Get To Know Dr Maxwell Mkwezalamba: Newly Appointed Finance Minister

Maxwell Mkwezalamba: New Malawi Finance Minister

Maxwell Mkwezalamba: New Malawi Finance Minister

Maxwell Mkwezalamba was born on December 22, 1959. He is a politician and economist. He has held such a prestigious position as Commissioner for Economic Affairs for the African Union Commission, a position he has held since May 2004.

He graduated in Economics from Chancellor College, University of Malawi with an honours degree in Economics, where he subsequently lectured and headed the Economics Department. He obtained a Master’s degree in Economics in 1984 from the University of Manchester, UK, a Masters degree in Policy Economics in 1992 and a PhD in Economics in 1995 from the University of Illinois at Urbana-Champaign, Illinois, USA.

In addition to lecturing at the University of Malawi, he has worked in various capacities for the Malawi Confederation of Chambers of Commerce and Industry, the World Bank and the Malawi Government. He has also worked as a consultant on development, financial and economic management issues for the Malawi Government, the United Nations Development Programme (UNDP), the United Nations Children’s Fund (UNICEF), the World Bank, and the Germany Agency for Technical Cooperation (GTZ).

Mkwezalamba was a founding member of the Economics Association of Malawi (ECAMA) and served as its first President between 1998 and 2000. He was a member of the Monetary Policy Committee and the Economic Management Team in Malawi between 2000 and 2003 and also served as Secretary to Cabinet Committees on the Economy and Budgetary and Financial Matters during the same period. Between 1997 and 2003, he served on Boards of several organizations, including National Roads Authority, Shire Bus Lines, David Whitehead and Sons, PFG Wright Insurance Brokers, and the Malawi Institute of Management.

He has led and supervised the preparations of major technical and policy-oriented analytical work in Malawi, at the World Bank and at the African Union Commission. Some of this work includes “The Malawi Public Expenditure Review (2000)”, “The Malawi Poverty Reduction Strategy Paper (2000-02)”, “The Review of the Implementation of the Malawi Poverty Reduction Strategy (2003)”, and “The Review of the Attainment of the Millennium Development Goals in Africa- An African Common Position (2005)”. He also contributed to the preparation of the “Malawi Country Economic Memorandum (1999-2000)”; two World Bank Structural Adjusment Credits (SACs) for Malawi, namely, “The Malawi Fiscal Restructuring and Deregulation Project (FRDP) I and II”; and Malawi’s National Long-Term Perspective Study (NLTPS)- “Malawi Vision 2020″.

He has also provided strategic leadership in the annual joint publications of the African Union Commission, the United Nations Economic Commission for Africa (UNECA), the African Development Bank (AfDB), and the United Nations Development Programme (UNDP). These include “Assessing Regional Integration in Africa”, “Economic Report on Africa”, “African Statistical Yearbook”, and “Assessing Progress in the Attainment of the Millennium Development Goals in Africa. In addition, he has been Executive and Managing Editor of “African Integration Review”, a biannual journal of the African Union Commission’s Department of Economic Affairs.

Since 2009, Mkwezalamba has served as the African Union’s Sherpa for the G20 Summit. In this capacity, he has played a key role in articulating African Union’s position in the G20 Sherpa meetings, that prepare for the G20 Summits of Leaders. Further, he has since 2008, played an active role in the preparations of the African Union for the G8 Summits, working closely with G8-Africa Personal Representatives of Heads of State and Government.

While at the African Union Commission, Mkwezalamba has worked relentlessly in promoting Africa’s integration, growth and development agenda. This has been done in collaboration with the African Union Member States, the Regional Economic Communities (RECs), and various partners, including the United Nations Economic Commission for Africa (UNECA)and the African Development Bank (AfDB). His focus has been on providing policy guidance, strategic thinking and direction, overall supervision and management, and leadership.

