FARMERS MAJOR FOREX EARNERS

-

 


Former Reserve Bank of Malawi Governor Dalitso Kabambe has disclosed that despite Farmers being major forex in the country, most of the  farmers  are struggling due to lack of government commitment to support them.


Kabambe was speaking this during a press conference organized by the Democratic Progressive Party(DPP) at Page House in Mangochi where DPP President Peter Mutharika was addressing the nation on various issues affecting the country.


In his statement Kabambe stated that farmers in the country are the major forex earners given the fact that the country's economy heavily depends on Agricultre, but despite the trend, Kabambe said that Government is continuing infringing these farmers citing the current raise of fertilizer price from K17,000 during DPP reign to K110,000 in this current administration as one of the things infringing farmers.


Kabambe further stated that despite Farmers making such strides to earn forex, the Government is the number one spender and squanderer of the hard earned forex by these local farmers in expenses like importing foreign goods and unnecessary traveling while farmers only spend little of this forex and get affected alot with economic hurdles like devaluation.


He then added that the measures by the Malawi Congress Party (MCP) to cut down Government expenses  and improve the county's economy are not proper solutions to improve the economy,"These measures being implemented are no real address to the current economic struggles", Said Kabambe.


Kabambe concluded by saying that government needs to put in place policies that will help these farmers who are the major forex earners of the country is to recover from these economic struggles .


Other notable faces at the press conference included Party Spokesperson Shadric Namalomba, Bright Nsaka, Francis Mphepo, Mary Navicha, George Chaponda and Chimwemwe Chipungu .


Article by Benjamin GK Nyirenda


Comments

Post a Comment

Popular posts from this blog

OUTSTANDING STUDENTS TO BE RECOGNIZED BY PLU

-
Image
  Pentecostal Life University (PLU) is set to recognize the efforts made by outstanding personalities graduating at the Institution at the upcoming Finale dinner gala. The Institution is staging a Finale dinner gala event scheduled for Friday the 22nd of December 2023 at the state of art Bingu International Convention Center in Lilongwe. According to the University Management, all logistics pertaining to the event have been finalized and that the Institution will be awarding Students who performed well in different Categories during their time at the Institution Including Sports, Leadership, Discipline, Enterprenuership , Socialization and Dressing just to mention a few. The management further stated that the Criteria used to choose nominees was purely based on merit. The winners to these prestigious awards will be determined through an Online Poll  which has been set up by the Institution to give the liberty to other students at the Institution to select their preffered personalities
Read more

PLU STUDENT UNION ELECTIONS CAMPAIGN DATES CONFIRMED

-
Image
  Campaign dates for the upcoming Pentecostal Life University (PLU) Student Union elections have been set for the 29th of November 2023 according to the Elections Committee Treasurer . In an interview with the Incumbent Student Union Treasurer who is also treasurer to the Elections Committee Jedidiah Kalilango, aspiring candidates in the upcoming elections are to start campaigning on the 29th of November 2023 and will end a day before voting while the actual day for the elections will be communicated to the Students later "Campaigning will start on Wednesday this week and about the election day, I will confirm" said Kalilango. He further added that registration for those aspiring to contest in the Elections is currently open and will close on Tuesday the 28th of November 2023 at  11:59am. Registration fee to contest as President of the Union is K18,000, Vice Presidency is at K15,000, Treasury position is at K13,000 and all other positions are at K10,000. He concluded by stati
Read more

PLU STUDENT UNION ELECTIONS COMMENCE

-
Image
  The much anticipated Pentecostal Life University (PLU) student Union Elections have commenced at the Institution's campus in Area 25, Lilongwe. At exactly 9:30 am Students started flocking at the voting station to elect new office bearers to the Institution's Student Union and most of them showed delight and happiness to exercise their voting rights. In an interview with the Sight Media Group Chairperson for the Elections Committee Presiding over the Elections Kenneth Chikwangwala said that Students at the institution should expect a free, fair  and credible Elections for the fact that he has assembled a very passionate and dedicated team of personnel handling the Elections. Clement Kledo Magombo President, Thokozani Matumani welfare director, Winnie Luhana Religious Director, Sam Kizzy Mhango Entertainement director, Funny Inedi Female Sports Director have already emerged victorious with no opposition to their Candidacy . Official results for the Elections are expected to be
Read more