Nankhumwa Faults Tonse Alliance on Economy


By Audrey Kapalamula

Leader of apposition Kondwani Nankhumwa yesterday said government has no clue on how to deal with the economic crisis which the country is facing.

Nankhumwa told journalists yesterday in Lilongwe that prices of commodities continue to soar on the market coupled with shortage of forex, adding that the country’s economy has worsened, over the past two years, since the Tonse Alliance Administration took over leadership.


“You and I can agree that what Malawians have gotten is a raw deal because instead, the Economy has been brought to its lowest point,” he said.

He said government should stop attributing  the economic crisis to Ukraine war.

He further said it is disheartening to note delays in Agricultural Development Marketing Corporation (Admarc) to commence purchase of maize.


He has since spoken against government’s decision to sell 100,000 metric tonnes of maize to Zimbabwe, arguing the decision is being made at a time the country has limited volume in its grain reserves.

“Currently Admarc has 110,000 metric tonnes of maize and National Food Reserve Agency had 60,000 metric tonnes . Its sad to hear that Government wants to sell 100,000 to Zimbabwe when we have such low volumes,” he said.

But Minister of Information Gospel Kazako told us that government has taken a new direction which may be mistaken for loss of direction as it is in the process of clearing some mess.

“It must be put on record that the forex shortage was created by the previous government when they painted a fake picture that Malawi economy was doing well to hoodwink the IMF into supporting them. Money meant for investment was used used for consumption,”he said.

Kazako could not give more information on the exportation of maize, saying he had no information to that effect.

Show More

Related Articles

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker