Tag Archives: international monetary fund

Malawi: former finance minister and central bank boss arrested

former Malawian finance minister and central bank boss arrested

Former Malawian Finance Minister Joseph Mwanamveka and former central bank boss Dalitso Kabambe have been arrested by police on charges of abuse of office and fraudulent accounting. A police spokesman said the two, while serving in their respective positions, allegedly procured and masterminded the falsification of financial records with intent …

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Zambia: economy minister says talks with IMF ‘progressive’

Situmbeko Musokotwane

Zambia’s finance minister Situmbeko Musokotwane says talks with the International Monetary Fund (IMF) are “very progressive”. Situmbeko Musokotwane, the zambian economy minister said timelines and steps to be taken to advance the process for a highly anticipated Extended Credit Facility, a financial assistance programme offered to countries struggling to pay …

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Zambia: Situmbeko Musokotwane appointed Minister of Finance

Situmbeko Musokotwane

Zambian new president Hakainde Hichilema has appointed Situmbeko Musokotwane, an experienced international economist as the country’s Minister in charge of Finances. Mr Hichilma, in his inaugural speech said he will fix the economy and create jobs. Early this morning, he announced that his first Cabinet appointment is the Minister of …

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