The frenzied quest for wealth over and above all other considerations has rendered leadership most ineffective. •  Abuse and manipulation of ethnic relationship by leaders in authority by way of nepotism, tribalism, favouritism and religious bigotry. •  Lack of leadership education and skills to discharge expected roles and perform leadership duties effectively.
It is in this context, that all countries in the region are at various stages of BASLE standards for bank supervision. You will be interested to know that Malawi has this January implemented Basle II and we hope to catch up with those already on Basle III.