APM welcomes K2000 bank note: ‘It will ease pressure of carrying a lot of money’

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President Peter Mutharika has welcomed the newly introduced K2000 bank note saying it will ease the pressure of carrying a lot of money during transanctions.

Mutharika made the remarks after Reserve Bank of Malawi governor Charles Chuka presented the bank note to him. It is a requirement that every new banknote has to be presented to the Head of State before it goes into circulation.

APM

Mutharika with RBM governor Charles Chuka.

“This note we hope will be used mostly as a store of value and that the other notes will continue to be used as transactional money. “I am sure the new notes will ease the pressure of carrying a lot of money when doing transactions,” Mutharika said.

The Malawi leader then appealed to people to take care of the bank note.

“My appeal to my friends is that they should please take care of these notes by not folding them anyhow, tearing, throwing down and stepping on them during festivities and ceremonies as it is very expensive to print new currencies,” Mutharika said.

The K2000 bank note will enter into circulation on Monday, 19 December. Some quarters have however argued that the introduction of the K2000 bank note is indication that the Malawian currency is not stable and the economy is not recovering.

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284 Comments

  1. U don’t think for pour people u just think about ur families n ur pocket cz that note it’s for pour person to loose it, 4 example they want usipa for mk200 carry mk2000 if the lost it . Plz try to use common sense. ..

  2. Koma nthawi yatha chifukwa pafupifupi dziko lapansi 75% anthu ake akulira zimene zikusonyeza kuti 25% anthu ake ndiosangalala amene mbiri zamoyo wawo ndi chuma chawo thy stay without limit- kwawo ndikudzikonda,kudzikuza, osalabadira za anzawo,okonda chuma osati anzawo ndiso opanda chikondi chachibadwidwe .Ndizosadabwitsa azitsogoleri ake am’matsiku otsiriza ndi otere chifukwa akukwaniritsa ulosi mpaka dziko lapansi litha anthu ake okhala m’menemo akulirabe.

  3. Zikutanthauza kuti ndalamayi mwapangira anthu omwe ali ndichuma kale posavutika kanyamulidwe ka chuma chawocho.ine kwanga nkulira basi poti kulira kwa mphawi boma limapeza zithandizo kuchokera maiko ena.

  4. But us by de tym of compn we suport dpp tooo much bcz of rembering wat bingu did when he get dis Country from mluzi….. But now Aaaaa dpp our Peter worse

  5. ,devaluation of our notes but we are having apresdent…
    Wat is good.. We wll be poor for ever bcz our mind is agan poor accrding to hw we can develop our country

  6. A Peter muthalika angopanga zimene zili zabwino kwa iwowo..not kwa dziko la Malawi …but there is nothing we can do about it…mulungu yekha ndamene angatimenyere nkhondo…coz even anthu ayankhule palibe chimachitika so lets jst pray to God.

  7. Zoona A whole President, kukalandila ndalama before it goes into circulation. Really? Its like he doesn’t have dziko loti lili ndi mabvuto ambirimbiri needing attention . Ali ndi nthawi #Pathetic

  8. Pa menepa ziku onekeratu kuti mkukanika kuyendetsa bwino chuma chaziko zikuti opsa chifukwa mungosatira zofuna zanu zokomera opata amphawife mumayesesa kupeza njira zoti pwetekera

  9. Kumeneko ndi kumpha anthu osauka amene mwezi umatha ngankhare k20 aribe inu nku mada nkhawa zoti ndarama zanu za churuka munyamura bwanji k2000 ikuti pasa manyazi kuno ku south africa

  10. Then tell ur president to reduce prices of everything. Tell him to improve the services in hospitals, schools, and to develop Malawi. He always think everything is for jokes.

