In a statement that has gained wider public approval, retired Justice of Malawi’s Supreme Court of Appeal, Dustain Mwaungulu has publicly criticized the former Governor of the Reserve Bank of Malawi, Dalitso Kabambe, for his handling of the country’s economic policies.
In a Facebook post yesterday, Mwaungulu did not hold back, highlighted his discontent with Kabambe’s approach to monetary policy and overall economic governance, labeling Kabambe’s tenure a failure and attributing significant blame for Malawi’s ongoing economic struggles to his mismanagement. Justice Mwaungulu asserted that Kabambe’s past roles—first in the Ministry of Finance overseeing budgets and subsequently as Governor of the Reserve Bank—have directly contributed to the fiscal challenges that Malawi faces today.
“I am challenging Dr. Kabambe on his policies – and record! I think I am the best custodian of the Malawi Economy than Dr. Kabambe!” Mwaungulu declared. He continued, “He was in the Ministry of Finance for a spell, and that means that the difficulties this economy has had in the past and during his tenure are partly caused or exacerbated by him.”
Mwaungulu, who has hinted of running for the country’s presidency in the 2025 elections, further criticized Kabambe’s vision for Malawi’s economy, which he described as a “pipe dream,” arguing that it lacks actionable steps to address the economic realities. “What has he got to show for this? I will hammer this in my campaign and debate him. I am running simply because of the economy! And I think that I have better approaches to solving the economic riddle of Malawi,” he added.
The retired Justice, known for his extensive legal career and expertise in policy analysis, aims to bring fresh perspectives to the economic discourse in Malawi. Mwaungulu, who holds a Master’s degree from University College London, has a diverse background in law, having worked with both national courts and international legal organizations.
This outspoken criticism is expected to set the tone for upcoming political debates as Malawi navigates its course towards 2025 elections. Dr. Dalitso Kabambe has yet to respond publicly to Mwaungulu’s statements, but the discourse surrounding their differing views will likely gain momentum amidst increasing public scrutiny over Malawi’s economic performance.
