Malawi ailing economy scares investors: FastJet winds up operation

Jan 17, 2016 Business 134
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FastJet

Soon after Airtel Malawi announced a restructuring programme that has resulted in the retrenchment of some the company’s workers, FastJet has closed it’s Tanzania-Malawi route.

FastJet
Ground Malawi operations

FastJet has confirmed that it has stopped flying to Malawi with their last flight schedule on 8th February this year. In an announcement that has been made by the airline, no reason has been given as to why they have decided to take such an action.

But reports that Malawi24 was unable to independently verify with absolute certainty state that Malawi’s dwindling economy is the sole reason the company has wound up its operation from Malawi.

Local business persons have lamented over the sad development. In an interview with Malawi24, Mrs Ndaona Munkhondya, a Malawian business lady, said that she has been saddened by the news. She added, this will force her to start using road transport which is time consuming.

People’s Trading Centre (PTC) closed 20 of its retail shops across the country for similar reasons. The economic situation for Malawi has of late been very pathetic. There has been low productivity forcing business congromerates to record more losses than profits.

President Peter Mutharika faces an uphill to climb in order to reverse the economic situation with reports indicating that more companies are set to follow the FastJet’s route, a development which has potential of leading to hundreds of thousand job-cuts.

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134 Comments

  2. Everyone must do their part if the economy is to improve. Well spoken Ellason. This mess we are in did not start today like we are switching on electricity,it has its cradle somewhere. Let’s work from a common front by suggesting alternatives not calling the country’s leadership names. This will not take us anywhere.

  4. If we Malawians r to remain pointing fingure @ each other 4 the mess of our economy ,expect the worst to come. Ngati alipo wina amene akuganiza kuti payekha adzalitukula dziko lino, ilo ndi bodza leni leni,we Malawians r gd @ talking ill of our motherland as if we have somewhere 2 live Malawi akaonongeka. A Malawi tipemphere kolimbika kwa Mulungu 4 God’s intervention. Both the government & the opposition shld learn 2 work 2gether 4 the gd of Mayi Malawi. Inu olankhula lankhula, atola nkhani ndi atidye nawe learn 2 b responsible pple. Chonde Malawi is not poor but ourselfishness is making our country poor. Lets bring our heads together to save My beloved Malawi.

  5. Fastjet kkkkkkkkk malawianz if ur wize convert wichcraft jets into day light jets kugona y nt advance ur nyt technology pray kuti ambuye asazakupezeni choncho

  10. Everyone is talking about end of times but are still living in sin. Shame to you so called God fearing Malawians. Equatorial Guinea is the richest country in Africa with $30500 as GDP .. Will they say it is end of times? Ulesi aMalawi basi shame!!!!!

  15. We have our own Malawian airlines. We can’t lose sleep.
    After all, this airline encouraged consumption of our scarce forex.
    Let it close.

  18. Malamulo akati asakhwimisidwe kwa ma investors muzidandaulanso kuti ife aMALAWI sitikupindula lero mukuti malamulo kwa ma investors achuluka. Mpovuta enconomy yathu kuyenda chisogolo. 1, Ngozi yamazi ma floods 2, kuchuluka kwa mvula- anthu analephera kukolola mbewu mochuluka. 3 chaka chino also it promises bad harvest due to scarcity of rain. 4, Satana wabweresa nkhani ya homosexuality ndi chiphinjonso chachikulu mwinanso kuposa ziphinjo zonse. Believe me my fellow Malawians

  25. He he hey,,i thought malawians have wake up bt stil,we r sleeping!All the things that are happening today were already prophecisd.Why are u still sleepng??..ndye poti simufuna kumvetsetsa pa ulosi onenedwa kale ndi aneneri,,then i would advise u to keep on blaming ur leaders!..kaya musintha boma,do that,,no problem.But mind you,u can not change the prophecy!You can’t even bring down the sequence of the events!Let them happen coz the one drivng them knows what comes next..Don’t forget;we are in a NEW WORLD ORDER system where many prophetic events are going to happen including economic matters,whether to use one currency(though i’m not biblicaly sured) and religious matter;one world religion!Likakhala new world order bible ndye linatuluka kale,just google it,u will learn more about it!LET’S FIX OUR EYES to Jesus and make HIM our last hope,otherwise nthaw ndiimene ikupita!No govt shall fed up all these,even the leader of opposition,because ndi nthawi!I’m not a politician,i just prefer spkng de truth!

