‘Malawi wasted 24 years of democracy’


Businessman and political aspirant, Nick Yiannakis, said the four presidents that have ruled Malawi since the inception of democracy have not done enough to economically uplift ordinary citizens.

Yiannakis, who has a Greek roots, but was born and lived in Malawi all his life, said Malawi has been sliding backwards since 1994 as the leaders failed to abide by the law in various aspects and ended up mismanaging public resources.

“Over the years, I would say there have been poor governance in the country. Leaders have wasted our 24 years in this democratic era, it is the period we have seen big companies closing down yet government is doing nothing like talking to the companies what to do so that they should not close. People have lost and are still losing jobs because companies are closing and no new ones are coming, all this because of poor and irresponsible leadership,” said Yiannakis.


According to Yiannakis it is surprising that at close to 52 years of independence, Malawi remains behind in industrial development.

He described everything that has happened in the past 24 years of democracy as “unacceptable”.

“Malawians are known as hard working and honest people but you tend to wonder why is the country and its people poor? Where is rule of law? That’s why you see corruption cases taking long to be concluded in the courts because it’s like we have accepted theft and corruption to be part of us, theft is now becoming an opportunity for other people to get rich but that has to stop, we should not allow selfish people to rule this country,” he said.


Yiannakis said the current state of the country has prompted him to eye for a top governance position in the country with the aim of working with other willing Malawians to bring sanity in the country.

“I have been talking and listening to other people and all they want is change by bringing totally new people in the system. It is possible to turn around things in just 12 months by putting all this money we are stealing to work and benefit people. Let’s put the money in the soil for agriculture without politicising it, the moment we harvest twice in a year then we are out we will be looking at other issues, we are now living in a global village so Malawi is for all of us whether foreign or local the thing is ‘will’ to change things,” said Yiannakis.

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