Dalitso Kabambe (born 17 November 1973) is an economist, banker and politician from Malawi. He served as the 13th Governor of the Reserve Bank of Malawi from 2017 until 2020 .[2]
Kabambe is a Malawian development economist who was appointed Governor for the Reserve Bank of Malawi on 21 April 2017 by the then Malawi President Peter Mutharika.
Prior to his governorship of the country's central bank, Kabambe worked in the Malawi Government Economic Service for a period of 19 years from 1998. He held different positions such as Principal Economist, Chief Economist, Deputy Director of Economic Planning and, Budget Director in the Ministry of Finance, Economic Planning and Development. He was the Director of Planning and Policy Development at the Ministry of Health from 2013 to 2015, where he was also in charge of the national health budget. He served as Secretary for Foreign Affairs and International Cooperation for close to 2 years. He was replaced as governor by Wilson Banda on 9 July 2020.
Personal life
Kabambe is married to Brigitte Kabambe. The couple has three children. He is a member of the Seventh-day Adventist Church where he is also a Church Elder.
Education
He holds a PhD and a master's degree in Development Economics from Imperial College, University of London, United Kingdom which he obtained in 2008 and 2001 respectively. He got his first degree from the University of Malawi in 1998.[3]
Joining politics
Kabambe publicly announced his decision to join active politics on 31 December 2020 when he was unveiled as a member of the opposition Democratic Progressive Party (Malawi). Media reports indicate Kabambe will run to be leader of the party in order to stand as its torchbearer in the 2025 Malawi presidential elections.[4][5][6] He is yet to announce his candidacy for the DPP leadership seat.
Controversies
Kabambe was rocked in a salary controversy when it emerged that as governor of Malawi's central bank, his monthly perk was billed at K24 million (about US$30,000). In an interview with Zodiak, Kabambe confirmed the reports, saying his salary was approved by the Bank's board in line with the Reserve Bank of Malawi Act of Parliament and his years of service.[7][8][9]
While reports indicate that salary for Kabambe's successor, Wilson Banda, has been reviewed, this has not yet been evidentially confirmed by any of the country's media outlets. One of the country's civil society organisations (CSOs) described as politically motivated the forensic audit that leaked Kabambe's salary owing to the ex-governor's decision to join active politics. The organisation, Centre for Democracy and Economic Development (CDEDI), claimed in a report that it released to the media that the audit was illegal and that the leakage smacked of a conspiracy to stop Kabambe from becoming DPP's torchbearer in order to oust the incumbent president, Lazarus Chakwera in the 2025 Malawi presidential elections.[10] The organisation called the audit illegal.
In May, 2021, the Lilongwe Water Board released names of owners of residences with illegal water connections in local newspapers in an unprecedented "name and shame" campaign. Dr. Kabambe's name appeared on the list. Despite efforts to clear his name in the media, there are still concerns that he authorized an illegal water connection to his house, concerns that cast a shadow on his longshot bid for the presidency in 2025.
In December 2021, Dalitso Kabambe was accused of manipulating accounts to obtain a loan from the International Monetary Fund while he was director of the central bank of Malawi.
References
^Malenga, Bright (April 21, 2017). "Kabambe appointed as new RBM Governor | Malawi 24 - Malawi news". Malawi24. Retrieved February 3, 2021.
^"Featured Speaker: Dalitso Kabambe Governor for the Reserve Bank of Malawi". World Bank. World Bank. Retrieved February 3, 2021.
^Chimjeka, Rebecca (April 29, 2017). "'I Will Focus On Achieving Macroeconomic Stability' | The Nation Online | Malawi Daily Newspaper". The Nation. Retrieved February 3, 2021.
^Malawi24 (December 31, 2020). "Former RBM governor poised to take on Nankhumwa for DPP leadership | Malawi 24 - Malawi news". Malawi 24.
^Nyasa Times (January 2, 2021). "Nankhumwa plays down 'DK-2025' hype in DPP presidential race | Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com.
^"Former RBM governor poised to take on Nankhumwa for DPP leadership | Malawi 24 - Malawi news". Malawi 24. December 31, 2020.
^"'Address governance lapses at Reserve Bank of Malawi, Parliament' | Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. January 2, 2021.
^Mperiwa, Esther. "Expert calls for RBM Act review, Governor should not be Board Chair". Kulinji.
^"Reserve Bank of Malawi queried over results of forensic audit: Cdedi blames governor for leakage of privileged information | Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. December 28, 2020.