The areas covered have included economic policy formulation, coordination and harmonization at the continental level; establishment of the pan-African financial institutions, namely, the African Central Bank, the African Investment Bank, and the African Monetary Fund; and private sector development, investment, and resources mobilization, including alternative sources of financing the African Union. Other areas have been economic cooperation and regional integration; statistical development in Africa; the attainment of the Millennium Development Goals in Africa; the integration of the New Partnership for Africa’s Development (NEPAD) in the structures and processes of the African Union; and the development of Common African Positions related to economic, financial and developmet issues.

Author of several papers and publications, Mkwezalamba’s areas of specialization include Macro-Economic Theory and Policy, Monetary Economics, Public Finance, International Trade and Finance, and Economics of Development. He also has experience and expertise in Econometrics, Statistics, Regional Integration, Private Sector Development, and Investment Appraisal and Business Finance.
References

8 Responses to "Get To Know Dr Maxwell Mkwezalamba: Newly Appointed Finance Minister"

  1. NEW BOY  October 18, 2013 at 9:19 am

    mwina tinena kuti bola a minister of finance amanewa. anzathu aja akapitilize kulemba ndakatulo

    Reply
  2. bola  October 18, 2013 at 1:28 am

    As long as za ndale zisamulowelere panopa, mwina atha kutithandiza with focus on national wealth development, as long as asamayeselere theory iriyonse pa chuma chathu. Congrants amai.

    Reply
  3. VYOTO  October 17, 2013 at 6:44 am

    THE CV TELLS VOLUMES AND VOLUMES OF THIS DR MKWEZALAMBA’S CAPABILITIES,SURELY, MKWEZALAMBA WILL PERFORM WONDERS JUST LIKE GOODAH GONDWE DID BETWEEN 2004 TO 2009 BEFORE THE ECCENTRIC LATE BINGU MUTHALIKA JELOUSLY REMOVED HIM AS MINISTER OF FINANCE AND BROUGHT IN THE ART SPECIALIST DR KEN LIPENGA AS PART OF THE DPP LOMWELISATION POLICY FOR ALL KEY GOVERNMENT POSITIONS ,WHAT A MISALLOCATION OF RESOURCES.

    WITH THE APPOINTMENT OF DR MKWEZALAMBA AS MINISTER OF FINANCE, THE DONOR COMMUNITY WILL SMILE WHILE MUTHALIKA AND HIS DPP ASEGUKA MUMIMBA NDITHU???? THIS IS WHAT WE CALL LEADERSHIP ,OSATI BEING ARROGANT AT A TIME WHEN THINGS ARE GOING BAD AS WE WITNESSED WHEN ONE MUTHALIKA WAS AT STATE HOUSE !!!!!!!!!!!!!!!!!!!!!!!!!!!!

    Reply
  4. Oliver Twist  October 16, 2013 at 10:14 am

    Yes! Yes! Yes! Economist and just that! Period!!!

    Reply
  5. Chapaphwisis  October 15, 2013 at 9:23 pm

    He is not apolitician, and u jst said he was on so so, plz tell us whch district? Any way it sounds good, may be he gonna help us to make good use of our tax money, than stupid idiot English teacher Lipenga, better Mkwezalamba knows of economics. We wish u all the best to newly appointed position, ndalama ndiye achina Lipenga aba! So plz save our tax money kufikila pamene tidzayipatse krk ya thako PP ndi vote pa 20 May next yr, come rain or sunshine, Joyce u r not going to win, and I think parliament must impeach this bitch, we dont need to wait election, she is also athief, we need vote of no confidence and impeach her

    Reply
  6. chindere cha ku ndata  October 15, 2013 at 7:14 pm

    He is a politician from the time he was appointed a minister a couple of hours ago

    Reply
  7. Gkambwiri  October 15, 2013 at 6:10 pm

    Nkwezalamba z capable of holdin dis post. Lets suport hm he he hz inherited dis post in a mess

    Reply
  8. caddonmann  October 15, 2013 at 5:35 pm

    inu a malawi voice: mukuti he is a politician and economist. yet i have read paliponse pamene mwakambapo za ndale za dr mkwezalamba. mwayambapo kufuna kumpaka zoipa munthuyu. dr mkwezalama he is not a politician. he is an economist. period.

    Reply

Leave a Reply