May 11, 2021 Lowani Mtonga 2 Comments
On 14 July 2014 I wrote an article in
The Nation newspaper under the headline
‘Do better on mining’ in which I urged government to establish a parastatal to actively participate in mining sector and not just watch foreign companies extracting minerals. Seven years down the line the government has done what it should have done many years ago. Actually Malawi used to have Mining Investment and Development Corporation (MIDCOR) which was vanished during the Structural Adjustment Programme. It should be revived!
President Dr Chakwera should be applauded for making an important decision for government to be in firm control of the mineral wealth by directing that a governing company mining must be formed to look after the mineral issues. This is what some of us have craved for many years. Those of us who have lived in countries where they have minerals know how the mining sector drives the economy and contributes significantly to the