Email a copy of 'Malawi introduces 2,000 Kwacha banknote' to a friend
Loading ... Loading ... Loading ... Loading ... Loading ...
Loading ...
Global Education Commission has chosen Malawi as a pioneer country for the Learning Generation Program, President Peter Mutharika said after...
The 2000 looks exactly the same as the 500, And it even has the same guy on it, and the note has the same color. Could they not have made the notes more different?
soon our currency will be like Tanzania shiling, govt exprnditure is still high our country has almost five state houses/lodges despite being one of the smallest countries in africa our nieghbours have only one state lodge yet are 5 times bigger than Mw. We spend alot of millions to maintain these houses every year. Political choices are really hurting us.being a country without abandant natural resources our leaders need to be smart enough to save Malawian from poverty
JUST PRINT MORE OF ONE THOUSAND NOTES
At last the bootlicking of dpp by top public officials has to stop and the truth be told. The worm that turned. Despite his previous flaws, this action by chukar is welcome and has been long overdue. Politicians are only interested in winning seats and enriching themselves. Poverty of the Malawian masses is way back in their heads. Stupid buggers!!!
I don’t agree with the 2000 introduction, they should have gone for a higher denominator, say 5000 or 10,000. Not much difference between 1000 and 2000.
Watch you politicians especially the dpp thugs plundering the country.
The question is not a matter of huge amount of cash being carried around—but finding a right balance of how this valueless Kwacha can be controlled in the market; and perhaps more importantly, the RBM should put mechanisms that would help to deviate from cash burden economy to cashless economy. A perfect example here would SA and, of course, not forgetting the mighty U.S. Thus, if there are any countries to put forward legitimate complains about too much money being moved in the pockets—it should have been the two countries aforementioned above; considering that former has R200 and latter has… Read more »
Go electronic Mr. Chaka. Wasn’t the ATS mooted for that? Off course you benefit from seignorage by currency issuance.
INFLATION IS THE SIGN OF THE TIMES. ONE CURRENCY GLOBAL
from zimbabwe to malawi
A BEhumane nkhani ili apa siya otsutsa boma, its poor fiscal and monetary policies being implemented by the government, kodi inu Pitala adakupangirani chiyani choti that twist your mind to back up every wrong step he does? I can see what level of understanding you are! Because if if you can look at all this, you are one out of 50 who showed that dont know what they are talking, what are the implications of releasing K2000 note at the expence of already dwindling economy? Will the positives outweigh negatives of the new banknote on laymans language? Now i can… Read more »
Gratifying to see, again, a portrait of the Original Freedom Fighter Of Malawi, on our currency.
The man’s portrait should have been on a bill even during the time of Robert Armstrong (aka Kamuzu Banda). But for the latter who just hogged the limelight, and put the names like Chilembwe in cold storage.
Here’s hoping we will never have another denomination with Kamuzu’s portrait in future. An affront to democrats in this country; and a reminder of the serious human rights abuses by him, his coterie and Party, MCP.