Toyota scales down operations by third
Toyota Malawi managing director Rosemary Mkandawire said this on Thursday at a retirement cocktail for the company’s branch manager for Mzuzu Chris Gadi.
Gadi, who has been replaced by Duncan Mabona, joined Toyota Malawi in 1990.
He retired as sales manager for Malawi’s capital, Lilongwe, in 2008 only to be recalled a year later to head a new branch the company was establishing in Mzuzu.
In an interview, Mkandawire hailed customers for supporting the company during tough times.
Asked how Toyota Malawi is surviving in the face of forex shortage, she disclosed that the company has scaled down its operations by a third.
“We have scaled down our operations by a third and this is worrisome to the company and shareholders. This has also greatly affected profits,†she said.
She said she hopes government is working hard to ensure the availability of forex in the country.
Malawi has been hit by forex problem which has forced many companies to scale down their operations.
Mkandawire said Gadi was a man who loved his customers and hoped there would be no change to the operations of the branch with his retirement.
Gadi said hard work and dedication makes one to retire honourably.
He called on Mzuzu and surrounding districts to service their vehicles at Toyota Malawi as it has sophisticated machines.
