Alexander Hotels is in deep financial crisis and is failing to pay full salaries to its employees since December last year.
In December, employees received part of their salaries with some getting as low as K5000 which dampened their Christmas celebrations.
Some employees have lost their jobs for pressing on management for their salaries. Many others are afraid of resigning lest they disturb their pension.
“I can confirm to you that the company is really struggling. I received K4 000 in December instead of full salary. Many others received part of their salaries. That trend has gone on till this time. Life is unbearable,” one employee said.
Another employee also said he received K5000 in December and the same in January and February.
“Some of our colleagues went to Malawi Congress of Trade Union and complained but ended up getting disciplined. Some lost their jobs for demanding their pay,” the employee said.
“Management had planned to retrench employees in February but failed because they have no money to give the retrenched staff. People would want to resign but are afraid of losing their benefits. Things are not ok. Some of us are failing to pay fees for our children because we are not getting enough money from the company…nanga ndalama zotapisa tipanga nazo chani? [What do we do with the little instalments we receive?]” said the employee.
Alexander Hotels includes Shire Highlands Hotel, Kambwiri Holiday Resort and Boadzulu resort.
Management ducked the questions when asked for comment.
Shortage of forex in Malawi has led to many companies closing and others retrenching staff because they cannot afford to buy raw materials.
President Bingu wa Mutharika’s government is accused for causing the problems because of arrogance, refusing to cooperate with donors who pump in money through various programmes.
Bakhresa Milling Company recently fired 44 employees, Blantyre Print and Publishing fired 44 employees, media reports also show that Health Net Limited suspended 70 employees.Follow and Subscribe Nyasa TV :