Salima Sugar Wants K24bn from Govt: But Why Should Malawian Taxpayers Keep Bailing Out a Profit-Making Company?
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Once again, Salima Sugar Company Limited—a state-owned enterprise—has come knocking on government doors, this time asking for a whopping K24 billion bailout. The question is: Why should ordinary Malawian taxpayers continue footing the bill for a company tSalima Sugar Wants K24bn from Govt: But Why Should Malawian Taxpayers Keep Bailing Out a Profit-Making Company?
Once again, Salima Sugar Company Limited—a state-owned enterprise—has come knocking on government doors, this time asking for a whopping K24 billion bailout. The question is: Why should ordinary Malawian taxpayers continue footing the bill for a company that was set up to generate profits? The requested bailout is meant to repay a legacy debt incurred […] The post Salima Sugar Wants K24bn from Govt: But Why Should Malawian Taxpayers Keep Bailing Out a Profit-Making Company? appeared first on Malawi Nyasa Times - News from Malawi about Malawi. Read more