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Malawi Post Corporation invites staff for voluntary retrenchment; As it downsizes its staff for government to recapitalize

Malawi Post Corporation invites staff for voluntary retrenchment; As it downsizes its staff for government to recapitalize
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.

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Malawi Post Corporation needs to downsize its staff if government is to recapitalize for its reform strategy

Malawi Postal Corporation (MPC) has disclosed that it is deep in debt of over MK9.3 billion that is compromising its operations and for it to remain afloat, it needs to be recapitalized by government as the initial stage of turning around. One of the measures is for the statutory corporation to downsize its staff compliment […] ....

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MPC on death bed, calls for retrenchment

The Malawi Postal Corporation (MPC) says a possible downsize of its workforce from 800 to 300 as proposed following a recent functional review can help revive its operations, pointing out that the Corporation is currently on its “death bed.”
MPC’s Board Chairperson Noel Mkulichi and Acting Postmaster General Zacchaeus Meke jointly disclosed this on Tuesday in Lilongwe during an interface with two Parliamentary Committees; one on Industry, Trade and Tourism and another on Media, Information and Communications.
According to Meke, the establishment is deep in debt and that its operations are currently compromised.
“Our debt currently stands at about K9.3 billion, said Meke. ....

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Malawi Post Corporation plans to revisit postal banking service for rural communities

Malawi Postal Corporation (MPC), then trading as Malawi Post Office, used to operate banking services in all its post offices across the country.
Partnership with NBS Bank: Nkhoma (left) and MPC Postmaster General Zachaeus Meke
But Malawi Post Office was later transformed to MPC paving way to the creation of Malawi Savings Bank as its subsidiary which was then sold a few years ago to FDH Financial Holdings Limited under FDH Bank.
MPC now plans to revisit this banking service taking cognizance that the rural masses are still unbanked and they intend to utilize their nationwide post offices which are making huge losses. ....

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Malawi Post Corporation to introduce city busliners

April 11, 2021
Duncan Mlanjira -Nyasa Times 12 Comments
As part of turning Malawi Posts Corporation (MPC) from loss to profit making business-oriented parastatal in line with the reforms it has developed, MPC plans to invest into luxurious passenger bus services to commute in the country’s cities.
Meke, flanked by Kachale and acting Director of Postal Services Shadreck Vokhiwa
Elsen Luciano receives hers from acting Director of Buses & Courier Thom Kachale
Meke hands over the reward to Elizabeth Nkhoma
Other prizes lucky passengers received in weekly draws
Malawi Postal Corporation (MPC) buses t
This was disclosed by acting Postmaster General, Zachaeus George Meke when the company presented monetary awards to three passengers through the coach ticket raffle draw the Post Bus Service introduced some two months ago. ....

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