Malawi’s parliament has passed a new law paving the way for cheques to be phased out of the country’s banking system, in the latest of a string of financial reforms rushed through in recent weeks. The Payment Systems Amendment Bill was passed to bring the law into line with plans to scrap cheque usage entirely, […]

The post Cheques to be phased out in Malawi as parliament passes new bill in sweeping financial sector overhaul appeared first on Malawi News | Breaking News, Politics, Business & Sports | Nyasa Times.