Tag Archives: Malawi’s forex crisis

Mutharika won’t be intimidated: MCP must answer for crisis they created

By Dickson Kashoti

President Professor Arthur Peter Mutharika is not a man who governs by ultimatums, threats, or political blackmail.

He remains unshaken, resolute, and firmly in control—despite a hollow 48-hour ultimatum issued by officials from the Malawi Congress Party yesterday.

Let it be stated without apology: Malawi is in crisis. But this crisis is not new—and it did not fall from the sky.

It is the direct consequence of reckless governance, economic vandalism, and systemic looting under the MCP administration.

The same Malawi Congress Party that is today pretending to be a voice of concern is the very architect of the collapse they now seek to politicise.

Malawians are not fools.
They remember the fuel queues.
They remember the darkness from endless blackouts.
They remember dry taps.
They remember the empty shelves, the suffocating cost of living, and the humiliation of a nation brought to its knees—not by external forces, but by its own leaders.

Nothing captures this betrayal more brutally than the scandal of the missing 27 million litres of fuel donated by the Democratic Republic of the Congo.

Thirty million litres were given to Malawi as a lifeline. Only 2.3 million litres can be accounted for. The rest—27 million litres—disappeared into thin air.

This was not incompetence. This was not mismanagement. This was organised plunder.

This was theft on an industrial scale—an unforgivable act of economic sabotage carried out while ordinary Malawians slept in fuel queues for days.
While citizens suffered, a cartel of politically connected elites allegedly turned humanitarian aid into a private cash machine.

And today, those same individuals—or their political sponsors—have the audacity to issue ultimatums?
They should be answering questions—not issuing threats.

On foreign exchange, the situation is equally damning. President Mutharika inherited an economy on life support, with depleted reserves at the central bank—a problem worsened catastrophically under Lazarus Chakwera.

Instead of stabilising the economy, the Chakwera administration drove it deeper into crisis through incompetence, poor judgment, and reckless experimentation.

The appointment of an unqualified and incompetent Finance Minister was not just an error—it was an act of economic negligence.

The disastrous 44 percent devaluation of the Kwacha—undertaken under the watch of the International Monetary Fund programme—crippled households overnight, sending prices soaring and crushing already struggling families.

And when the IMF walked away, citing fiscal indiscipline and uncontrolled spending, the truth became undeniable: the government had completely lost control.
Let us be clear—this is not leadership. This is failure.
Total failure.

Now, having presided over one of the most painful economic declines in recent history, the MCP wants to posture as saviours?
They want to shout from the rooftops and pretend they have answers?
Malawi deserves better than this hypocrisy.

If the MCP has solutions, let them present them.
If they have ideas, let them debate them.
But they must stop insulting the intelligence of Malawians with empty ultimatums and recycled rhetoric.
Leadership is not noise. Leadership is responsibility.

In contrast, President Mutharika is doing the real work—quietly, deliberately, and decisively.
No theatrics. No empty slogans. No desperate attempts to score political points.

His administration has already moved into action—tightening fiscal discipline, restructuring debt, and implementing pragmatic economic measures to stabilise the Kwacha and restore confidence.

These are not campaign slogans. These are hard decisions.
This is leadership.

Even in opposition, voices such as Dalitso Kabambe and Atupele Muluzi have demonstrated maturity—criticising where necessary, but also offering alternatives.
That is what responsible politics looks like.
Not threats. Not ultimatums. Not propaganda.

Malawi stands at a critical crossroads.
This is not a time for political games.
This is not a time for those who broke the system to pretend they can fix it.
This is a time for steady leadership, difficult decisions, and national unity.
President Mutharika will not be distracted.
He will not be intimidated.
And he will not be lectured by those who drove this country into the ground.

Malawi will recover—not through noise, but through discipline, leadership, and accountability.

And history will judge—very harshly—those who chose greed over country when Malawi needed them most.

Ndiope ndani?

Malawi finance Mwanamveka allegedly caught in forex black market trading

….Takes allegations lightly….

