{"id":55226,"date":"2023-12-25T21:29:23","date_gmt":"2023-12-25T21:29:23","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/?p=55226"},"modified":"2023-12-25T08:35:13","modified_gmt":"2023-12-25T08:35:13","slug":"chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record","title":{"rendered":"Chakwera faces backlash over Chithyola\u2019s appointment as finance minister with funds abuses record"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>President Lazarus Chakwera is facing public backlash for appointing Simplex Chinthyola Banda as Finance Minister and Economic Development as the latter was previously trapped in abuse of Global Fund\u2019s HIV and AIDS money worth MK60 million (US$75,000).<\/p>\n

Chakwera on Saturday night, October 7, 2023, replaced Sosten Gwengwe with Chinthyola as finance minister while Gwengwe has gone back to Minister of Trade and Industry. Before the appointment, Chithyola was Minister of Trade as he holds a Degree and Master of Public Administration (online schooling).<\/p>\n

Career<\/b><\/p>\n

He has worked in different portfolios in Non-Governmental Organisations NGOs (but not related to finance) He has been a managing director of his own local NGO in Balaka (Chinansi Foundation).<\/p>\n

He is a member of parliament for Kasungu east He was the minister of trade Chithyola\u2019s appointment has attracted mixed reactions regarding funds mismanagement at Chinansi Foundation. How safe is Malawi\u2019s hard-earned taxpayers\u2019 money going to be under his watch?<\/p>\n

\u201cChithyola Banda\u2019s education background has no background in finance. His work experience has been more in human rights and development. I therefore doubt if he is going to deliver. For me, he will be worse than Sosten Gwengwe.<\/p>\n

\u201cThe best way Chakwera was to recruit a finance technocrat of international calibre. Leave politics aside, this position needs a lot of exposure, expertise, and understanding. Unfortunately, so far, no member of parliament in the Malawi Congress Party (MCP) can handle the ministry of finance\u201d, dares Chikalaza Mlangeni.<\/p>\n

Mofolo Kalinde adds, \u201cThe modern world needs someone with economic background to drive economic agenda on fiscal and monetary policies, not pastors, lawyers\u201d.<\/p>\n

Precious Mtambo differs, \u201cThe late John Tembo had no economic background but he served as finance minister and Reserve Bank Governor for 13 years. Aleke Banda also served as finance minister. Things worked out. Why not with Chinthyola\u201d.<\/p>\n

This comes as Chakwera\u2019s Tonse Alliance government is failing to fix the ailing economy coupled with high inflation, cost of living, scarcity of forex, fuel, essential medical suppliers, farm inputs, and among others.<\/p>\n

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

Africa-Press – Malawi. President Lazarus Chakwera is facing public backlash for appointing Simplex Chinthyola Banda as Finance Minister and Economic Development as the latter was previously trapped in abuse of Global Fund\u2019s HIV and AIDS money worth MK60 million (US$75,000). Chakwera on Saturday night, October 7, 2023, replaced Sosten Gwengwe with Chinthyola as finance minister […]<\/p>\n","protected":false},"author":84,"featured_media":55225,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,7,12],"tags":[233,371,234],"class_list":["post-55226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-head-lines","category-policy","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nChakwera faces backlash over Chithyola\u2019s appointment as finance minister with funds abuses record - Malawi<\/title>\n<meta name=\"description\" content=\"President Lazarus Chakwera is facing public backlash for appointing Simplex Chinthyola Banda as Finance Minister and Eco ...\" \/>\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\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chakwera faces backlash over Chithyola\u2019s appointment as finance minister with funds abuses record\" \/>\n<meta property=\"og:description\" content=\"President Lazarus Chakwera is facing public backlash for appointing Simplex Chinthyola Banda as Finance Minister and Eco ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\" \/>\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=\"2023-12-25T21:29:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1703480610.483687.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\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\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Chakwera faces backlash over Chithyola\u2019s appointment as finance minister with funds abuses record\",\"datePublished\":\"2023-12-25T21:29:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\"},\"wordCount\":362,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/malawi\/sites\/36\/2023\/12\/sm_1703480610.483687.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Malawi\",\"Malawi\"],\"articleSection\":[\"all news\",\"head lines\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\",\"url\":\"https:\/\/www.africa-press.net\/malawi\/all-news\/chakwera-faces-backlash-over-chithyolas-appointment-as-finance-minister-with-funds-abuses-record\",\"name\":\"Chakwera faces backlash over Chithyola\u2019s appointment as finance minister with funds abuses record - 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