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Malawi Political ExchangePolitical Market Performance Report - 14 September 14 October 2012

By Kumbu Kuntiya Malawi2014

The Malawi political landscape continued to register some growth in terms of activity but was a bit slow as

compared to a previous periods. Despite not registering major developments like those of previous periods, the

political landscape registered some positive growth amongst all major participating players. The major casualty

were shares for DPP as well as its political market capitalization following its loss in the Mzimba by-elections. In

addition, the offloading of major shares held by its major shareholder and Chief Executive Officer, Mr. Wakuda

Kamanga further worsened the political value of DPP. Finally, within the period, DPP shares and share value as well

as political capitalization were further worsened following resignation of its Executive President, Dr. Goodall

Gondwe who withdrew his shares. He is yet to offer them back on the market for resale or might stick to his words

by not further investing them back on the political market.

On the other hand, the highest climber on the political exchange was Peoples Party. It acquired 100% ownership

of Mzimba South west and later acquired a share management rights in Mzimba Central. These greatly boosted its

shareholding of the overall political market for now and it is hoped they might maintain it until the next re

evaluation in 2014. In terms of its capitalization, PP further gained following acquisition of shares offered by

former DPP CEO Wakuda Kamanga who offered his shares to PP at almost below market value and it is further

speculated, share value for PP might improve further as we move towards the next period should Dr. Goodall

Gondwe decide to offer his shares for sale with a view to get ownership rights in PP. This again follows a similar

offloading by Mai Chiponda who had a considerable shareholding in DPP.

Another significant movement though quite small was registered by AFORD despite not acquiring any shares

during the recent sale offer of Mzimba Central and Mzimba South West. By the mere effort of indicating interest to

acquire shares in the two companies, prospects for increased supporter confidence increased as well as share

value. The same scenario applied to NARC who also showed some interest in the two companies but failed to

acquire any shareholding rights despite the terrain being a familiar one.

Finally UDF did not register any movements on the political exchange despite its share price still registering some

volatility ahead of the companys upcoming AGM and share dividend declaration if any will happen. This bearing in

mind, the company has now two parallel board of directors being run by its Executive President and Chief

Executive Officer, Friday Jumbe and Makwangwala respectively.

Prospects for October November period

Next period though its likely to bring in some further activity on the political market should DPP and UDF manage

to have support of the Political Exchange Director, Rt. Hon Chimunthu Banda to have shares acquired by PP being

withdrawn through Section 65 of the Companies Act. This will be determined in the upcoming joint AGM which has

already been called for by the Exchange Director. But it still remains unknown if the companies will indeed discuss

the shares under dispute. What is likely to be discussed as per our records is the probable confirmation of the

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shares acquired by PP in Mzimba. Other than this issue, more movements in terms of share offloading might

continue especially through consortiums held by previous DPP shareholders like Wakuda Kamanga or Mai

Chiponda who might get coerced and offer for sale their shares in PP as well. Some might as well simply give them

up freely.

The major players under this period mostly included the following:

