Sosten Gwengwe

Honorable
Sosten Gwengwe, M.P.
Honorable Sosten Gwengwe, M.P.
	Gwengwe in 2013
Minister of Finance & Economic Affairs
	In office; 30 January 2022 – October 2023
President	Lazarus Chakwera
Preceded by	Felix Mlusu
Succeeded by	Simplex Chithyola Banda
Minister of Trade
	In office; 28 June 2020 – 26 January 2022
President	Lazarus Chakwera
Preceded by	Salim Bagus
	In office; 2012–2014
President	Joyce Banda
Member of Parliament; Lilongwe Msozi North
	Incumbent
	Assumed office ; 2017
Preceded by	Highton Jiya
Member of Parliament; Dedza Central
	In office; 2009–2014
Personal details
Born	20 May 1977 (age 47)
Nationality	Malawian
Political party	Malawi Congress Party
Spouse	Colovine Gwengwe
Alma mater	Malawi Polytechnic (B.Acc) ; OBU (MBA)
Profession	Management accountant

Sosten Gwengwe (born 20 May 1977) is a Malawian politician who served as the Minister of Finance and Economic Affairs of the Republic of Malawi from January 30, 2022 until his replacement in October 2023. He previously served as Minister of Trade from June 2020 until his appointment as Finance and Economic Affairs Minister.^[1]^[2]

Gwengwe was first elected to Parliament in 2009 as a member of the Malawi Congress Party, but announced on August 31, 2011 that he was switching to the Democratic Progressive Party because the MCP "had nothing to offer to the country" and the DPP under President Bingu wa Mutharika had a "clear vision of developing the country".^[3] Following the death of President Mutharika, he joined the People's Party.^[4]

Early life and education

Gwengwe is a Chartered Management Accountant (CIMA) and has worked in both public and private sector. He holds a Bachelor of Accountancy degree which he obtained from the University of Malawi (The Polytechnic). He is also a holder of Master of Business Administration (Finance) from Oxford Brookes University of the United Kingdom.

Gwengwe has teaching experience after teaching various Business Management courses at London Vocational, Management and Training Business School (an Emile Wolf College) in London. In Malawi, he established Dzuka Girls Secondary School, Dzuka Girls Primary School, Dzuka Private Academy, Alice Gwengwe Foundation, Sosten Gwengwe Foundation and Gwengwe Private Academy.^[5]

Political career

Gwengwe is a member of Parliament for Lilongwe Msonzi North. His political career started in 2009 when he was first elected as Member of Parliament for Dedza Central Constituency. Gwengwe has served in the cabinet in various capacities and ministries including Ministry of Transport and Ministry of Industry and Trade. He is currently serving as Minister of Finance after being promoted in a February Cabinet Reshuffle by President Lazarus Chakwera.^[6]

In 2014, President Joyce Banda picked Gwengwe to be her running mate. Banda lost the elections and Gwengwe failed to become the Vice President of the country.^[7]

Other activities

International Monetary Fund (IMF), Ex-Officio Member of the Board of Governors (since 2022)^[8]

References

^ "Banda picks youthful running mate". The Citizen (Tanzania). 2014-02-14. Retrieved 2014-02-15.
^ "Get to know Sosten Gwengwe, JB's running mate". Face of Malawi. 2014-02-14. Retrieved 2014-02-15.
^ "MP Sosten Gwengwe joins DPP | Malawi Nyasa Times – Malawi breaking news in Malawi". Archived from the original on 2016-03-04. Retrieved 2014-08-11.
^ "Gwengwe speaks on political career -The Nation Online". Archived from the original on 2014-08-12. Retrieved 2014-08-11.
^ "Hon Sosten A. Gwengwe, MP – presstrust.mw". Retrieved 2022-07-20.
^ "Malawi president changes finance minister in reshuffled cabinet". Reuters. 2022-01-28. Retrieved 2022-07-20.
^ "JB picks Gwengwe as her running mate: Done deal! - Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. 2014-02-13. Retrieved 2022-07-20.
^ Board of Governors International Monetary Fund (IMF).

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[1] "Banda picks youthful running mate". The Citizen (Tanzania). 2014-02-14. Retrieved 2014-02-15.

[2] "Get to know Sosten Gwengwe, JB's running mate". Face of Malawi. 2014-02-14. Retrieved 2014-02-15.

[3] "MP Sosten Gwengwe joins DPP | Malawi Nyasa Times – Malawi breaking news in Malawi". Archived from the original on 2016-03-04. Retrieved 2014-08-11.

[4] "Gwengwe speaks on political career -The Nation Online". Archived from the original on 2014-08-12. Retrieved 2014-08-11.

[5] "Hon Sosten A. Gwengwe, MP – presstrust.mw". Retrieved 2022-07-20.

[6] "Malawi president changes finance minister in reshuffled cabinet". Reuters. 2022-01-28. Retrieved 2022-07-20.

[7] "JB picks Gwengwe as her running mate: Done deal! - Malawi Nyasa Times - News from Malawi about Malawi". www.nyasatimes.com. 2014-02-13. Retrieved 2022-07-20.

[8] Board of Governors International Monetary Fund (IMF).

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