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Simplex Chithyola Banda

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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)
PartyMalawi Congress Party
EducationUniversity 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

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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

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  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. 1 2 "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. 1 2 "Malawian police arrested the former finance minister Sunday on suspicion of money laundering and abuse of office,". AfricaNews.