State House has clarified on the article published by The Daily Times of 3rd April, 2018 headlined “Kachama sacked as IG”. The State House says article publication was wrong and should be ignored alongside its malicious intent.
President Professor Arthur Peter Mutharika has made the following appointments:
The Reserve Bank of Malawi RBM has maintained the Policy Rate unchanged at 16 percent. Policy rate is an interest commercial banks pay when they borrow from the Reserve Bank.
The Office of the President and Cabinet-OPC has issued new government expenditure control measures aimed at ensuring prudent use of resources in all its departments.