Wednesday, December 11, 2024

Tag Archives: Reserve Bank of Malawi

National

DPP’s bloated cost for K5000 bank note introduction reduced by 52%

BLANTYRE-Tonse Alliance government, under the leadership of President Lazarus Chakwera, has cut costs for printing new K5000 bank note by over 50 percent, Shire Times has established. In 2017, barely a year after introducing a K2,000 bank note, the Democratic Progressive Party (DPP) announced plans to produce K5000 bank note which would cost K5.8 billion according to the then finance...