  11. Oooh, Wel Done Mr President Wel Done. Indeed, We Struggle With Huge Bank Notes When Going Out For Shopping,. Please Please Please Mr., May Ur Gornment Introduce Atlease K50,000 zikhala bho

  12. Amalawi musanyadile zomwe wapanga piter ndi zoduka mutu ndalama yaikulu ndi 200 land osati 2000 kwacha. Angosowa ameneyu akakomane ndi mchimwene wake

  13. At this point Peter has proved himself that he know nothing about the leadership.Wat so stupid for somebdy called president to say that?anyway, Wat happened is not haopen for nothing bt as for nw you are big fool we have ever had

  14. Ine ndimaganiza afuna kuphama zilo ngat anapangila azathu kuzambiya koma amalawi tiyen tinganizepo 2019 azanyamule 2000 nd 1000 yabalewake wakundata amuluzi 10yrs kamuzu 31yrs jb 2yrs kunalibe zimenezi osewa amalimbana ndi zitukuko ,sono president aliyese abwele poyela aloze zimene wapanga ndikunena zakazake walamula pakana mayi anjatu akuposa mr pres sumungapange manyazi olo mbali yamaphuzilo pochosa jc mwalondola? nanga pot olo ya 4 zikukanika kutilemba olo uphuzisi omwewu nanga ngati mwatelo pot fiziso munakweza kondi anatabelekawa sukulufizi izipezeka?olo tituluke tikapeze mabiziness simisikho yake muku tipasa kod zosezo ndikuza ziko kapena kuwononga mr pres?kapena tinapalamula pokusankhan? Kapena munatumidwa kut mzawonongeziko et? Chonde sithani zisafike pa sadam usen

  15. koma kuno ndlama zili ndi anthu awiri atatu omwenso ndi andale the rest are strugling and omwe amachita makani kuti dziko likuyenda bwino ndi omwe akudya nawo tidziduswa ta andale olemerawo

  16. Escom kuthimitsa magetsi awowa ndi dala osati za water level zija ayi nthawi zonse sikumakhala dzuwa? koma zawakwana zomwe boma ili likupanga azaulura patsogolo bomali likazachoka pajatu ma company amaulura boma likachoka kuti they were consuming more money from our company thats wy our services were poor

  17. are u not aware of devaluation of kwacha, will be better to u since u have lots of dollars and pounds but to us the poor mmmmmm no work done u are just accept everthing that comes in this country Bingu amakana zoputsa zambiri ankazichita control the devaluation of kwacha and others

  18. APM what ever u call it l say FUCK we are tired of u GYZ ndintundu wumenewu wa MUTHALIKA and you DR MULUZI we still loves u but u made big mistake pakutibweretsera ntundu wumenewu Wa Muthalika they just came from nowhere kudzatiwonongera MALAWI wathu wabwino bwino uja FUCK

  19. Zaziiii. Maybe this comment won’t be important for the majority of people here. Some of you will ignore it, most of you won’t bother to read and it will go unnoticed along with other comments, maybe I will be criticized for this, but I just want to let you know that iam selling potatoes.

  20. Mbola inuyo man, is that e’ president’s speech or of a standard 6 student’s speech? Ndzomazipopela zimenez munthu akulephela. Mvula ndiyi yagwa madz abwela magets stil off ful-tym, madz ndye osanena! Aaaaa u must b very stupid Mr……..

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  22. Hahaha This Is Just Crazy Tell Malawians The Truth Our Money Is Losing Value,,,u R Losing It Mr President Just Admite Rather Than Giving Those Silly Remarks,easy To Carry My Foot,,,

  23. I always wished kamuzu would have have come back to life to see how things have changed drastically. I thought that your were totally long according to your reign but now we see realise that the well seems so deep when it is dry.

  24. Zantchito yanji zimenezo? Tangopangani zomwe mukufuna kulipanga ziko lathu lino mtima wanu nde ukhale mmalo basi. Kale lonseli bwanji anthu samadandaula zoti akumanymaula ndalama zambiri nde mukonze ina kti zikhale easy? Na ine ndekha ndisakunamizeni #NDIMADANA_NDI_ZA_USILU_MWAMVA

  25. apresident pamene dziko likupita chitsogolo chonde tiganizireni magesi kuno kwa khwethemule ku thyolo thava tikungofuna ka trasfomer ka kanyali ndi zoimba zokha chonde mavoti anu ndife dpp woye

  26. Ife ndife ongolandira zomwe mwaphika tikanakana kulalata kena zi tikugwiritsa ntchito mbolanso amene amalalata kwambiri ndiamene amathamangiranso kuyigwira mmanja ndikutiuzanso ndayigwiratu ine 2g yogwilana

  27. At the same time it will ease pressure when those government motherfuckers steal our tax money . They will be able to snatch away a lot of money. What a stupid development.