  31. Anthu osafuna kupeza solution pavuto nthawi zonse zinthu zikavhitika amangoti ‘masiku omaliza’. When will you face your problems?

  36. Hish my malawi phompho lija ndilimeneli tsoka kwa inu munavotela madarawo ine sinavonawo coz ndmadzwa ndi dzkolit linayendetsedwapo ndinkhalamba amalawi tinataya kale coz tinafela kuti peter amakhala america anali m,phuztsi waobama gokonko kaya tyeni nazo mkufa kumeneko ine bola asandgwile dpotee.

  37. Tikamangoti ndi nthawi yotsiliza tikulakwitsa. Kodi nthawiyo yangotha ku Malawi kokha? Akuluakuluwa akalamba basi. DPP must fall…!

    1. Sikulakwa kunena kut nthaw yotsiriza,zitengera kuona kwa inuyo ndkuzindikra pa chimene mwaona!For your own info;Malawi is on an economic crisis,but other countries…who have almost everythng…are having wars each day and each nyt!The America we are talkng about has now become evil possed nation where the devil has lied his mat for rest.Go to europe,you will see ur self pastors officiating same sex marriages.Go to SA,you will feel sorry for poor people for devaluation of rand.Go to Burundi,if u can stay there for so long,then kno GOD wants u to learn somethng abt the cold growing of love.If you visit nigeria,the first thng to hear will be abt the loss of lives bokoharram has done to them.Whatelse,there are several things,just wake up and clean ur face with this HOLY SPIRIT,u wil be the witness that it’s all because of time.The coming out of new fig leaves of a fig tree means rainy season is at hand!JESUS IS COMING AGAIN…Mateyu 24:14.Let’s not blame the govt though i’m not a politician!

    2. Sikulakwa kunena kut nthaw yotsiriza,zitengera kuona kwa inuyo ndkuzindikra pa chimene mwaona!For your own info;Malawi is on an economic crisis,but other countries…who have almost everythng…are having wars each day and each nyt!The America we are talkng about has now become evil possed nation where the devil has lied his mat for rest.Go to europe,you will see ur self pastors officiating same sex marriages.Go to SA,you will feel sorry for poor people for devaluation of rand.Go to Burundi,if u can stay there for so long,then kno GOD wants u to learn somethng abt the cold growing of love.If you visit nigeria,the first thng to hear will be abt the loss of lives bokoharram has done to them.Whatelse,there are several things,just wake up and clean ur face with this HOLY SPIRIT,u wil be the witness that it’s all because of time.The coming out of new fig leaves of a fig tree means rainy season is at hand!JESUS IS COMING AGAIN…Mateyu 24:14.Let’s not blame the govt though i’m not a politician!

    3. Sikulakwa kunena kut nthaw yotsiriza,zitengera kuona kwa inuyo ndkuzindikra pa chimene mwaona!For your own info;Malawi is on an economic crisis,but other countries…who have almost everythng…are having wars each day and each nyt!The America we are talkng about has now become evil possed nation where the devil has lied his mat for rest.Go to europe,you will see ur self pastors officiating same sex marriages.Go to SA,you will feel sorry for poor people for devaluation of rand.Go to Burundi,if u can stay there for so long,then kno GOD wants u to learn somethng abt the cold growing of love.If you visit nigeria,the first thng to hear will be abt the loss of lives bokoharram has done to them.Whatelse,there are several things,just wake up and clean ur face with this HOLY SPIRIT,u wil be the witness that it’s all because of time.The coming out of new fig leaves of a fig tree means rainy season is at hand!JESUS IS COMING AGAIN…Mateyu 24:14.Let’s not blame the govt though i’m not a politician!

