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.

New Office building under construction at Capital Hill in Lilongwe-Pic. by Abel Ikilon

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.

Follow and Subscribe Nyasa TV :

Sharing is caring!

Follow us in Twitter
7 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Murupale pa Thyolo
Murupale pa Thyolo
7 years ago

Show them the exit, fast, fast please. Ife ma Lard lord atitulutsa kale chifukwa cha kuchedwa kwa malipilo from government. Weekend anali busy transporting DPP cadets from Karonga, Dedza, Ntcheu etc kupita nawo ku Malawi-China National Stadium mmalo molipira Lend yo. Afinyeni. Makamaka Chaponda yo

ungwelu
ungwelu
7 years ago

Can someone tell me WHY the the Government Office complex pictured in the story is NOT FINISHING????????

tim
tim
7 years ago

Ma staff ku Lands ndi houding ya khalira kwambiri, afunika achita transfers, aku adya ma allowances okha

kaziulika Chimugonda
kaziulika Chimugonda
7 years ago

The Govt.has money but fails to prioritize. It is management by crisis. We are waiting for fate to determine our future.

patrick
patrick
7 years ago

The staff at Lands need to be changed this story of non payment of rentals is going on for to long, there is need for fresh faces there, most people have overstayed, funds are diverted for personal allowances

Yahya Jammeh
7 years ago

Mukulimbana ndi ma stadium m’malo mopempha chithanizo kuti akumangireni maofesi kuti muchoke mungogole. Ppside down priorities.

Chimanga
Chimanga
7 years ago

Take the out! Government has money but it has wrong priorities…… Achakulungwa kuyendetsa boma simasewela

Read previous post:
Lilongwe new mayor Bikoko says will not kick out vendors off streets

Lilongwe new mayor Desmond Bikoko has ruled out kicking out vendors off the streets of the capital city, a thorny...

Close