Kaunjika, used cars draining forex in Malawi — RBM – Malawi 24

HomeForex News

Kaunjika, used cars draining forex in Malawi — RBM – Malawi 24

Advertisement

Malawi24

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 the country.

–>

malawi24.com