Hon- Friday Anderson Jumbe 2014-06-21 14-39

Friday Anderson Jumbe (born 4 April 1955) is a Malawian economist and politician who served in the government of Malawi as Minister of Finance and Economic Planning under President

Bakili Muluzi Elson Bakili Muluzi (born March 17, 1943 in Machinga, Nyasaland) is a Malawian politician who was the first freely elected president of Malawi from 1994 to 2004. He was also chairman of the United Democratic Front (UDF) until 2009. He succeeded ...

, representing the United Democratic Front.

Early life and education

Jumbe studied economics and political science and obtained a bachelor's degree in 1977 from the

University of Malawi The University of Malawi (UNIMA) is a public university established in 1965 and until 4 May 2021, when the university underwent a delinking, was composed of four constituent colleges located in Zomba, Blantyre, and Lilongwe. Of the four colleges, ...

, Chancellor college. He obtained a post graduate diploma in project planning and appraisal from

University of Bradford The University of Bradford is a Public university, public research university located in the city of Bradford, West Yorkshire, England. A plate glass university, it received its royal charter in 1966, making it the 40th university to be creat ...

in 1980. In 1985 he obtained a Masters of Science degree in Finance and banking for Development from Fianafrica in

Milan, Italy Milan ( , , Lombard language, Lombard: ; it, Milano ) is a city in northern Italy, capital of Lombardy, and the List of cities in Italy, second-most populous city proper in Italy after Rome. The city proper has a population of about 1.4 ...

. In 2013 he was pursuing his dissertation for a Doctoral degree in Finance from Exploits University, a private institution of higher learning in Malawi. His PhD research work is on the Malawi economy and its performance under aid packages from donors and multilateral institutions.

Career

Jumbe worked as a projects analyst in Malawi Development Corporation in 1977. He was General manager of National Oil Industries for seven years, and Agricultural Marketing and Chief executive Officer Development Corporation for eight years. He headed boards of the Illovo Sugar Corporation, the

National Bank of Malawi National Bank of Malawi (NBM), is a commercial bank in Malawi. The bank is one of the commercial banks licensed by the Reserve Bank of Malawi, the central bank and national banking regulator. Location The headquarters and main office of the Nati ...

, and Auction Holdings Ltd and Finance Corporation of Malawi. He also served on various boards of private companies between 1985 and 2002. Jumbe was elected Member of Parliament for Chiradzulu Central Constituency. In 2002 he was appointed Minister of Finance and Economic Planning, and held the post until 2004. In 2004, Jumbe was arrested in connection with his alleged mismanagement of Malawi's

strategic reserve A strategic reserve is the reserve of a commodity or items that is held back from normal use by governments, organisations, or businesses in pursuance of a particular strategy or to cope with unexpected events. A document issued by the US Departm ...

of maize. In 2009, Jumbe was interim leader of the United Democratic Front. In 2012, Jumbe became acting President of the United Democratic Front, but subsequently alleged that

had not given him access to the party's finances, that he had therefore had to run the party with his own funds, and that this had been a ploy with the goal of preparing Muluzi's son

Atupele Muluzi Atupele Muluzi (born 6 August 1978) is a Malawian politician, businessman and was a Member of Parliament for Machinga North East constituency from 2004 until May 27, 2019. He is also the President of the United Democratic Front and was a presi ...

to take power. In 2013, he was the leader of the New Labor Party. Also that year he faced bankruptcy proceedings related to a refusal to pay legal fees. In February 2014, Jumbe formally announced his intention to run for

President of Malawi The president of the Republic of Malawi ( ny, Mtsogoleri wa Dziko la Malawi) is the head of state and head of government of Malawi. The president leads the executive branch of the Government of Malawi and is the commander-in-chief of the Malawia ...

.Jumbe paired with Kubwalo: Says Malawi needs New Labour Party expertise
by Thom Chiumia; at the ''

Nyasa Times ''Nyasa Times'' is an online newspaper providing Malawi Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered ...

''; published 13 February 2014; retrieved 28 March 2014

References

External links

Interview with Friday Jumbe
22 March 2002 {{DEFAULTSORT:Jumbe, Friday 1955 births Finance ministers of Malawi Living people Government ministers of Malawi Members of the National Assembly (Malawi) United Democratic Front (Malawi) politicians