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Outgoing Castel Malawi boss spits fire

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Outgoing Castel Malawi managing director Herve Milhade has said corruption, lack of regard for citizens by some authorities and heavy taxes are among main challenges to private sector growth in the country.

Milhade said this on Wednesday evening during a farewell cocktail the company hosted for him, which also served as a welcoming ceremony for the incoming managing director Thomas Reynaud.

Milhade, who will be heading to Ethiopia, has been in Malawi for four years.

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He said Malawi has all the potential to be rich but growth will not be realised if authorities continue placing their interests above the country.

“As I go I will miss the good environment I have had from Malawians but I will continue being sad for the poverty that is in this country and people should hold hands to develop this nation because, if people work for themselves, nothing will develop,” he said.

The coming in of Milhade to Castel Malawi saw the company moving from a loss-making position to profit making.

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Under his leadership, the company brought back to the market Sobo Squash, introduced Shandie beer, Doppel Munich Dark Beer, Booster ciders and rebranded Kuchekuche beer, among other things.

In an interview on the sidelines, Reynaud said the mission will be to continue from where Milhade has stopped and contribute to national economic development.

“I know that we currently have economic problems but we will improve the local content of our business and I want to thank the company for the warm welcome I have received here,” he said.

Castel Malawi holds the biggest share of alcoholic beverages in Malawi and manufactures spirits, beers and ciders.

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