BLANTYRE-(MaraviPost)-Finance Minister Joseph Mwanamveka is facing mounting scrutiny after failing to directly address detailed allegations by social media activist and lawyer Alex Kamangila linking him to black market foreign exchange dealings.

Kamangila alleges that Mwanamveka handled millions of dollars outside formal banking systems, including an alleged US$8 million transaction, raising serious questions about abuse of access to scarce foreign currency.

While no public evidence has yet been produced, the claims have struck a nerve in a country grappling with a deep forex crisis.

Mwanamveka’s response has been swift but narrow.

“I don’t comment on gossip and ill intentioned political propaganda. It is unhelpful and time wasting,” he said, offering a blanket dismissal without engaging the substance of the allegations.

That response has left a gap—one that is quickly being filled by public suspicion.


The core issue is not just the denial, but the absence of detail.

Mwanamveka has not explained whether such transactions are possible within his office, whether he had any contact with the alleged deals, or why the specific figures mentioned should be dismissed outright.

In a strained economy where businesses are failing to access forex through official channels, the suggestion that large sums may be circulating outside the system is explosive.

For many, the allegations align with lived realities of scarcity, making the minister’s silence on specifics more damaging than the claims themselves.

The situation is further complicated by political undertones.

Mwanamveka is a senior figure in the Democratic Progressive Party (DPP) and is widely viewed as positioning himself for future leadership, potentially succeeding former president Peter Mutharika.

This has turned the controversy into more than just an economic issue—it is now a test of political credibility.

Additional claims that the minister is backed by coordinated social media voices defending his image—though unproven—are reinforcing perceptions of a carefully managed public narrative rather than open accountability.

At this stage, three facts stand out: serious allegations have been made, they have not been backed by verifiable evidence, and the minister has not provided a detailed rebuttal.

That combination is keeping the story alive.

For Mwanamveka, the risk is clear. A simple dismissal may protect him politically in the short term, but without directly confronting the claims, it leaves him appearing unprepared and exposed in the face of a fast-moving public controversy.

In the current climate, where trust in institutions is fragile and economic pressure is high, perception is hardening quickly.

And right now, the perception is that the minister has not fully answered the case against him.

Opposition leader Chaponda wants Chakwera in Parliament to address fuel, forex crisis

LILONGWE-(MaraviPost)-As Parliament prepares to reconvene on Monday,for the 6th meeting of the 50th session to review the 2024-2025 budget, Leader of the Opposition (LOP) George Chaponda has called for President Chakwera to appear before the August House to address matters of national importance.

Some of the key issues Chakwera needs to address including fuel and forex crisis, economic recovery, fertilizer shortages, corruption, hunger, human rights concerns, late vice president Saulos Chilima’s plane clash inquiry progress among others.

Addressing the news conference on Friday, November 22, Chaponda stated that the current administration has been marked by reckless spending and excessive borrowing, leading to the crippling of the economy.

He expressed concern over the ongoing fuel crisis, the shortage of fertilizer within the Affordable Inputs Program, alarming levels of corruption, widespread hunger, and a blatant disregard for human rights.

“Productive men and women are spending countless hours waiting in fuel line, which has become a scarce commodity. Meanwhile, the future of the Affordable Inputs Program remains uncertain,” said Chaponda.

He also urged Malawians to register for the upcoming elections, despite the frustrations surrounding the Malawi Electoral Commission (MEC) and the National Registration Bureau.

Chakwera is not concerned with forex, fuel crisis but campaign trails to retain power in 2025

BLANTYRE-(MaraviPost)-Its over two months Malawians are grappling with shortages of fuel, forex that have paralysed businesses for smooth mobility of goods and services.

Due to fuel crisis, transport fairs have gone up thrice making life unbearable for Malawians.

Goods and services gone up beyond Malawians expectations due to scarcity of fuel as motorists are digging deeper to access the commodity through blackmarkets.

