Tags : NEEF loans

CHAKWERA COMMITS TO EMPOWERING YOUTH THROUGH NEEF

 By Meclina Chirwa  President Lazarus Chakwera has reiterated Tonse Alliance government’s commitment towards empowering the youths through loan opportunities administered by the National Economic Empowerment Fund (NEEF) Limited. Chakwera was responding to a question from Member of Parliament for Machinga East Ester Jolobala who complained youths from the southern region are being sidelined in loan […]Read More

YOUTH ACTIVIST CAUTIONS NEEF AGAINST MISMANAGEMENT OF FUNDS

By Meclina Chirwa  Mismanagement of the National Economic Empowerment Fund(NEEF) Limited could cost government the youth support.  The caution, from youth rights commentator Lucky Mbewe, comes against a background of concerns from some youths that loans conditions under NEEF are not youth friendly.  Mbewe said, "The Tonse Alliance is repeating mistakes of the previous regime […]Read More

YOUTH ACCUSE NEEF OF FAVOURITISM

By Meclina Chirwa Some youths in Lilongwe have complained on the selective process of identifying groups to access loans under the National Economic Empowerment Fund. Speaking in separate interviews with Timveni, the youth said it is very unfortunate that after rebranding nothing has changed at the organization. The youths feel like the Tonse administration is favoring […]Read More

SMOOTH START TO NEEF

By Aamon Butao Government says the resumption of loan disbursement by the rebranded National Economic Empowerment Fund Limited—NEEF has started smoothly. NEEF, which replaced the Malawi Enterprise Development Fund—MEDEF, resumed operations on Tuesday following suspension of loan disbursement over maladministration concerns.  Speaking to Timveni, Treasury Spokesperson Williams Banda said NEEF is currently recruiting individuals and […]Read More