By Bazilio Chingoli
Ntcheu, November 28, Mana: Ministry of Finance and Economic Affairs in collaboration with The Reserve Bank of Malawi, has encouraged people to adopt modern means of cash transfer.
The remarks were made by Digital Financial Services specialist from the Ministry of Finance, Steve Mg'wadila during Digital Financial Services campaign meetings at Sera Trading Center in the area of Traditional Authority Mpando in Ntcheu district.
According to Mg'wadila, it is very important to encourage people in the country to use digital financial tools that are available to them.
He said as people are using hard cash, they should also embrace the use of modern ways of sending money, buying goods and services as part of the country's Vision 2063 agenda.
"We are encouraging people to use soft cash in their transactions and mainly we are concentrating on women, youths, small and medium enterprises, and the vulnerable," he said.
On his part, Janton Katoleza, a business person at Sera Trading Center in the area applauded the Government for the initiative saying it has boosted their trust in their everyday business.
"The campaign is timely as it will clear up some of the misunderstandings towards the use of digital financing tools," he said.
"I have heard on the radios, that using digital money is safer but I was worried about scammers who use the same channels to steal people's money, but now my fear is buried off," he added.
A 20-day campaign which started on 25th November in Ntcheu district is expected to reach out to all the district mainly trading centerssensitization meetings