    4. Sikulakwa kunena kut nthaw yotsiriza,zitengera kuona kwa inuyo ndkuzindikra pa chimene mwaona!For your own info;Malawi is on an economic crisis,but other countries…who have almost everythng…are having wars each day and each nyt!The America we are talkng about has now become evil possed nation where the devil has lied his mat for rest.Go to europe,you will see ur self pastors officiating same sex marriages.Go to SA,you will feel sorry for poor people for devaluation of rand.Go to Burundi,if u can stay there for so long,then kno GOD wants u to learn somethng abt the cold growing of love.If you visit nigeria,the first thng to hear will be abt the loss of lives bokoharram has done to them.Whatelse,there are several things,just wake up and clean ur face with this HOLY SPIRIT,u wil be the witness that it’s all because of time.The coming out of new fig leaves of a fig tree means rainy season is at hand!JESUS IS COMING AGAIN…Mateyu 24:14.Let’s not blame the govt though i’m not a politician!

    6. It’s up to somebody whether to take or leave it but the word of God does not lie nor change! And the word of God fulfills whatever it says shall come to pass regardless of our human imagination of time.
      The word was there, still is and it shall be there forever.
      We change by time and season but God doesn’t change. He is what He is.
      The calamities in these days are just the beginning of a great war between God’s people” those who believe Him” and the Devil. .
      We can call it a global crisis ,yes it is but ask yourself why now? why not in the previous generations?
      Who is bringing all these at global level?
      Open your spiritual sight and you will see partly that this is in total connection to the end of this world. In the beginning after God created all things, He gave dominion to the man “Adam , to reign and dominate every creature on earth. Unfortunately see how people have failed to dominate and rule over the creature?
      Environmental degradation, Human trafficking, murder, suicide bombings, tribal and civil wars, adultery, homosexuality,bribes and robbery and all kind of evil that is taking place in the whole world.
      Do you think that’s what God created man for?
      That’s why He is coming to end all the kingdoms, presidencies, prime ministries, popeships, lordships and every dominion that men holds . He want to change and make all things like they were before.
      After He created everything he saw that it was all well and because of our iniquities the goodness is no longer seen in the eyes of the Lord. So akubwera ndithu kudzalamulira yekha!.
      Ife anthu talephera. Tasakaza.

    7. Za nthawi ya Mulungu ndi iyo, nzomwe zidalembedwa kalero, ndi izi lero ziwoneka. Nanga maiko awo akulemerawo bwanji? Taonani Ethiopia lero, bwanji kutukuka lomwe linali limodzi mwa ife otchedwa osauka lero, neighbour pompa apa Tanzania mwamverako? Bwanji kutukuka, tsono nthawiyo yangokwanira yekha Malawi? Ntseguleni maso pulizi sindiwona….

    8. Za nthawi ya Mulungu ndi iyo, nzomwe zidalembedwa kalero, ndi izi lero ziwoneka. Nanga maiko awo akulemerawo bwanji? Taonani Ethiopia lero, bwanji kutukuka lomwe linali limodzi mwa ife otchedwa osauka lero, neighbour pompa apa Tanzania mwamverako? Bwanji kutukuka, tsono nthawiyo yangokwanira yekha Malawi? Ntseguleni maso pulizi sindiwona….

  40. Pafunika ambuye abwelebasi nakuti zikoli liyendebwino.cous andale omwetilinawolelowa onse ndiokonda ndalama.zamasiku osiliza izi olo atamalamula opephela palibechingasithepo.tiyeni tingovomeleza amalawi kut tilibe usogoleliwabwino.chabwinochake mkugwada pamsi kupephelabasi.

  50. Its not only becoz of the economy, but also the refusal of the government to permit fastjet to be flying to blantyre. Boma la malawi uchitsilu too much. Zimalamulo zambilimbili ma investors aja ayamba kuthawa sopano. Ayi, mudakakhaula simunati

    1. INDEED PETER MUNTHALIKA AND DPP MUST FALL.PETER HAS TO STEP DOWN Bcoz they don’t know how they can solve the PROBLEM.VOTE OF NO CONFIDENCE FOR PETER AND DPP.

