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Company Response

3 Dec 2018

Author:
Malawi Mangoes

Malawi Mangoes response

"Response to Foreign Policy Article – 25th October 2018"

[Malawi Mangoes] categorically denies the inaccurate information presented in the article posted on the www.foreignpolicy.com website.
 Since inception in 2011, the Company has generated approximately $1.8m in cumulative revenue, has made significant operating losses and has paid local taxes in excess of $2m
 Contrary to the inaccurate nature of the above mentioned article, all MM (Operations) Limited sales revenue has stayed within Malawi and the Company has been and is wholly compliant with local Malawian tax regulations
 The Mauritian holding company was established to attract and facilitate international investment into the Company