Africa-Press – Malawi. The country’s central bank, Reserve Bank of Malawi (RBM) board is reportedly holding holiday training in South Africa amid forex shortage. The purpose of the said holiday training is not yet known.
Sources within RBM told The Maravi Post that the board opt for South Africa instead holding the training within Malawi. This is also President Lazarus Chakwera’s austerity measures of holding government agencies conferences, meeting out cities of operations.
“While Malawian’s are spending nights on filling stations due to shortage of forex, the Reserve Bank Governor has the audacity of taking the whole Reserve Bank board to south Africa for what he is calling training which in essence is a holiday
“Is the suffering only for Malawian’s and not the Authority. These board members are just greedy for money nothing else. We are a joke as a country,” said the source.
RBM Director of Communication Ralph Tseka was not available for comment on purportedly board members training. This comes also as Chakwera is being accused of insensitive and appetite for local and international petty trips that are using huge forex. Chakwera is currently unable to fix Malawi’s ailing economy characterised by fuel, forex, drugs shortages, high cost of living and among others.
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