The Reserve Bank of Malawi (RBM) has re-appointed Ralph Tseka as the central bank’s spokesperson. Tseka, a seasoned macroeconomist, replaces Onelie Nkuna who worked in the same position for a year since the Tonse Alliance took over government.

Tseka was the central bank’s mouthpiece between 2010 and 2014. Until his re-appointment, as Director RBM Governor’s Office, Tseka was RBM’s director of Financial Markets.

According to sources at RBM, Nkuna will now hold the position of director of economic policy and research, replacing Kisu Simwaka who takes over Tseka’s post as a director of Financial Markets.

Recently, RBM has been in the media for wrong reasons, as some bank officials allegedly bent their own rules to facilitate payments including some of which a forensic audit found fictitious. The audit showed that some government ministries, departments and agencies (MDAs), and local commercial banks were also involved.

Source:NPL