, the Chewas,… ( Read on! )
Malawi asks for new IMF aid programme
Saturday, April 21, 2012 - 15:54, by Mabvuto JobaniBy Mabvuto Banda
WASHINGTON (Reuters) – Malawi has requested a new financing program from the International Monetary Fund necessary to unlock needed aid from Western donors, a senior IMF official said on Friday.
The IMF’s mission chief to Malawi, Tsidi Tsikata, told Reuters discussions on IMF support had begun on the sidelines of meetings of the IMF and World Bank in Washington.
He said an IMF mission would travel to Malawi before the end of May to discuss details of an economic program, which would be supported by an IMF loan.
The IMF had suspended a three-year $79 million loan after the… ( Read on! )
FDI in Africa jumps by 25 pct
Friday, April 20, 2012 - 21:07, by Mabvuto JobaniEconomic and social conditions are improving in Africa with maternal deaths falling by 26 percent, and HIV infections stabilising good news to a continent which rarely hits headlines for achievements made
These are not the only encouraging indicators the continet is showcasing on the global stage.
According to the World Bank, foriegn direct investment jumped by 25 percent to an estimated $35.6 billion, after declining sharply in 2011 and 2010.
“The business climate is also improving and favourable economic prospects are attracting investment inflows in telecommunications, real estate, and… ( Read on! )
FDI in Africa jumps by 25 pct
Friday, April 20, 2012 - 21:07, by Mabvuto JobaniEconomic and social conditions are improving in Africa with maternal deaths falling by 26 percent, and HIV infections stabilising good news to a continent which rarely hits headlines for achievements made
These are not the only encouraging indicators the continet is showcasing on the global stage.
According to the World Bank, foriegn direct investment jumped by 25 percent to an estimated $35.6 billion, after declining sharply in 2011 and 2010.
“The business climate is also improving and favourable economic prospects are attracting investment inflows in telecommunications, real estate, and… ( Read on! )
World Bank says jobs shifting from East Asia to Africa. Is Africa ready?
Friday, April 20, 2012 - 16:15, by Mabvuto JobaniThe World Bank says opportunities for job creation are emerging for Africa as East Asia is shedding manufacturing jobs because of fast rising labuor costs.
African policymakers are keen to seize this opportunity and take the agenda forward at the country level.
How can governments help the private sector develop labuor-intensive industries that capitalize on country endowments and tap an economy’s comparative advantage?
Mabvuto Jobani
Mabvuto Banda is an award winning Malawian journalist working for the country’s leading newspaper group -NPL. (Read on!)
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