Political Exchange Code Counter Name Movement

PP Peoples Party

UDF United Democratic Front Unchanged

DPP Democratic Progressive Party

AFORD Alliance for Democracy

NARC National Rainbow Coalition

Table of Political Parties

Party AcronymYear

FoundedFounder President

Vice-

PresidentStatus

Alliance for Democracy AFORD 1993 Chakufwa Chihana P VP Active

Congress for Democracy CODE YR Ralph Kasambara VP UnknownDemocratic Progressive

PartyDPP 2005 Bingu wa Mutharika

Peter

MutharikaActive

Malawi Congress Party MCP 1959 Kamuzu Banda John Tembo VP Active

Malawi Forum for Unity and

Development

MAFUND

E2004 F P VP Active

Movement for Genuine

Democratic ChangeA 2004 F P VP Unknown

Malawi Democratic Party MDP 2004 Kamlepo KaluaKamlepo

KaluaVP Unknown

National Democratic

AllianceNDC YR Brown Mpinganjira P VP Dissolved

National Unity Party NUP 2004 F P VP Active

People's Party PP 2011 Joyce Banda Joyce Banda VP Active

Peoples Progressive

MovementPPM YR

Mark Katsonga &

Aleke Banda

Mark

KatsongaVP Unknown

People's Transformation

PartyPETRA YR Kamuzu Chibambo

Kamuzu

ChibamboVP Active

Republican Party RP 2004 Gwanda ChakuambaGwanda

ChakuambaVP Unknown

United Democratic Front UDF 1992 Bakili Muluzi P VP Active

http://en.wikipedia.org/wiki/Alliance_for_Democracy_%28Malawi%29http://en.wikipedia.org/wiki/Chakufwa_Chihanahttp://en.wikipedia.org/wiki/Congress_for_Democracyhttp://en.wikipedia.org/wiki/Ralph_Kasambarahttp://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/Democratic_Progressive_Party_%28Malawi%29http://en.wikipedia.org/wiki/Democratic_Progressive_Party_%28Malawi%29http://en.wikipedia.org/wiki/Bingu_wa_Mutharikahttp://en.wikipedia.org/wiki/Peter_Mutharikahttp://en.wikipedia.org/wiki/Peter_Mutharikahttp://en.wikipedia.org/wiki/Malawi_Congress_Partyhttp://en.wikipedia.org/wiki/Kamuzu_Bandahttp://en.wikipedia.org/wiki/John_Tembohttp://en.wikipedia.org/wiki/Malawi_Forum_for_Unity_and_Developmenthttp://en.wikipedia.org/wiki/Malawi_Forum_for_Unity_and_Developmenthttp://en.wikipedia.org/wiki/Movement_for_Genuine_Democratic_Changehttp://en.wikipedia.org/wiki/Movement_for_Genuine_Democratic_Changehttp://en.wikipedia.org/wiki/Malawi_Democratic_Partyhttp://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/National_Democratic_Alliance_%28Malawi%29http://en.wikipedia.org/wiki/National_Democratic_Alliance_%28Malawi%29http://en.wikipedia.org/wiki/Brown_Mpinganjirahttp://en.wikipedia.org/wiki/National_Unity_Party_%28Malawi%29http://en.wikipedia.org/wiki/Phttp://en.wikipedia.org/wiki/People%27s_Party_%28Malawi%29http://en.wikipedia.org/wiki/Joyce_Bandahttp://en.wikipedia.org/wiki/People%27s_Progressive_Movement_%28Malawi%29http://en.wikipedia.org/wiki/People%27s_Progressive_Movement_%28Malawi%29http://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/wiki/Aleke_Bandahttp://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/People%27s_Transformation_Partyhttp://en.wikipedia.org/wiki/People%27s_Transformation_Partyhttp://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/Republican_Party_%28Malawi%29http://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/United_Democratic_Front_%28Malawi%29http://en.wikipedia.org/wiki/Bakili_Muluzihttp://en.wikipedia.org/wiki/Bakili_Muluzihttp://en.wikipedia.org/wiki/United_Democratic_Front_%28Malawi%29http://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/Gwanda_Chakuambahttp://en.wikipedia.org/wiki/Republican_Party_%28Malawi%29http://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Kamuzu_Chibambo&action=edit&redlink=1http://en.wikipedia.org/wiki/People%27s_Transformation_Partyhttp://en.wikipedia.org/wiki/People%27s_Transformation_Partyhttp://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/wiki/Aleke_Bandahttp://en.wikipedia.org/w/index.php?title=Mark_Katsonga&action=edit&redlink=1http://en.wikipedia.org/wiki/People%27s_Progressive_Movement_%28Malawi%29http://en.wikipedia.org/wiki/People%27s_Progressive_Movement_%28Malawi%29http://en.wikipedia.org/wiki/Joyce_Bandahttp://en.wikipedia.org/wiki/Joyce_Bandahttp://en.wikipedia.org/wiki/People%27s_Party_%28Malawi%29http://en.wikipedia.org/wiki/Phttp://en.wikipedia.org/wiki/National_Unity_Party_%28Malawi%29http://en.wikipedia.org/wiki/Brown_Mpinganjirahttp://en.wikipedia.org/wiki/National_Democratic_Alliance_%28Malawi%29http://en.wikipedia.org/wiki/National_Democratic_Alliance_%28Malawi%29http://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/Kamlepo_Kaluahttp://en.wikipedia.org/wiki/Malawi_Democratic_Partyhttp://en.wikipedia.org/wiki/Movement_for_Genuine_Democratic_Changehttp://en.wikipedia.org/wiki/Movement_for_Genuine_Democratic_Changehttp://en.wikipedia.org/wiki/Malawi_Forum_for_Unity_and_Developmenthttp://en.wikipedia.org/wiki/Malawi_Forum_for_Unity_and_Developmenthttp://en.wikipedia.org/wiki/John_Tembohttp://en.wikipedia.org/wiki/Kamuzu_Bandahttp://en.wikipedia.org/wiki/Malawi_Congress_Partyhttp://en.wikipedia.org/wiki/Peter_Mutharikahttp://en.wikipedia.org/wiki/Peter_Mutharikahttp://en.wikipedia.org/wiki/Bingu_wa_Mutharikahttp://en.wikipedia.org/wiki/Democratic_Progressive_Party_%28Malawi%29http://en.wikipedia.org/wiki/Democratic_Progressive_Party_%28Malawi%29http://en.wikipedia.org/wiki/VPhttp://en.wikipedia.org/wiki/Ralph_Kasambarahttp://en.wikipedia.org/wiki/Congress_for_Democracyhttp://en.wikipedia.org/wiki/Chakufwa_Chihanahttp://en.wikipedia.org/wiki/Alliance_for_Democracy_%28Malawi%29