{"id":9543,"date":"2012-04-25T03:45:43","date_gmt":"2012-04-25T03:45:43","guid":{"rendered":"http:\/\/www.faceofmalawi.com\/?p=9543"},"modified":"2012-04-25T03:45:43","modified_gmt":"2012-04-25T03:45:43","slug":"president-banda-sacks-reserve-bank-governor","status":"publish","type":"post","link":"https:\/\/new.faceofmalawi.com\/index.php\/2012\/04\/25\/president-banda-sacks-reserve-bank-governor\/","title":{"rendered":"President Banda sacks Reserve Bank governor"},"content":{"rendered":"

Malawi’s new president has fired her central bank governor and named a telecoms CEO as his replacement, two people familiar with the matter said on Tuesday.<\/p>\n

It was the latest move by President Joyce Banda to clean house and woo donors back to the poverty-stricken country.<\/p>\n

\"\"<\/a>

Fired!<\/p><\/div>\n

Banda has tapped Charles Chuka, head of the southern African nation’s largest fixed-line operator MTL to head the Reserve Bank of Malawi, said the sources, who declined to be identified because the information has yet to be announced.<\/p>\n

Privately owned radio Zodiak Broadcasting Station reported earlier on Tuesday that Banda had picked Chuka to replace Perks Ligoya.<\/p>\n

No one was immediately available for comment at the central bank.<\/p>\n

Prior to joining MTL, Chuka had worked at the central bank as general manager for economic services.<\/p>\n

Banda, a former vice president of Malawi and long-time women’s rights activist, was sworn in as president on April 7 after the unexpected death of Bingu wa Mutharika from a heart attach.<\/p>\n

One of Banda’s first moves as president was to fire the country’s police chief for the killing of 20 people in anti-government protests in July 2011, which drew international condemnation and led to aid cuts.<\/p>\n

Banda has since promised more changes, leading to speculation she would fire other Mutharika loyalists.<\/p>\n

Malawi relies heavily on foreign aid which accounts for 40 percent of the budget. Last year several Western donors withheld support over concerns about Mutharika’s increasingly tight grip on power.<\/p>\n","protected":false},"excerpt":{"rendered":"

Malawi’s new president has fired her central bank governor and named a telecoms CEO as his replacement, two people familiar […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1971],"tags":[478,466,2219,1761,1762],"class_list":["post-9543","post","type-post","status-publish","format-standard","hentry","category-malawi-government-2","tag-ceo","tag-joyce-banda","tag-mtl","tag-perks-ligoya","tag-reserve-bank-of-malawi"],"_links":{"self":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/9543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/comments?post=9543"}],"version-history":[{"count":0,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/posts\/9543\/revisions"}],"wp:attachment":[{"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/media?parent=9543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/categories?post=9543"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/new.faceofmalawi.com\/index.php\/wp-json\/wp\/v2\/tags?post=9543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}