The kwacha is the currency of Malawi as of 1971,replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency,namely the British pound sterling,the South African rand,and the Rhodesian dollar,that had previously circulated through the Malawian economy. The exchange rate of the kwacha undergoes fixed periodical adjustments,but since 1994 the exchange rate has floated. In 2005,administrative measures were put in place by Bingu wa Mutharika to peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012,the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar.
The United Democratic Front is a political party in Malawi founded in 1992 by Bakili Muluzi. It claims to be a liberal party in Malawi and is mainly strong in the southern region populated by ethnic Yao. Bakili Muluzi was President of Malawi from 1994 to 2004.
John Zenus Ungapake Tembo is a Malawian politician who served for years as President of the Malawi Congress Party (MCP). Tembo comes from the Dedza District in central Malawi,and he is a teacher by profession. Beginning in the 1960s he was an important politician in Malawi,and he was a key figure in the regime of Hastings Banda (1964–1994). He has been variously described as "physically slight,ascetic,fastidious" and "cunning". He was replaced as President of the MCP in August 2013.
The Reserve Bank of Malawi is the central bank of Malawi established in the year 1964 located in Lilongwe. The current governor is Wilson Banda.
Lucius Chicco Banda,better known by his stage name Soldier Lucius Banda,is a Malawian singer-songwriter,music producer and politician from Balaka,Malawi.
Silver Strikers Football Club is a Malawian professional football club based in Lilongwe,currently playing in the TNM Super League,the top division of Malawian football. The club was founded in 1977 as a social team for Reserve Bank of Malawi staff members. hence the nickname the bankers.
Goodall Edward Gondwe was a Malawian economist who served in his country's cabinet as Minister of Finance on two occasions:from 2004 to 2009,and from 2014 to 2019. He also served as Minister of Local Government from 2009 to 2010 and Minister of Natural Resources,Energy and Environment Affairs from 2011 to 2012.
Arthur Peter Mutharika is a Malawian politician and lawyer who was President of Malawi from May 2014 to June 2020. Mutharika has worked in the field of international justice,specialising in international economic law,international law and comparative constitutional law. He informally served as an adviser to his older brother,President Bingu wa Mutharika,on issues of foreign and domestic policy from the onset of his election campaign until the President's death on 5 April 2012.
Rafiq Hajat was a prominent Malawian civil rights activist. He was born in Blantyre. He was the director for the Institute for Policy Interaction (IPI) in Malawi.
The 2012 Malawian constitutional crisis occurred from April 5,2012 - April 7,2012 after senior members of the Democratic Progressive Party-led cabinet failed to notify the public of the death of the sitting president,Bingu wa Mutharika on April 5. Instead,cabinet ministers held a series of meetings in Lilongwe,Malawi without vice-president Joyce Banda with the aim of undermining the constitution and Banda's succession to Presidency. News confirming his death had,however,quickly spread across the country through word of mouth,cellphone text messages,Malawian bloggers,Twitter,Facebook,and on listservs by the end of the day on April 5,2012. Therefore,the failure to announce his death resulted in speculation over the real health of the president and over whether the succession procedures would be followed as outlined in the constitution. According to the constitution,the vice-president takes over but there had been no official word on a successor or communication with the vice-president. Amidst growing speculation,the Cabinet announced that the president's brother,Peter Mutharika,the foreign minister,was the new President of the party on April 6. The Cabinet only announced his death two days after his death,after which Banda became Malawi's first female President.
Charles Chuka was the governor of the Reserve Bank of Malawi from April 2012 to April 2017. When he became governor,he announced a series of reforms that allowed for foreign exchange to enter the country.
Raphael "Ralph" Tenthani was a freelance journalist from Malawi. Tenthani was a BBC correspondent and a columnist for The Sunday Times. He was a respected journalist in Malawi well known for his popular column,"The Muckraking". He was well known for providing political analysis on topical issues. He had been the subject of controversy for his candid reporting on political issues. He was very critical of the crackdown on journalism during the Bingu wa Mutharika administration. He was also a columnist for Associated Press,Pan African News Agency,and the Maravi Post.
Lazarus McCarthy Chakwera is a Malawian theologian and politician who has served as President of Malawi since 28 June 2020. He also serves as Minister of Defence per Malawian constitution,he has served as the leader of the Malawi Congress Party since 2013. He was President of the Malawi Assemblies of God from 1989 to 2013.
Sosten Gwengwe is a Malawian politician currently serving as Minister of Finance and Economic Affairs of the Republic of Malawi since January 30,2022. He previously served as Minister of Trade from June 2020 until his appointment as Finance and Economic Affairs Minister.
Saulos Klaus Chilima is a Malawian economist and politician who is the incumbent vice president of the Republic of Malawi. Chilima assumed office on 28 June 2020,winning the majority alongside presidential candidate Lazarus Chakwera. Chilima also served as the Minister of Economic Planning and Development,as well as Head of Public Sector Reforms,a position he also previously held under the administration of former president Peter Mutharika. Before joining politics,Chilima held key leadership positions in various multi-national companies including Unilever,Coca-Cola and Airtel Malawi,where he rose to become Chief Executive Officer.
Presidential elections were held in Malawi on 23 June 2020,having originally been scheduled for 19 May and later 2 July. They followed the annulment of the results of the 2019 presidential elections,in which Peter Mutharika of the Democratic Progressive Party had received the most votes.
Timothy Mtambo of Chitipa is a Malawian politician and serves as Minister of Civic Education and National Unity in Malawi government since 2020. Prior to active politics,Mtambo was a human rights activist. He is mostly known for the role he played by leading demonstrations against the regime of President Peter Mutharika,accusing the regime of nepotism and corruption. Mtambo also holds the position of Commander in Chief of Citizen for Transformation Movement (CFT).
Martha Chizuma is Malawi's Anti-Corruption Bureau Director. Martha Chizuma was appointed director of the anti-corruption bureau on 29 April 2021 after serving as Ombudsman since 2015. Prior to that,she served as the Senior Resident Magistrate in the courts of Malawi.
Sparc Systems Limited is a Malawian software company founded by Wisely Phiri in 2013 in Blantyre,Malawi. It is a multi-product and multi-division ICT company operating across Africa with 5 physical offices in Malawi,Zambia,and Rwanda.
Yeremia Chihana is a Malawian politician and Member of Parliament in the National Assembly of Malawi representing Mzimba North Constituency. He was elected member of parliament in 2019.
