By: Dr. David Himbara Managing Directors of IMF are supposed to be dull and boring economists obsessed with balancing countries’ books. Not Christine Lagarde. A former finance minister in France, she is a clever political operator. She proved this in her visit to Rwanda, the high mark of which was her speech in Rwandan parliament on January 27, 2015. Her strategy was simple – first flatter the Rwandan rulers and then hit them hard with gospel truth. Take this early praise in her speech: “Today Rwanda can take pride in…Read More
BLANTYRE – President Joyce Banda said she’ll fight corruption even if it means losing the May 24th Presidential Elections.
The U.K. government leading the way and foreign donors such as the IMF have suspended aid that finances about 40 percent of the Malawi’s budget after reports of rampant corruption and abuse of public funds.