MPICO threatens to kick out  Malawi govt ministries over K6bn unpaid rentals

Officials from Mpico, property managers, have threatened to kick out government ministries and departments in its properties for unpaid rentals of up to K6 billion.

General manager of Mpico, Daniel Kafoteka said the government has accrued rental arrears of K4.5 billion.

“They have just added another rental bill of K1.5 billion which adds up to K6 billion. Therefore if they don’t pay, we will have no option but close down the offices and let others in,” he said.

He said the money is huge and is having negative effects on the company’s cash flow.

Officials from ministry of Lands could not provide a comment.

The government is going through difficult economic upheavals forcing the government to cut budgets for some ministries and departments.