Castel Malawi Limited guarantees more job opportunities

Malawi: Castel Malawi Limited (CML) has stated that its expansion drive will help create more job opportunities, stimulate business growth, and ensure more tax revenue to the government for Malawi's economic development, writes Watipaso Mzungu.

CML Managing Director Hervé Milhade has also stated his company's commitment to continue providing world-class products and services to its customers for the benefit of its employees, stakeholders, and the Malawi economy.

“We confirm that Castel Malawi Ltd is a local company, which came to stay in Malawi and remains a going-concern, despite the sale of the soft drinks undertaking. After the split, Castel Malawi Ltd will dedicate its effort, focus and investment to the development of its product portfolio, innovation, production, and distribution of its alcoholic beverages – Carlsberg Green, Special Brew, Carlsberg Chill, Castel Beer, Kuche Kuche and Doppel Munich, the alcomix – Booster Cider and Booster Banana Mama and the iconic spirits of Malawi Gin, Malawi Vodka and Premier Brandy across the whole country,” said Milhade.

On Thursday, he told the press that the direction his company has taken will also provide them with a great opportunity to invest further as it expands its brand footprint in Malawi, through distributors, customers, and consumer satisfaction.

CML has given its employees a 'above-market cost of living adjustment of 20% on basic salary,' according to Milhade, in order to cushion the effects of the recent devaluation of the Malawi currency.

CML announced in February 2022 that Southern Bottlers Limited (SOBO) will sell the non-alcoholic beverages category to its long-standing commercial partner, Coca-Cola Beverages Limited (CCBL), a subsidiary of Coca-Cola Beverages Africa (CCBA).

The handover ceremony is set to happen soon.