  52. Dear Mr president and politician plus party cheerers May I ask you to leave your politics behind and come together to rescue Malawi…we voted for you and now we are paying you and you want us to die just because you want your bellies to be full why don’t you recruit people who can deliver than pleasing party cheerers.

  55. I dont think its time for poverty as per some poeple’s comments; mind you many nations are doing good with their economies. Bingu anapeza boma lili movutika but he did his best n we prospered in his first term. So mavutowa atanthauza kut boma silikuendesedwa bwino and 2 years of accusing JB now while govt does nothing. Sindikusapota wina on saying the govt is inefficient coz l know even a ku opposition kungolowa mboma first n obvious thing ndizoti akabamo.

    2. Basi wa maso mphenya palibe Tanzania yomwe inenedwayi chuma chawo nchosiririka. Now its 10 richest in Africe but us their neighbours #2 poorest

  57. Malawi Malawi eish ndakunbuka mawu agogo Kamuzu ankakana multiparty kukana nyasi izi eish Malawi ofunika kungo mugulitsa basi azatilamuleko anthu akunjawa basi mwina ma british aja atengeso basi

  65. The economy is dying but the president and his cabinet still enjoys everything for free. They are paid lots of money in salaries and allowances while most malawians both in towns and rural areas are suffering. This is just the beginning, the worst are yet to come. Malawians will only see change when this govt falls. Dpp govt must fall.

  67. Writer of dis article z a goat!Stopped 18February dis yr w@ do u mean???Mw4 looks to hv untrainned journolists,,,,shame,kkkkkkk

  68. Writer of dis article z a goat!Stopped 18February dis yr w@ do u mean???Mw4 looks to hv untrainned journolists,,,,shame,kkkkkkk

  69. Palibe mlimi angatenge mbewu yake nkuzala pa mwala, mavuto onsewa kamba ka mfundo zoipa zoyendesera chuma. Komaso kusowa kwa nzeru zausogoleri kwa big man,

  71. Osadandaula ndi nthawi yake coz mau a Mulungu samapita pachabe we are in de last days, even president wa malawi atakhala Obama zinthu sizingasinthe, what needed is just to repent cz Jesus is coming soon!

    1. I find this argument fallacious and needlessly unconscious to development . It propagates blind faith. Asking people to do nothing and wait for the next kingdom ? This is false theology. God has bestowed in us knowledge, skills and creativity as He is creator . Lets optimise what we have , and liberate ourselves from blind faith.

    5. Hahaha go to other countries u will find dat there is no peace people r fighting war each n every day, other countries u will find zivomerezi! It doesn’t mean we will face de same calamities

    6. Ok, as Iam saying now, Iam in RSA where I reside. My arguement here is, can you please mention one calamity that RSA is facing in corraboration with the last days???

    8. Wellington Nowa,ku SA kuno mavutoso alimbwembwe ,ama toytoy daily,what about Xenophobia,what ia the meaning of that?? Corruption,kuba,kuphana dzuwa likuswa ntengo,they are also facing the same problems,I agree with #Odala Nambwale,there’s no freedom is SA,…. Foreghners we are nothing here,

    9. Kkkk Eee ku SA nde chikondi cha chibadwidwe chidatha …people just don’t care.
      Ku Mocambique nako akubandulana, ……mbali ina tiyeni tivomere kut uku nkumalecheleche kwa guleyu…..
      Koma sizikutanthauza kut mpaka titayilire osamatukula dziko ayi.
      Ma calamities akunenedwawa ndi mbewu ya satan mdyerekezi yofuna kukodwetsa ambiri kuti akaonongeke naye pamodzi.
      Tiyende pamodzi ndi mtima umodzi okhulupilira ndi kudziwa komwe tilowera.

