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Decision Decisions

'There is a time in every man's education when he arrives at the conviction ....that he must take himself for better for worse as his portion; that though the wide universe is full of good, no kernel of nourishing corn can come to him but through his toil bestowed on that plot of ground which is given to him to till', Ralph Waldo Emerson, 1841

Remembering Michael Jackson

He was a marvel of nature, a God's gift to the world and indeed a King of pop. For me, Michael Jackson goes into history as the greatest pop star of all time. He brought to this world, talent, originality, and his success in his heydays, brought to question, the notion that people of his colour and/or social status at the time were only hewers of wood and drawers of water, with neither talent nor inherent ability to propel themselves into careers worth discussing! May his soul rest in eternal peace Mfumusaka (GC Matchaya)

Global financial meltdown and Malawi’s economy

December 09, 2008 04:55 AM (as it appeared on nyasatimes) By Greenwell Matchaya Just like any other individual in the global economy, I crave to understand the meaning of the financial turmoil hitting the developed countries, for the developing world including Malawi. In this post I will say something briefly about it. To do this, I will make some assumptions about the predominantly Western economic downturn in the short, medium and long term. As a point of departure, let's assume that the downturn will continue to trouble Western countries for sometime considering that part of its life span is hidden in whether consumers will soon regain confidence in the financial markets or not, then one would argue that for countries like Malawi, the short-run is less troubling because Malawi does not have a vibrant financial market and the Malawian economy is only indirectly and perhaps remotely related to it. Malawi's economy is also not driven by the housing market, whose collaps...

Bingu Names cabinet

GC Matchaya we will comment on it later, but it seems promisory to me! Size PORTFOLIO June 15, 2009 1. President Dr. Bingu wa Mutharika 1. Vice President Joyce Banda (Mrs) 1. Agriculture and Food Security Dr. Bingu wa Mutharika 1. Agriculture and Food Security(Deputy) Magret Roka-Mauwa(Ms.) 1. Finance Mr. Ken Kandodo 1. Finance(Deputy) Mr. Fraser Nkhoma Nihora 1. Foreign Affairs Dr. Eta Elizabeth Banda 1. Foreign Affairs (Deputy) Augustine Mtendere 1. Education Dr George Chaponda 1. Higher education, Science and Technology (Deputy) Otilia Moyo-Jere (Ms) 1. Primary Education (Deputy) Victor Sajeni 1. Development Planning and Cooperation Abi Marambika Shawa 1. Development Planning and Cooperation (Deputy) Daniel Siwimbi 1. Transport and Works Khumbo Kachali 1. Transport and Works (Deputy) Lazaro Kasaila 1. Justice Dr. Peter Mutharika 1. Irrigation Ritchie Bizwick Muyewa 1. Irrig...

Thoughts on Kwacha’s over-valuation

GC Matchaya I may not claim to have a lasting answer to this question however given the silence I will try to give my sketch of ideas on this as follows. The concerns about the Mw Kwacha being held at some fixed but high level surely spring from many angles but possibly the most useful one for most of us is the effect of such an exchange rate regime on the Malawi’s national accounts analysed in the context of a nation that has more on its table (projects etc requiring increased government spending) to deliver. As appoint of departure therefore it might be important to recap the basic major components of the two major accounts that may be impacted by the exchange rate regime more directly and these are the current account here proxied by the trade balance (value of exports-value of imports) and the capital account proxied by the value of capital inflows into Malawi minus the value of capital outflows to other countries. Now remember again that under a market determined exchange rate, th...

Bingu and DPP‘s Mind-Blowing Victory: Understanding the Results and the Sources of his Power

The Republic of Malawi held its fourth Presidential and Parliamentary elections on the 19th of May, 2009 under the supervision of the Malawi electoral Commission (MEC) chaired by Mrs Anastasia Msosa. This election was of its own kind not only in the manner in which it was conducted (which was characterised by drama as one major presidential contestant-Muluzi got barred from contesting), but also the campaign process, themes and tools as well as the outcome, were by and large quite fascinating. Indeed for those who were found in the middle of their studies, the fun that accompanied this election surely robbed them of their good chunk of precious time. I still vividly remember the despair in the voice of a friend of mine, a student in China, who almost failed to submit his essay on time as he had spent most of his time, listening to Zodiak online radio, to try to acquire a picture of what was going to ensue on the voting day in Malawi. The good news is that he passed, and his party won L...

SPENDING THE ACQUIRED POLITICAL CAPITAL

Once again congratulations our President (Bingu wa Mutharika aka Chitsulo Cha Njanji ) for the smart and decisive wins over the combined force of the opposition. The people of Malawi have spoken and, so loudly. They want a man with a vision and a government that is prudent, benevolent and pro-poor. I wish you all the best and God’s blessings as you now start spending the garnered political capital for the good of Malawi. You can now be confident that you are the man of the people, by the people and for the people. You have my thumbs up throughout your term and I am confident that given the support that you will surely enjoy, your demonstrated determination, strong will and God’s blessings, we should be at a different level in five years. I should also congratulate all the MPs who have made it for the job well done, and again all the others who have not made it on this occasion, for accepting the results. Of course I should also congratulate the Malawi Electoral Commission and other st...