Kaunjika, used cars draining forex in Malawi — RBM

Reserve Bank of Malawi (RBM) Governor Wilson Banda has told a Parliamentary Committee that imports such as second hand clothes (Kaunjika) and used cars are draining forex in Malawi. Banda together with officials from National Oil Company of Malawi (NOCMA) appeared before the Joint Parliamentary Committee which is inquiring into the fuel shortage situation in […]

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