COWUMA Fears Job Losses at MTL
The Communication Workers Union of Malawi (COWUMA) has expressed fear of job losses at Malawi Telecommunication Limited (MTL).
COWUMA General Secretary, Hamilton Deleza, says this follows decision by Press Corporation Limited (PCL) to offload its 80 percent shares from MTL.
“We understand that the minority shareholder is government. So, the government needs at this point in time to find a way of temporarily sustaining MTL whilst looking at long term solutions.
“In the short term, they have to find ways of maintaining the status quo; otherwise, without doing that, obviously we will have negative implications on the employment of the people,” he said.
Deleza added that “things are tough now. It is not the best time to lose employment.”
Economic expert, Dr. Betchani Tchereni, said that “we hope whoever is going to buy the company will continue with it and people will not lose jobs. Of course, one or two people might lose their jobs but we hope that whoever will buy the company will not offload anybody,” he said.
PCL Board Chairperson Brandson Mwadiwa told a stakeholders engagement meeting last Friday the intention to offload the shares “to allow others to come in. We want to focus now on TNM.”