For instance, 1 litre of petrol is now sold at MK6,000 from MK2,555 on the blackmarket.

fuel crisis amidst economic challenges
fuel crisis amidst economic challenges

How do you expect businesses, movements of good and services to be fair?

Isn’t this a state of emergency which President Lazarus Chakwera could have declared for support?

But Chakwera has chosen to be quite while busy with campaign trails to retain leadership in 2025.

Chakwera claims that he is on these campaign exercises to encourage Malawians to register in large numbers to vote in 2025, serious?

Does it requires the whole president to go ward by ward telling people to register while are empty stomach, are unable to buy basic needs due to skyrocketed prices of goods and services?

Where are your senses, Reverend Lazarus Chakwera to abondon Malawians in time of need?

Malawi doesn’t have fuel, forex, maize and in all these challenges you opt for campaign to be voted again.

Mr President, you have made over 50 foreign trips depleting forex without remorse.

Mr President, your cabinet ministers, aids, government officials are all over the world attending any meetings depleting already minute forex.

https://www.facebook.com/share/p/15JjjdKi53

If these foreign trips were beneficial, Malawi could not be grappling with forex that has paralysed essential goods importation including drugs in public hospitals, fuel, agriculture inputs.

Reverend Chakwera, you have been told and advised on numerous occasions to reduce both local and international trips including aids and Cabinet Ministers to serve forex but nothing has been taken on board.

Mr. President, you have also be advised to fire incompetent ministers, aids, government officials that have let you down but you chose to entertain them.

Reverend Chakwera, Malawians will not again sympathy with you in 2025 if these challenges remain unresolved.

Reverend Chakwera, Malawians will not give you a vote because of road networks improvement in the capital Lilongwe but provision of quality leadership across the country.

Reverend Chakwera, halt all campaign trail now and address fuel and forex crisis if indeed you are an insightful leader.

The former Malawi leader Joyce Banda addressed fuel crisis in weeks in 2012.

So, ten months is enough to bring back sound economic policies for growth.

Reverend Chakwera, time is now to show Malawians that you are a leader not a puppet of Malawi Congress Party (MCP) cadres.

Malawians want fuel, forex, affordable basic needs including cooking oil, soap, sugar, water, electricity now.

Enough of this madness of having pettyvlocal and international p trips that don’t bring meaningful development but depleting minute resources that could serve locals better.

Enough of speeches that don’t bring any hope but pain in Malawians hearts.

Enough of maintaining of incompetent aids, Cabinet Ministers because you tend to share corrupt dealings, are your relatives.

Lastly, Reverend Chakwera, time is coming when no-one will listen to your lies!!

Chakwera is on 9-day sabbatical leave for foreign trip amid Malawi’s fuel, forex, maize crisis

LILONGWE-(MaraviPost)-Without remorse, and worry about the suffering of Malawians, President Lazarus Chakwera has taken a nine-day foreign trip amid shortages of fuel, forex, and maize.

Chakwera has this morning left the country for Luanda, in the Republic of Angola where he’s expected to attend the 43rd Session of the Southern Africa Development Community (SADC) Summit Meeting scheduled from 17th to 18th August 2023.

According to Foreign Affairs among other activities, the Summit will elect Angola to become the next Chair of SADC, succeeding the Democratic Republic of Congo.

After attending the SADC Summit Meeting, Chakwera accompanied by his wife Monica will proceed to Johannesburg, the Republic of South Africa, to attend the 15th Session of Brazil, Russia, India, China, and South Africa (BRICS) Plus Outreach Summit from 22nd to 24th August 2023.

Chakwera will take advantage of both Summits to hold bilateral consultations with other world leaders with the objective of securing support for Malawi’s economic recovery.

Reverend Chakwera is expected to return home through Kamuzu International Airport on Friday, 25th August at 15:45 hours.

Since assuming the presidency, Chakwera has almost traveled outside the country every two months while draining hard-earned taxpayers’ money.

Even locally, a week can not pass, seeing Chakwera attending petty functions which could be graced by his deputy, cabinet ministers.