Malawi: Govt Halts Operations At Salima Sugar Company - Uncertainty, Shock, and Economic Ripples

Malawi: Govt Halts Operations At Salima Sugar Company - Uncertainty, Shock, and Economic Ripples

In a stunning and unexpected move, the Malawian government has halted operations at the Salima Sugar Company with immediate effect -- a decision that has sent shockwaves through the country's agricultural and industrial sectors.

Salima Sugar closure leaves staff confused

By Mercy Matonga: Police in Lilongwe Monday shut down the head office of Salima Sugar Company, sparking confusion among employees and stakeholders. The State-owned company, one of Malawi’s two suga…

Government Halts Operations at Salima Sugar Company

Salima Sugar Company Executive Director, Wester Kosamu, has confirmed that the government has ordered an immediate halt to the company’s operations. In an interview, Kosamu said it remains unclear who exactly issued the directive but noted that the company was already engaged in maintenance works at its Salima factory in preparation for resuming production. “We have done a lot to resume production, and what this means is that there will be no su…

Government Halts Operations at Salima Sugar Company: Uncertainty, Shock, and Economic Ripples - Malawi Nyasa Times - News from Malawi about Malawi

In a stunning and unexpected move, the Malawian government has halted operations at the Salima Sugar Company with immediate effect — a decision that has sent shockwaves through the country’s agricultural and industrial sectors. Confirming the development in an exclusive interview, the company’s executive director, Wester Kosamu, said operations had been brought to a standstill, […] The post Government Halts Operations at Salima Sugar Company: Un…

Government Shuts Down Salima Sugar Company Over Financial and Management Concerns - Malawi Freedom Network

By Suleman Chitera The Government of Malawi has ordered the immediate suspension of operations at Salima Sugar Company, effective today. A reliable source within the company confirmed the development the management has already begun implementing the shutdown directive. While official reasons for the closure remain unclear, insiders say the company has been under intense government scrutiny over financial irregularities and management challenges …