Job cuts at Castel Malawi: Brewer retrenches 300 workers

Castel Malawi says it set to retrench 300 workers because of harsh economic climate in the country.

Mbilizi: Losses

Senior brands manager for Castel Malawi Titha Mbilizi said the company has been posting losses in the past 10 years.

“We can no longer avoid the retrenchments because of the volatile economic climate. We continue posting the losses,” said Mbilizi.

Castel Malawi are brewers of the most favourite beer in Malawi, Carlsberg as well as non-alcoholic drinks such as sobo.

Mbilizi said priority for retrenchment would go to those with a record of poor performance, those with disciplinary records, those who were about to retire and those whose positions were no longer relevant to the company.

Mbilizi said those retrenched will get a full retrenchment package which include severance allowance.  

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Iantana
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Iantana

As a Nation we lost control of this Company when it was sold to the French Entrprise.. we are doomed!

phillips wanga
Guest
phillips wanga

If you hardly cut short your finger nails,how can you maximize company’s profits?

johnbwanyama
Guest
johnbwanyama

Timaziwa kale kuti after kampeni zichitika zimenezo ataseka Mzuzu production branch

Le Senor de Los Cielos
Guest
Le Senor de Los Cielos

This is just the beginning. Should we perhaps start pointing fingers? Maybe. Maybe not. It could be two early or too late. But we all know that: Political climate = Economic climate. The two have a symbiotic relationship (though the latter solely depends on the former). Could Castell have been waiting in the wings and watching? That much we will not know – “harsh economic climate” does not leave much room for explanation. Though it does raise a question: why now if losses having piling for the past 10 years (all inclusive)? Sad news for our country already over-burdened by… Read more »

Captain Morgan
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Captain Morgan

Very bad. 300 people at once? Akanawina SKC akanawalemba ntchito paja anali molemba 1Million.

Nalingula
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Nalingula

Am a Law abiding Citizen,I pay my Taxes.l use MRA devices like Point of Sale in my businesses …Why is then MRA forcing me to Use their Thermal Rolls which are 5 times more expensive than ordinary ones I can get in Any stationery Shop? Pakatipa munati zii chifukwa cha Campaign koma mwayambiranso …Ma Receipt azichita kukhala more Expensive than Katundu yemwe ndikugukisa.After that Muzitiberanso misonkhoyo…Ndie ndikatseka business you are going to Employ all my workers….

Make Malawi Great
Guest
Make Malawi Great

so they can fund the Devils’ Progressive Party that simple. u better find ways of smartly evading tax its every man for himself now till 2024.

Mlakaviwa
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Mlakaviwa

More companies will follow suit and Malawi is still believing in 80 year old man

kadali
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kadali

Mwangobapo apa. Every company, organisation etc is involved in kuba and katangale.For example, you ask someone , a builder to construct a house for you, he steals half the materials and builds his own house! All the while they are claiming to be God fearing people. In Malawi, christianity is just a mask to cover up their sins.Oh yes,You know who you are. Everyone involved in corruption will one day get their just deserts.

Wiseman
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Wiseman

Koma tipex mulupaka milomoyu sakuoneka bwino.