The persistent power outages besetting his nation need no introduction. And the impacts of these outages are there for all to see: Some manufacturing companies have scaled down their production, producing at around 40 percent of their optimal capacity, subsequently resulting in shortages on the market of some critical products such as cement; Small and Medium Entreprises (SMEs) whose core business rely solely on electricity have not been spared either with the survival of these small businesses remaining a daunting task in this hostile business environment.
The Malawi Energy Regulatory Authority (Mera) is banking on new guidelines for liquid and petroleum gas (LPG) to increase uptake of gas, whose consumption, at 150 grammes per capita, is the lowest in the region.
Unlike other countries in the Southern Africa Development Community (Sadc) region, Malawi has made less strides in the sector due to public perception; thereby losing out on an important alternative energy source.
Extracts from speeches delivered by President Mutharika as well as from Leader of Opposition Chakwera on the Parliament opening on Friday 10th of November. The excerpts are concerning the electricity topic.
Newly appointed Economics Association of Malawi (Ecama) president, Chikumbutso Kalilombe, says the association has come up with both long-term and medium-term resolutions that will help Malawi achieve inclusive and transformative economic growth going forward.
Topping the medium-term resolutions is the need to invest in the energy sector as one way of dealing with the electricity crisis that has crippled private sector growth.
Malawi Energy Regulatory Authority (Mera) has maintained pump prices at current levels which mean that petrol price remains at K824.70 perlitre whilst diesel is still at 815.80 per litre for diesel and paraffin is at K648.70 per litre.