RBM to lose 100 staff - report

About 100 people have been earmarked for retrenchment at Reserve Bank of Malawi (RBM) following the central bank's decision to outsource some of its services, The Daily Times reported on its website.

RBM Deputy General Manager Tobias Chinkhwangwa was quoted as saying that his institution feels it would improve its services and welfare of workers if some of the services are outsourced.

Labour and Vocational Training PS, Andrew Daudi, said his minister Ken Lipenga is not happy with the developmen