Latest Breaking News On - மலாவி இலை - Page 1 : comparemela.com
Police concludes Malawi Leaf K42 billion 'miracle theft' investigations
nyasatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nyasatimes.com Daily Mail and Mail on Sunday newspapers.
Malawi's AHL MK20bn gross theft: CEO Matabwa, three others arrested
maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.
July 10, 2021 Peter Makossah - Nyasa Times 1 Comment
An on-going assessment of operations for the financially –struggling AHL Group has revealed how, one of its once competitive subsidiary, Malawi Leaf Company Limited (MLCL) lost millions of dollars due to unreliable international deals that ended up in exorbitant lawsuits.
MLCL is now in deep financial stress after posting a loss of about K44 billion and the board is contemplating to either close down the company or have it revived but with a better business model.
A mother carrying her baby on her back while working in tobacco fields in Kasungu. Picture by ILO
Embattled AHL's headache: So, what next for Malawi Leaf after MK44bn loss?
maravipost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from maravipost.com Daily Mail and Mail on Sunday newspapers.
February 9, 2021 Owen Khamula - Nyasa Times 3 Comments
State produce trader Agricultural Development and Marketing Corporation ( Admarc) has rebuffed agriculture commodity trader, AHL to retrench 40 percent of its staff as one way of restructuring.
Kusamba-Dzonzi: Has asked AHL to fix the financial mess at Malawi Leaf first where money amounting to K42 billion is said to have gone missing
Lately, AHL has been sailing through turbelent financial waters.
This led to the company failing to pay salaries of its workers for four months triggering waves of protests.
However, AHL proceeded to obtain a K6 billion bail out from Admarc to be used in servicing all outstanding debts as well as to embark on restructuring process.