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Malawi VP’s death diminishes prospects for change

Wednesday, October 2, 2024

Significance

Despite the substantial powers of the presidency, neither man is likely to drive major improvements or indeed a significant deterioration in Malawi’s strong democracy or weak economy.

Impacts

  • If Lotus Resources reopens the Kayelekera uranium mine as promised, uranium would quickly become Malawi’s second-largest export again.
  • The Kayelekera mine and a USD350mn US support package offer Malawi’s best prospects for an economic boost over the short term.
  • Both Mutharika and Chakwera are likely to maintain a similarly balanced foreign policy towards both the United States and China.

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