Month: November 2021 Posts

Magistrate Court replaces MUST on 2000 Malawi Kwacha banknote

Nov 24, 2021 Malawi24 Reporter 1 &

Reserve Bank of Malawi (RBM) has replaced the image of the Malawi University of Science and Technology (MUST) at the back of the K2000 banknote with an image of Blantyre Magistrate Court to represent the… ...

Reserve Bank of Malawi introduces K5000 banknote

Nov 23, 2021 Mike Kalumbi 3 &

The Reserve Bank of Malawi has introduced a 5000 Malawi Kwacha Banknote.  The bank has also introduced an upgraded 2000 Kwacha Banknote. This was disclosed at a media briefing which took place in Lilongwe this… ...

Muneneze mabanki omwe akukudulani ndalama – Mlusu

Nov 03, 2021 Archangel Nzangaya 0 &

Boma kudzera kwa nduna ya zachuma a Felix Mlusu lati anthu omwe akudulidwa ndalama zawo ku mabanki mu dzina la VAT, akanene ku banki ya Reserve kuti ndalama zawo zonse zibwezedwe. A Mlusu amayankhula izi… ...

Reserve Bank heading to Supreme Court in ICT tender case

Nov 01, 2021 Andrew Cane Chilapondwa 0 &

Reserve Bank of Malawi (RBM) has applied for stay of application of judgment made by Judge Kenyatta Nyirenda who ordered the bank to restart procurement process for the 1.8 Billion Kwacha ICT contracts for procurement… ...

RBM urges Banks to deliver inclusive financial services

Sep 17, 2021 Guest Writer 0 &

By Kenneth C. Mkandawire Reserve Bank of Malawi (RBM) has encouraged commercial banks to provide services that promote financial inclusion. Deputy Governor (DG) of RBM, Dr. Grant Kabango, made the remarks at Bingu International Convention… ...

Mulli seeks K2.1 billion in damages from audit firm over RBM report

Sep 04, 2021 Malawi24 Reporter 0 &

Mulli Brothers Limited (MBL) is seeking K2.1 billion compensation from Deloitte & Touche Services Limited, saying the audit firm defamed the company in a forensic audit report for the Reserve Bank of Malawi (RBM). In… ...

Former RBM Governor Chuka dies  

Aug 26, 2021 Malawi24 Reporter 0 &

Former Governor of the Reserve Bank of Malawi (RBM), Charles Chuka, has died. RBM spokesperson Ralph Tseka has confirmed the sad news. He added that RBM mourns with the Chuka family and remembers Chuka as… ...