Ibam mourns Victor Mbewe


Indigenous Businesses Association of Malawi (Ibam) president Mike Mlombwa has described the death of former Reserve Bank of Malawi (RBM) governor Victor Mbewe as a big blow to the business community in Malawi.

“He was an inspiration to indigenous businessmen. He will be greatly missed,” said Mlombwa.

Mbewe died at Blantyre Adventist Hospital on Wednesday night after a long illness.


Born on July 4, 1952, Mbewe once served as Commercial Bank of Malawi (Standard Bank) Chief Executive Officer from the late 1990s up to 2005 when he was appointed RBM governor.

Mbewe served in the position until 2009 before he ventured into private business which saw him opening the Dorvic Hotel in Blantyre.

Thom Lupiya, a member of the family said Mbewe was a pillar of strength to the family.


“He was a uniting factor to the family. He was our source of wisdom,” said Lupiya.

Until his death, Mbewe was the United Democratic Front (UDF) director of Economic Affairs.

UDF spokesperson Ken Ndanga said yesterday the party is shocked by the death of Mbewe who he described as pivotal in the operations of the party.

“We in the UDF are greatly shocked by the demise of Mbewe. He was very instrumental in the operations of the party,” said Ndanga.

According to another family member Chris Kanyuka, Mbewe is survived by a wife and children.

Kanyuka said Mbewe will be laid to rest at Catholic Institute (CI) cemetery in Blantyre on Sunday.

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