Categories: Editor's Picks

Joyce Banda: Showing Solidarity with the People of Malawi

Joyce Banda

In April 2012, Joyce Banda, 62 years, became the first female president of Malawi following the death of Bingu wa Mutharika. She was minister of Foreign Affairs (2006 -9) and then vice president under Mutharika in one of the poorest countries in the world.

Her vice presidency and the transition of power was fraught with difficulties and danger but revealed her as a politically powerful, resourceful and determined woman who may be able to bring real improvement to the lives of her people. Mutharika’s administration was characterised by nepotism and chronic economic mismanagement which appalled donors – particularly the United Kingdom which was providing the largest share of aid.

Mutharika wanted his brother Peter as his successor and did his best to completely undermine Banda. She was expelled from the ruling Democratic Progression Party and there were attempts to seize her government vehicle and prevent her from registering her own party. The role of vice president was withdrawn during a cabinet reshuffle but according to the constitution she could not be removed from this office. With Malawi in disarray after Mutharika’s death she sought the support of the army commander who placed troops around her home.

Upon assuming the presidency, Banda decided to sell the presidential jet and reduce the government’s fleet of cars. She would also need to devalue the currency by 40 per cent in order to restore donor funding and correct the country’s relationship with the IMF. The president is keen to show solidarity with her countrymen – three quarters of whom are living on less than one dollar per day. She has said that, ‘The time has come to move from aid to trade’ and has hopes for the agriculture, tourism and mining sectors.

Amnesty International commended Joyce Banda for an ‘historic step forward’ when, in November, she suspended anti-gay laws pending a debate to repeal existing legislation. This followed international outcry when a gay couple were arrested in 2009.

CFI

Recent Posts

Otaviano Canuto: The US Elections Will Have Global Economic Impact

On Tuesday, US voters will decide who will control the White House, the Senate, and…

15 hours ago

Latin America’s Wave of Innovation: Fintech Revolution and Social Impact

The region famed for its diverse cultures and rich history now has new ideas for…

3 days ago

Diversifying Economies via Tech Hubs: Middle East on the Ascent

The region, long linked with abundant energy resources, is undergoing a tremendous shift… Recognising the…

4 days ago

Technology Giants and the Emerging Disruptors: Asia Pacific’s Powerhouse

The region is now regarded as the global epicentre of innovation. The Asia Pacific region,…

5 days ago

Pioneering Sustainability and Tech Integration in Europe

Europe’s got the pedal to the metal, and we can expect to see ground-breaking inventions…

7 days ago

EY: Argentina Publishes Decree Implementing Incentive Regime for Large Investments (RIGI)

The Argentine government sets detailed guidelines for the long-awaited RIGI, outlining tax and customs benefits…

1 week ago