| Goodall Gondwe | |
|---|---|
| Interim President of the African Development Bank | |
| In office July 1979 – June 1980 |
|
| Preceded by | Kwame Donkor Fordword |
| Succeeded by | Wila D'Israeli Mung'omba |
| Personal details | |
| Born | 1936 Kayiwonanga Village, Mzimba, Northern Region, Malawi |
| Nationality | Malawian |
Goodall Edward Gondwe (born 1936) is a Malawian economist. He is in the current cabinet of Malawi as the Minister of Natural Resources. He is a former Minister of Finance and Minister of local Government for the nation of Malawi. He is also a former IMF official and was also head of the former director of the Africa division for the International Monetary Fund before returning to Malawi to work as a politician.
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He is from Kayiwonanga Village, Mzimba in the Northern Region of Malawi.[1] He lived and worked in Ivory Coast and in Virginia, US.
Gondwe has held a number of appointments to national and international financial institutions, including: General Manager of the Reserve Bank of Malawi; Senior Vice President and Acting President of the African Development Bank; Senior Advisor, Director for Africa and Special advisor to the Managing Director of the International Monetary Fund; and Chief Economic Advisor to the former Head of State, Bakili Muluzi.[1]
Gondwe began his political career serving as an economic adviser to Bingu wa Mutharika.
Gondwe was appointed to the position of Minister of Finance in June 2004 by President Bingu wa Mutharika. He has been credited for Malawis success during Mutharika's first term.[2]. He served as Minister of Finance for the nation of Malawi during which time, his economic development policies, together with Bingu wa Mutharika, helped drastically improve the economic situation in the country.
Gondwe played a primary role in negotiating the contract and agreement with the Australian Uranium Mining company, Paladin Energy which was Malawi's first Uranium Mining company.[3] Gondwe noted that the exploration of uranium would boost the country’s export base.[4]. The revenue for the uranium is projected to exceed proceeds from tobacco, Malawis main foreign exchange earner. During this time, the Minister of Energy and Mining was Henry Chimunthu Banda.[5].The uranium project also promised to transform the under-developed Kayelekera which is in the underdeveloped northern region by turning it into a prosperous town. It was expected to create jobs for 800 people during the construction and 280 people during the operation. [6] The project and Paladin Energy however, has received some criticism for labor , health and environmental risks by the public.
Following the 2009 general election, Mutharika reshuffled his cabinet and Gondwe's portfolio, moving him from Minister of Finance to a Minister of local government. He was replaced by Minister of Finance with Ken Kandodo, nephew of former President Hastings Banda who was later replaced after nation wide strikes against economic mismanagement and the unveiling of his Zero Deficit Budget.[7]
On August 1, 2011 he was appointed as Vice-President of the Democratic Progressive Party (DPP) by the party's National Governing Council. Shortly after this he was appointed as Minister of Natural Resources.