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Chuka blames less incomes, power shortages, high internet costs for Malawi’s slow pace to cashless economy

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Revered economist and former Governor of the Reserve Bank of Malawi (RBM), Charles Chuka, says inconsistent power in Malawi, high internet and mobile phone costs and lack of regular incomes and bank accounts among many people, are some of the factors impinging on the country’s possible move to a cashless economy. Chuka, a seemingly staunch […]

The post Chuka blames less incomes, power shortages, high internet costs for Malawi’s slow pace to cashless economy appeared first on Malawi Nyasa Times.


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