Malawians have expressed anger over the decision by Reserve Bank of Malawi (RBM) to introduce MK2,000 bank note which will be in full circulation on December 19 2016, saying the development will affect the prices of commodities on the market.
Making the announcement, RBM governor Charles Chuka said the new note has been introduced because the current highest note of K1000 has lost value.
He said the number of K1000 notes in circulation has increased from 13 percent in 2012 to 36 percent in 2016.
“This has resulted in the general public carrying large amounts of cash when doing transactions risking their lives and property,” Chuka said.
But the announcement has attracted mixed reactions with others accussing the ruling Democratic Progressive Party (DPP) of losing track.
Ken Mbewe wrote: “Where is my Malawi going? Really K2000 note? Aaaaaaaaa Malawians are still there no change of daily life. Although we know that things cant go back but its too much. Billionaire’s will remain billionaires and poor people will remain lyk that. Mulungu tichitileni chifundo.”
Concurring with Mbewe’s remarks Newton Diet said: “We deserve this because we are just too blind to see, and too deaf to hear, why? A good leader comes from the Lord. Malawians are just too ignorant, still very happy wearing DPP T- shirt with maize on there back as if they gonna it. Education and leadership are too different things, last days, ndikuyandikira ma ola asabata ndikonzekere.”
Innocent Victor Machakwanie added: “Lord let your kingdom come, your will be done here in Malawi as it’s in heaven. Father release your wisdom unto our leaders in our country, May you mercy took places every minute in my beloved country Malawi, in Jesus mighrt name Amen.”
Writing on the same Rumphi East Member of Parliament Kamlepo Kalua said soon government will introduce MK10,000 banknote.
“They will soon introduce a Ten thousand Kwacha BANKNOTE,” said Kalua.
The MK2,000 note will bear the portrait of Reverend John Chilembwe in front while the back will have a motif of the Malawi University of Science and Technology located in Thyolo district depicting the theme of social development (tertiary education)
