3 Cabinet Ministers Sworn-In; President Mutharika Gives Stern Warning

The newly appointed Finance, Economic Planning and Development Minister, Joseph Mathyola Mwanamvekha says ensuring forex availability is key towards rebuilding the fragile and static economy which at the moment is not conducive or attractive for both local and foreign investment.

Speaking to local media after taking oath of office on Wednesday afternoon on October 8, 2025 at Sanjika Palace in Blantyre, Mwanamveka outlined his economic recovery plan starting with the process of engaging the donor community.

To achieve progress , he called for support from all the stakeholders. “As someone who served in this position before, I am going there knowing exactly what I should do and where I must start from” – Hon Mwanamvekha added.

He also mentioned maize situation as a key area that needs urgent government attention to save Malawians from hunger. Before joining politics, Hon Joseph Mwanamvekha worked in the banking sector for quite a number of good years which gives him leverage for his appointment. Malawians eyes are on him to see how quickly a rebound can be achieved in the sector of the economy.

Hon. Joseph Mwanamvekha, was appointed by His Excellency Professor Arthur Peter Mutharika, President of the Republic of Malawi on Sunday 5th October, 2025 as Finance Minister alongside Hon. George Thapatula Chaponda and Hon Alfred Ruwan Gangata who were appointed Ministers of Foreign Affairs and Minister of state respectively have now officially started working after taking oath of office.

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Malawi Government Announces Strict Expenditure Control Measures

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