    11. #Jimmie tandigwila mmanja,longosola bwanawe,Mulungu azitikhululukila mmene tikuyenda ulendo woyenda ndi mtima ku south Africa mtendeleso kulibe,ma SA Citizen akulila ngati mmene ife amalawi tikukhetsela misozi koma akunjoya ndiwongodutsa,Masiku otsiliza ano

    12. The issue is leadership,priorities up side down and u expect anything good Kajoloweka is right tikhala mmavuto azawoneni ndi anthu anu amene mumawa supporterwa abalalikilatu

    13. What you have mention here, were there before, they here now and they will always be there. However, I will need the connection between the things that were already there and the last days.

    14. yes they are too old but from the teaching and prophesy of the messiah Jesus amene tikumuyembekeza adanena kuti mavuto alidalipo ndithu koma na amasiku otsiriza adzakhala oti sadaonekepo chilengedwere cha dziko la pansiri…
      Pokhapokha wina pano atalimba mtima ndi kutsutsana ndi mau amenewo, sitingaletseretu kut zina mwa zowawazi ndithu zikulosera cha komweko.
      Akuti onani pomwe nthambi za nkuyu zikuphukira masamba ndipomwe mudziwa kut dzinja layandikira.

    16. The second coming of Jesus is somehow complicated. It started sometime back by the early church. Now, because someone is failing to put the economy in a right channel, You say Jesus is about to come. What if the economy goes back to its track ??? Would you say Jesus will never come again????

    18. sometimes its good just to agree that we are in the last days.& ine ndineneso momveka bwino pano kuti nzangayi amati masiku otsiliza koma ine ndikuti last seconds,mwandimva? bcoz ngat mwati mmbuyomu zidaliposo zithu zonga izi, ndiye kut nthawi imeneyo ndiyimene tidali mu last days,,,but now we are in the last seconds,,,
      JUST REPENT MY FRIEND,siya matukutuku mudzina la YESU KHRISTU !

    19. WERENGASO MULUNGU AKUFUNA IWE
      sometimes its good just to agree that we are in the last days.& ine ndineneso momveka bwino pano kuti nzangayi amati masiku otsiliza koma ine ndikuti last seconds,mwandimva? bcoz ngat mwati mmbuyomu zidaliposo zithu zonga izi, ndiye kut nthawi imeneyo ndiyimene tidali mu last days,,,but now we are in the last seconds,,,
      JUST REPENT MY FRIEND,siya matukutuku mudzina la YESU KHRISTU !

    23. Mm komatu Mulungu sasintha..
      ndipo ngati iye Adalankhula kale ndi makolo ndi aneneri sikut ndiye sidzichitika ayi.
      Tere u kale timawuona ndife okhala pansi pa dzuwafe chifukwa chowerengera tsiku, sabata, mwezi, chaka..anniversary kaya mukuti mpaka ma decade. ..koma Mulungu alibe nyengo.
      Chimene adachinena chili still active kufikira chitakwanilitsika ndithu.
      Olo titayesa kuti zonse zili momwe zidali Pachiyambi koma ndithu ngati lembo likuti,” Yesu akubwera ,; ndipo thambo ndi dziko dzizapita ee Khulupiranii dzikupitadi izi olo zitakoma motani koma nzopanda phindu.
      Mfumu yodzalamula mosakondera ili pafupi kudza! Yesu Kristu.

    24. Mm komatu Mulungu sasintha..
      ndipo ngati iye Adalankhula kale ndi makolo ndi aneneri sikut ndiye sidzichitika ayi.
      Tere u kale timawuona ndife okhala pansi pa dzuwafe chifukwa chowerengera tsiku, sabata, mwezi, chaka..anniversary kaya mukuti mpaka ma decade. ..koma Mulungu alibe nyengo.
      Chimene adachinena chili still active kufikira chitakwanilitsika ndithu.
      Olo titayesa kuti zonse zili momwe zidali Pachiyambi koma ndithu ngati lembo likuti,” Yesu akubwera ,; ndipo thambo ndi dziko dzizapita ee Khulupiranii dzikupitadi izi olo zitakoma motani koma nzopanda phindu.
      Mfumu yodzalamula mosakondera ili pafupi kudza! Yesu Kristu.

