Breaking News:

Just In, News



A report about worth of former president of the republic of Malawi Joyce Banda has been brought to light, zoadiak online has established.

The asset declaration exercise which the ex president carried out on 30th december 2014 indicate that she owns over 70 vehicles.

To clear her name from getting the vehicles in a corrupt manner, Joyce Banda said that the cars were donated by well wishers through her Joyce Banda foundation charity organisation. Being the founder of People’s Party (PP) she donated 60 of the cars to the party, she admitted not clearing taxes which are paid over imported goods with Malawi Revenue Authority.

The first female president is also said to have got a K100 000 000 loan from national bank of Malawi and her husband, retired chief justice Richard Banda did likewise. She also has an account in the United States of America which is worth over $45 000.

Joyce Banda foundation Secondary School which also offers international curriculum and located in Chimwankhunda, Blantyre, is said to be worth K145 000 000.

Revelations about a K300 000 000 mansion currently under construction in Chintheche Nkhata Bay, where her husband hails from, have also been made.

Her declaration bears witness to her response to ex Zodiak reporter’s remarks, Pilirani Phiri during a press conference that was held at Sanjika palace where she said money is not a problem to her, therefore people should stop perceiving her as a thief.

Related Posts

Leave a reply

Your email address will not be published. Required fields are marked *

  • Mrs Mia inspires DPP senior officials

    In a leaked whatsapp conversation among DPP gurus the blue officials said they wish Mrs Abida Mia who has a hardworking spirit was in their team. The DPP officials which include; Ben Phiri, Ngeme Kalilani and Nicholas Dausi just to mention a few said Abida Mia is an insiration to all women in politics. One…


    What UTM will do is to divide the DPP votes. The scenario will be much the same like the Gwanda and John Tembo scenario in 2004. This gives MCP an opportunity to make the best use of its unwavering supporters, which are over a million. Plus those who are generally disgruntled with DPP and those…

  • Govt withdrawals Vice President’s security detail 

    By Feston Malekezo/ Times Media Malawi Government has withdrawn the Vice President Saulos Chilima’s security detail with immediate effect, the office of the vice president said late Wednesday. “It’s true that today we were informed that the Vice President will not be accorded some of privileges his office is entitled to including his security,” said…

  • Malawi: Long-Term Development Plans Are Essential

    By Tione Andsen Lilongwe — Vice President, Dr Saulos Chilima has hinted that Malawi as a country should stop thinking of short-term implementation of its development agenda. He made the observation Thursday at Bingu International Convention Centre (BICC) in Lilongwe during the launch of Malawi Growth Development Strategy (MGDS) III Mid-Term Review Report. Chilima who…

  • God’s man in State House

    In an exclusive interview with New African, Malawi’s new President, Lazarus Chakwera, outlines his intention to replace the ‘old Machiavellian politics’ with more ethical governance and says he still believes he can honour his election pledge of creating a million jobs. By New African Magazine Like his Biblical namesake, Malawi’s President Lazarus McCarthy Chakwera metaphorically came back from…

  • Lower Shire Farmers Dazzle

    Government says Malawi has potential for growth in the agricultural sector as it is endowed with both human and natural resources for improved agricultural practices and socio-economic development. Minister of Agriculture Hon. Lobin Lowe, MP said this when he visited Chikwawa and Nsanje districts on a familiarisation tour to appreciate some of the efforts being…