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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...

February 5, 2021 Wanga Gwede and Owen Khamula - Nyasa Times 24 Comments Financially struggling AHL Group, formerly Auction Holdings Limited,  has announced that it is retrenching some of its employees. AHL workers face job loses The company has failed to pay its employees for over four months due to financial hardships facing the group. AHL Group, which owns and manages the country’s tobacco marketing floors and a commodity exchange among others, is owned 42 percent by the Malawi Government through Agricultural Development and Marketing Corporation (Admarc). Admarc recently gave a A...