Court orders Press Corporation to close down PTC


The High Court Commercial Division in Blantyre has ordered Press Corporation Limited to liquidate Peoples Trading Centre (PTC) and closed down.

The ruling comes amid protests by former employees of the company who recently stormed the company’s head office demanding their salary arrears.

The court has also refused an application by an investor who wanted to buy PTC and reorganize it.

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Robert Ngwira
Robert Ngwira
Attended Our Future Private Secondary School in Rumphi from 2006-2009 Holder of Diploma in Journalism from Malawi Institute of Journalism (MIJ) Hobbies, reading newspapers, going out with friends, listening to radio and watching football. Email:


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