Malawi to have a K1000 banknote
Malawi will from Wednesday next week 23 May have a new family of banknotes and coins which will comprise of six banknote denominations of K1000, K500, K200, K100, K50 and K20 and three coins of K10, K5 and K1, the Reserve Bank of Malawi (RBM) announced yesterday on 17 May. According to the press release […]
Get Up Stand Up meets on devaluation
Get Up Stand Up Project on Wednesday held a meeting with chiefs of 17 groups on the project future after 49% devaluation of Malawi Kwacha. Speaking during the meeting, the project Coordinator Henry Goster, told farmers to expect an upward price adjustment of farm inputs this year. In his address, Goster pleaded with farmers to […]