According to an article on Malawi Today dated 27 May 2012, the new 20-kwacha (US$0.08) note issued on 23 May contains an error. On the back of the note is a building identified as the Domasi Teachers Training College (now known as the Domasi College of Education). However it’s reported that the building is in fact the Machinga Teachers Training College. Reserve Bank of Malawi spokesperson Ralph Tseka played down the issue, saying the error would not affect the legal tender as the rest of the security features are intact. “We are going to verify and if we find the error we will make a correction in the next issue,” said Tseka.Courtesy of Richard Miranda.
2012-05-29