Monday, April 22, 2024

Tag Archives: Edward Chaka

FeatureNational

Chakwera administration secures landmark deal for reducing forex stress: Malawi to Import from Israel in Kwacha

In talks led by Secretary to the Treasury Professor Betchani Tchereni, the Malawian delegation in Israel explored agreements for the provision of essential goods to Malawi, with the standout feature being Israel's openness to accept Kwachas as payment. Tchereni indicated that upon finalization, these agreements could potentially yield savings of nearly $1 billion (approximately K1.740 trillion) for Malawi, consequently exerting...