Simplex Chithyola Banda

Simplex Chithyola Banda
Minister of Finance & Economic Affairs
In office
7 October 2023 – 15 September 2025
PresidentLazarus Chakwera
Preceded bySosten Gwengwe
Succeeded byJoseph Mwanamveka
Personal details
BornSimplex Chithyola Banda
1969 (age 56–57)
Kasungu, Malawi
PartyMalawi Congress Party
Alma materUniversity of Bedfordshire
Occupation

Simplex Chithyola Banda is a Malawian politician and educator who served as the Minister of Finance and Economic Affairs (Malawi) between 2023 and 2025.[1][2][3][4][5] He was a Member of Parliament for Kasungu South Constituency from Malawi Congress Party.[6][7]

Life

Banda was born in 1969 in Kasungu, Malawi. He attended Kasungu Secondary School. He has a Master's Degree in Public Policy and Administration.[3] He was appointed by President Lazarus Chakwera as the new Minister of Finance replacing Sosten Gwengwe.[8][9] He announced what he called a 4F plan based around fuel, forex, food and fertiliser. The plan attracted mixed comment.[10] In 2023 he announced government support for businesses trading across the country's borders.[11]

He served until the election of 2025.[12]

In April 2026 he handed himself in for questioning after hearing that the police were investigating accusations of money laundering and abuse of office.[12]


References

  1. ^ Mkweu, Justin (2023-11-16). "Simplex Chithyola Banda's litmus test". The Times Group. Retrieved 2023-11-17.
  2. ^ "Minister urges for collaboration on local industrialization". Malawi 24. MANA. 2023-02-22. Retrieved 2023-11-17.
  3. ^ a b "Hon. Simplex Chithyola, MP". MN Africans United. Retrieved 2023-11-17.
  4. ^ "Simplex Chithyola Banda Takes Over as Finance Minister, Replacing Gwengwe". Shire Times. 2023-10-08. Retrieved 2023-11-17.
  5. ^ Chikoti, Martha (2023-09-01). "Govt urges people to venture into commercial farming". Malawi 24. Retrieved 2023-11-17.
  6. ^ "Simplex Chithyola Banda". The Times Group. 2023-11-16. Retrieved 2023-11-17.
  7. ^ Chikoti, Martha (2023-04-30). "Govt allocates 1 billion Kwacha to fight smuggling". Malawi 24. Retrieved 2023-11-17.
  8. ^ Nzangaya, Archangel (2023-10-09). "New Malawi Finance Minister Chithyola lacks experience – analyst". Malawi 24. Retrieved 2023-11-17.
  9. ^ Mkandawire, Mwayi (2023-11-13). "Musazinyenge, Kwacha ilibe mphamvu olo pang'ono – nduna ya zachuma". Malawi 24. Retrieved 2023-11-17.
  10. ^ Mangazi, Chimwemwe (2023-10-26). "Simplex Chithyola Banda's 4F plan attracts mixed views". The Times Group. Retrieved 2023-11-17.
  11. ^ Kalimbuka, Synd (2023-07-27). "Government promises to create conducive environment for crossborder traders". Malawi 24. Retrieved 2023-11-17.
  12. ^ a b "Malawian police arrested the former finance minister Sunday on suspicion of money laundering and abuse of office,". AfricaNews.
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