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Fri, 26 Apr 2024 10:00:00 UTC @ Botanic Garden - 2024 Zomba City Festival is schedulled to take place on 26 to 28 April at Botanic Garden in Zomba This is a festival for all ages in the historic mountain city of Zomba. Celebrate Cultu... More Info
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Dr Thomas Munthali warns RBM not to further introduce k5000 note

After Reserve Bank of Malawi has printed new k2000 note , the Malawian expert based in Zimbabwe , African Capacity Building Foundation Director of monitoring and Evaluation, Dr Thomas Chatangalala Munthali  has warned them not to have further idea of introducing K5000.

According to Munthali, new introduced k2000 note is indication that Malawi is passing through the economy hardship.

Munthali added that Reserve Bank of Malawi (RBM) should not let things to go worse to the extent of introducing k5000 note which will make Malawi kwacha to be more like old coin.

Munthali has also asked government of Malawi to reduce the expenses which can help to curb the current economic crisis.

The Country of Malawi is locked terrible hot oven in that requires great thinkers not lame minded leaders to stabilize its economy.

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