{"id":47124,"date":"2023-08-08T20:39:56","date_gmt":"2023-08-08T20:39:56","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal"},"modified":"2023-08-08T20:50:54","modified_gmt":"2023-08-08T20:50:54","slug":"malawi-loses-in-k900-billion-deal","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal","title":{"rendered":"Malawi loses in K900 billion deal"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in a farm produce deal signed in 2021 with South Sudan.<\/p>\n

Under the deal, Malawi was expected to export maize flour, groundnuts and beans worth US$295 billion (about K300 billion) every year for five years to South Sudan.<\/p>\n

However, over two years into the deal, Malawi has only managed to supply 1,200 metric tonnes worth US$1.4 million (about K1.5 billion).<\/p>\n

This is according to a report which Trade, Industry and Tourism Committee of Parliament Chairperson Paul Nkhoma presented in Parliament yesterday.<\/p>\n

Nkhoma said that some of the produce, including maize flour, was delayed for months in transit and arrived in in South Sudan while rotten.<\/p>\n

\u201cThis is unfortunate looking at the possibility of boosting the country\u2019s export basket as well as generation of forex had it been the deal had worked as planned,\u201d he said.<\/p>\n

Commenting on the report, Leader of the House Richard Chimwendo Banda who is also Minister of Local Government in the Lazarus Chakwera administration said the export deal would have helped the country generate forex and empower farmers.<\/p>\n

\u201cThe report highlights quite a number of issues, from institutional challenges [to others]. We are talking about an opportunity which was already signed, a deal which was already done, and there was expectation from Malawians that the deal would be done,\u201d Chimwendo Banda told The Daily Times.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in a farm produce deal signed in 2021 with South Sudan. Under the deal, Malawi was expected to export maize flour, groundnuts and beans worth US$295 billion (about K300 billion) every year for […]<\/p>\n","protected":false},"author":84,"featured_media":47123,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[233,371,4321,776,234,1502],"class_list":["post-47124","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-malawi","tag-forex","tag-maize","tag-malawi","tag-south-sudan"],"yoast_head":"\nMalawi loses in K900 billion deal - Malawi<\/title>\n<meta name=\"description\" content=\"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Malawi loses in K900 billion deal\" \/>\n<meta property=\"og:description\" content=\"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\" \/>\n<meta property=\"og:site_name\" content=\"Malawi\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-08T20:39:56+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-08T20:50:54+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"715\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Malawi loses in K900 billion deal\",\"datePublished\":\"2023-08-08T20:39:56+00:00\",\"dateModified\":\"2023-08-08T20:50:54+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\"},\"wordCount\":255,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"forex\",\"maize\",\"Malawi\",\"South Sudan\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\",\"name\":\"Malawi loses in K900 billion deal - Malawi\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg\",\"datePublished\":\"2023-08-08T20:39:56+00:00\",\"dateModified\":\"2023-08-08T20:50:54+00:00\",\"author\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"description\":\"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...\",\"breadcrumb\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage\",\"url\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg\",\"contentUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg\",\"width\":715,\"height\":400,\"caption\":\"Malawi loses in K900 billion deal\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.africa-press.net\/malawi\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Malawi loses in K900 billion deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#website\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/\",\"name\":\"Malawi\",\"description\":\"Just another Africa News Agency Sites site\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\",\"name\":\"cfeditoren\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g\",\"caption\":\"cfeditoren\"}}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Malawi loses in K900 billion deal - Malawi","description":"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal","og_locale":"en_US","og_type":"article","og_title":"Malawi loses in K900 billion deal","og_description":"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...","og_url":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal","og_site_name":"Malawi","article_publisher":"https:\/\/www.facebook.com\/AfricaPressTunisiaa","article_published_time":"2023-08-08T20:39:56+00:00","article_modified_time":"2023-08-08T20:50:54+00:00","og_image":[{"width":715,"height":400,"url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg","type":"image\/jpeg"}],"author":"cfeditoren","twitter_card":"summary_large_image","twitter_misc":{"Written by":"cfeditoren","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#article","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal"},"author":{"name":"cfeditoren","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"headline":"Malawi loses in K900 billion deal","datePublished":"2023-08-08T20:39:56+00:00","dateModified":"2023-08-08T20:50:54+00:00","mainEntityOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal"},"wordCount":255,"commentCount":0,"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg","keywords":["Africa Press","Africa Press-Malawi","forex","maize","Malawi","South Sudan"],"articleSection":["all news","policy"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal","url":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal","name":"Malawi loses in K900 billion deal - Malawi","isPartOf":{"@id":"https:\/\/www.africa-press.net\/malawi\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage"},"image":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage"},"thumbnailUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg","datePublished":"2023-08-08T20:39:56+00:00","dateModified":"2023-08-08T20:50:54+00:00","author":{"@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb"},"description":"Malawi, which has been facing forex challenges for months, has missed a chance to make US$885 million (K900 billion) in ...","breadcrumb":{"@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#primaryimage","url":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg","contentUrl":"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/08\/sm_1691511633.250849.jpg","width":715,"height":400,"caption":"Malawi loses in K900 billion deal"},{"@type":"BreadcrumbList","@id":"https:\/\/www.africa-press.net\/malawi\/all-news\/malawi-loses-in-k900-billion-deal#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.africa-press.net\/malawi\/"},{"@type":"ListItem","position":2,"name":"Malawi loses in K900 billion deal"}]},{"@type":"WebSite","@id":"https:\/\/www.africa-press.net\/malawi\/#website","url":"https:\/\/www.africa-press.net\/malawi\/","name":"Malawi","description":"Just another Africa News Agency Sites site","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.africa-press.net\/malawi\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb","name":"cfeditoren","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/7417380fa9e23b5c57fdbfdaf3fdf92ee478f759a084addda5faa3732853e74a?s=96&d=mm&r=g","caption":"cfeditoren"}}]}},"_links":{"self":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/47124","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/users\/84"}],"replies":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/comments?post=47124"}],"version-history":[{"count":0,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/posts\/47124\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media\/47123"}],"wp:attachment":[{"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/media?parent=47124"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/categories?post=47124"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.africa-press.net\/malawi\/wp-json\/wp\/v2\/tags?post=47124"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}