dalitso, kabambe, this, biography, living, person, needs, additional, citations, verification, please, help, adding, reliable, sources, contentious, material, about, living, persons, that, unsourced, poorly, sourced, must, removed, immediately, especially, pot. This biography of a living person needs additional citations for verification Please help by adding reliable sources Contentious material about living persons that is unsourced or poorly sourced must be removed immediately especially if potentially libelous or harmful Find sources Dalitso Kabambe news newspapers books scholar JSTOR February 2021 Learn how and when to remove this template message Dalitso Kabambe born 17 November 1973 is an economist banker and politician from Malawi He served as the 13th Governor of the Reserve Bank of Malawi from 2017 until 2020 2 Dalitso Kabambe13th Governor of the Reserve Bank of MalawiIn office 21 April 2017 8 July 2020Appointed byPeter Mutharika 1 Preceded byCharles ChukaSucceeded byWilson BandaPersonal detailsBorn 1973 11 17 17 November 1973 age 49 Thyolo Thyolo District MalawiSpouseBrigitte KabambeAlma materImperial College London University of Malawi Contents 1 Career 2 Personal life 3 Education 4 Joining politics 5 Controversies 6 References 7 External linksCareer EditKabambe is a Malawian development economist who was appointed Governor for the Reserve Bank of Malawi on 21 April 2017 by the then Malawi President Peter Mutharika Prior to his governorship of the country s central bank Kabambe worked in the Malawi Government Economic Service for a period of 19 years from 1998 He held different positions such as Principal Economist Chief Economist Deputy Director of Economic Planning and Budget Director in the Ministry of Finance Economic Planning and Development He was the Director of Planning and Policy Development at the Ministry of Health from 2013 to 2015 where he was also in charge of the national health budget He served as Secretary for Foreign Affairs and International Cooperation for close to 2 years He was replaced as governor by Wilson Banda on 9 July 2020 Personal life EditKabambe is married to Brigitte Kabambe The couple has three children He is a member of the Seventh day Adventist Church where he is also a Church Elder Education EditHe holds a PhD and a master s degree in Development Economics from Imperial College University of London United Kingdom which he obtained in 2008 and 2001 respectively He got his first degree from the University of Malawi in 1998 3 Joining politics EditKabambe publicly announced his decision to join active politics on 31 December 2020 when he was unveiled as a member of the opposition Democratic Progressive Party Malawi Media reports indicate Kabambe will run to be leader of the party in order to stand as its torchbearer in the 2025 Malawi presidential elections 4 5 6 He is yet to announce his candidacy for the DPP leadership seat Controversies EditKabambe was rocked in a salary controversy when it emerged that as governor of Malawi s central bank his monthly perk was billed at K24 million about US 30 000 In an interview with Zodiak Kabambe confirmed the reports saying his salary was approved by the Bank s board in line with the Reserve Bank of Malawi Act of Parliament and his years of service 7 8 9 While reports indicate that salary for Kabambe s successor Wilson Banda has been reviewed this has not yet been evidentially confirmed by any of the country s media outlets One of the country s civil society organisations CSOs described as politically motivated the forensic audit that leaked Kabambe s salary owing to the ex governor s decision to join active politics The organisation Centre for Democracy and Economic Development CDEDI claimed in a report that it released to the media that the audit was illegal and that the leakage smacked of a conspiracy to stop Kabambe from becoming DPP s torchbearer in order to oust the incumbent president Lazarus Chakwera in the 2025 Malawi presidential elections 10 The organisation called the audit illegal In May 2021 the Lilongwe Water Board released names of owners of residences with illegal water connections in local newspapers in an unprecedented name and shame campaign Dr Kabambe s name appeared on the list Despite efforts to clear his name in the media there are still concerns that he authorized an illegal water connection to his house concerns that cast a shadow on his longshot bid for the presidency in 2025 In December 2021 Dalitso Kabambe was accused of manipulating accounts to obtain a loan from the International Monetary Fund while he was director of the central bank of Malawi References Edit Malenga Bright April 21 2017 Kabambe appointed as new RBM Governor Malawi 24 Malawi news Malawi24 Retrieved February 3 2021 Featured Speaker Dalitso Kabambe Governor for the Reserve Bank of Malawi World Bank World Bank Retrieved February 3 2021 Chimjeka Rebecca April 29 2017 I Will Focus On Achieving Macroeconomic Stability The Nation Online Malawi Daily Newspaper The Nation Retrieved February 3 2021 Malawi24 December 31 2020 Former RBM governor poised to take on Nankhumwa for DPP leadership Malawi 24 Malawi news Malawi 24 AllAfrica February 1 2021 Malawi DPP Changes Tune Over Convention allAfrica com Nyasa Times January 2 2021 Nankhumwa plays down DK 2025 hype in DPP presidential race Malawi Nyasa Times News from Malawi about Malawi www nyasatimes com Former RBM governor poised to take on Nankhumwa for DPP leadership Malawi 24 Malawi news Malawi 24 December 31 2020 Address governance lapses at Reserve Bank of Malawi Parliament Malawi Nyasa Times News from Malawi about Malawi www nyasatimes com January 2 2021 Mperiwa Esther Expert calls for RBM Act review Governor should not be Board Chair Kulinji Reserve Bank of Malawi queried over results of forensic audit Cdedi blames governor for leakage of privileged information Malawi Nyasa Times News from Malawi about Malawi www nyasatimes com December 28 2020 Political officesPreceded byCharles Chuka Governors of Reserve Bank of Malawi Succeeded byWilson BandaExternal links EditFacebook Retrieved from https en wikipedia org w index php title Dalitso Kabambe amp oldid 1116005376, wikipedia, wiki, book, books, library,
