Ken Diston Lipenga (born 14 February 1952) is a Malawian politician, journalist, and writer.

Lipenga entered the University of Malawi, enrolling at Soche Hill College in 1972 and graduating with a B.Ed.

[1] After working as a management trainee at the Blantyre Printing and Publishing Company, Lipenga joined the faculty of the University of Malawi at Chancellor College as an Assistant Lecturer in English.

[1] After meeting Aleke Banda, who had just been released from political detention, he joined a group that sympathized with the United Democratic Front (UDF).

[1] When Banda and family decided to establish The Nation newspaper in 1993, Lipenga became the founding Editor-In-Chief.

His time as Minister of Finance was controversial due to the economic policies of the Bingu wa Mutharika Administration, which led to protests on 20 July 2011.

He served as well under the presidency of Joyce Banda until 10 October 2013, when he was dropped in a cabinet reshuffle and replaced with Maxwell Mkwezalamba following the Capital Hill Cashgate Scandal.