    25. You guys are missing the point. The issue here is the economic nose dive of the country. However, your arguements seem to be contrary to the post in question. Has the second coming of Jesus got anything to do with the cancellation of flights????? Go back to the bible as well as to the post then come up with your comments.

    26. You guys are missing the point. The issue here is the economic nose dive of the country. However, your arguements seem to be contrary to the post in question. Has the second coming of Jesus got anything to do with the cancellation of flights????? Go back to the bible as well as to the post then come up with your comments.

    27. Wellington Nowa masiku omaliza pamene uchimo uzakhala ukuchulukila chulukila chikondi chizakhala chikuchepera chepera, image maiko akuti kuti atipatse ndalama tiyambe tapanga kaye uchimo, amuna akwatilane amuna okha okha ngati sititero satipstsa thandizo zimenezi kale lija zinaliko?

    28. Akati chowawitsa si nthentha yapathupi pokha kapena imfa ayi.
      It includes the devaluation of currency, suspension of help from somebody whom you had trust kut angakuthandize pa vuto lako, kusalidwa, etc
      Chiyambi cha matsautso ndi chimenechi . Kumadzifunsa kuti bwanji sidzinkachitika mu ulamuliro wa ena ndi zikuchitika this time. Komanso kuti nanga kutsogoroku zikafika pa level yanji.
      Maso akudziko amaona ndi kuweruza zinthu mwa ku dziko koma yawo aku uzimu amaona ndikupanga refer kut kodi Mulungu akulankhura kuti chani pa zanyengo ilipo.
      Afarisi ndi Asaduki ngakhale ankadziwa za chipembezo koma kamba kotsata mwa maso akudziko iwo sadazikire ndi kuvomera kuti Mfumu yolonjezedwa ija Messiah ndi amene ali pakati pawo. Because they waited to see the king in high glory monga akudziko achitira.
      Chimodzimodzi pano ngati sakhulupilira pa zizindikiro ndi nyengo tili nayembekeza kuona zoposa yapa mmm akuchedwa.
      Ufumu wa kumwamba sitidzauna kuti ndi uwo uli uko ayi… koma ndi mtima munthu avomereze. Dziko ndi lopusitsa, nthawi ndi ya padziko koma kwa Mulungu zonse za muyaya..

    30. Wellington Nowa. Stop urguing with people who doesnt have a clue what they r talking about. Coz honestly I dont c what the cancellation of a flight have to do with last days

    31. Wellington Nowa. Stop urguing with people who doesnt have a clue what they r talking about. Coz honestly I dont c what the cancellation of a flight have to do with last days

    32. What about those developed countries akunkirabe namalemera, tinene kuti matsiku awo adakali? Pena kulibe ochimwa? Ndikuwona the prblm lies to them in power ndinso achuluka iwo okokera dzikoli pansi maka andale pofuna kulepheretsa awo olamula, ncholinga chofuna kunenedwa iwo angathe. I believe those oppositions atabvomereza ndikuthandizira nawo pomwe akuwona pali bvuto I think they can bring changes…

    33. What about those developed countries akunkirabe namalemera, tinene kuti matsiku awo adakali? Pena kulibe ochimwa? Ndikuwona the prblm lies to them in power ndinso achuluka iwo okokera dzikoli pansi maka andale pofuna kulepheretsa awo olamula, ncholinga chofuna kunenedwa iwo angathe. I believe those oppositions atabvomereza ndikuthandizira nawo pomwe akuwona pali bvuto I think they can bring changes…

    34. guys economy problems are everywhere kma those developed countries dont want to show kma mufufuze bhobho its everywhere. ok the problems may vary from each other but thats the fact so stop denying the truth we are in the last days and all we need is the hand of God bcoz those who believe in him will work and watever they earn he will put his blessings but pliz lets stop thinking that any politician will solve our problems.. its only God and nothing else

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