2 June 2019

Malawi: 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.

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.

Malawi

Merck Foundation Partners First Lady in Fight Against Infertility Stigma

Merck Foundation in partnership with the country's First Lady Gertrude Mutharika and Ministries of Health, Information,… Read more »

See What Everyone is Watching

More From: Nyasa Times

Don't Miss

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.