Malawi’s crisis did not emerge overnight. It is a cumulative outcome of broken political contracts, weak institutions and a development model that rewards power over productivity. Each electoral cycle arrives with grand promises calibrated for applause rather than delivery.
Shoes for every Malawian, free education, trust funds for newborns these are not policy frameworks; they are campaign slogans. When they inevitably collapse, public trust erodes further and the State loses credibility as a development agent. The deeper problem is not simply that leaders lie.
It is that Malawi has normalised politics without consequences. Promises are made without costing, without implementation plans and without institutional accountability. Once in office, leaders quickly become captive to patronage networks, rent-seeking elites and short-term political survival.
[paywall]
Historical comparisons matter because they highlight what Malawi lost along the way. Under Kamuzu Banda, the economy was tightly controlled, often repressively so, but it was anchored in production—estate agriculture, parastatals with clear mandates, and long-term planning. Under Bingu wa Mutharika, whatever his flaws, there was a coherent developmental vision: Fiscal discipline, infrastructure, food security, and reduced donor dependency.
Since then, Malawi has drifted. Consumption replaced production. Borrowing replaced reform.
Politics replaced policy. The tragedy is that many leaders do not enter office intending to fail. They are ‘captured’ because Malawi’s political economy is designed to capture them.
Campaign financing is opaque, public procurement is politicised, the civil service is weakened and oversight institutions are either compromised or ignored. In such a system, even well-meaning leaders are pulled into survival mode, reward supporters, silence critics, extract rents and postpone hard reforms. End politics of promises; enforce politics of plans: No manifesto should be accepted without independent costing, timelines and measurable outcomes.
Parliament and civil society must treat unfunded promises as fiscal fraud, not rhetoric. Rebuild institutions, not personalities: Development will not come from ‘better leaders’ alone. It will come from strong rules: An independent Reserve Bank, credible procurement systems, empowered anti-corruption agencies, and a professional civil service insulated from political cycles.
Shift from consumption to production: Malawi must stop financing recurrent expenditure through borrowing and donor inflows. The priority must be agriculture value chains, agro-processing, energy, logistics and SMEs that export. Growth must be earned, not borrowed.
Fix public finance at the core: Domestic borrowing at punitive interest rates is strangling the private sector and entrenching poverty. Fiscal discipline is not optional, it is the foundation of development.
[/paywall]