Wednesday, April 25, 2012

MALAWI CENTRAL BANK HAS A NEW BOSS


By: Qeko

Malawi has a new Central Bank Chief and his name is Mr Charles Tchuka. Mr. Charles Tchuka has been hired by the Her Excellency the President, Mrs Joyce Banda after firing Dr. Perks Ligoya. Dr Ligoya was appointed by the late President Muthalika and has  been the Central Bank Chief for only two years. However Mr Tchuka will not be a new face in the corridors of Central Bank because he once worked in the same bank as the General Manager for economic services. Mr Tchuka who has a Master of Philosophy in Monetary Economics from the University of Glasgow joined the Central Bank in 1979 after graduating from the University of Malawi.

In a related development, Her Excellency has appointed Mr. Sande and Mr John Tembo Jr to represent Malawi in the United Kingdom as High Commissioner and Deputy Commissioner. Mr Sande was once the Malawi’s Ambassador to the United State and also worked as the Principal Secretary in the various government ministries while John Tembo Jr is the son of the Malawi’s leader of opposition and also worked in similar capacity in the Malawi embassies in Brussels and the London. Also in exercising her power invested on her, Her Excellency the President Mrs Joyce Banda has appointed Hawa Ndilowe as the Deputy Chief Secretary  replacing Necton Mhura

Also reports from the corridors of power at Capitol Hill indicates that Malawi's diplomatic envoy to the UN, India and South Africa, Mr. Brian Bowler, Prof Mughogho and Mrs Agrinna Mussa have been rrecalled and given three months to wind up their terms of duties. Currently Malawians are curiously waiting for the reshuffle of cabinet.

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