Bingu wa Mutharika

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Malawi Slashes Currency By a Third

New President Joyce Banda moves to fall in line with IMF

(Newser) - The official rate of Malawi's currency has been cut by a third as the impoverished southern African nation seeks to repair ties with the International Monetary Fund, the country's central banker said today. The move is just one in a series of steps President Joyce Banda's government... More »

Southern Africa Gets First Female Leader

Joyce Banda is Malawi's new president

(Newser) - A milestone for southern Africa today, by way of Malawi: Joyce Banda was sworn in as president to become the first female leader in the region, reports the BBC . Banda takes over from Bingu wa Mutharika, who died of a heart attack on Thursday but whose death was confirmed by... More »

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