Written by PIUS NYONDO
MZUZU--The Economists Association of Malawi (Ecama) says the government of Malawi risks paying billions of kwacha to companies for loss of business during the week-long civil service strike that began on February 11.
The association's executive director, Nelson Mkandawire. said companies such as Ethiopian Airlines, Kenya Airways and South African Airways are some of the companies that stand to be compensated.
"Obviously, there were several people, local and foreign, that wanted to fly out of Malawi, but failed. Although we may not at this time quantify the loss, trust me, it's a lot of money lost," Mkandawire is quoted as saying in one of the local dailies.
Malawi civil servants went on strike last month demanding a 67 per cent pay hike to cushion against the soaring cost of living in the country, a result of economic reforms instituted by the Banda administration.
Government offered a 61 percent pay raise instead to end the strike.
(c) The Maravi Post 2013