Malawi temporarily bans all mineral exports to revamp rules
Malawi, Zambia. Stock image.
Malawi’s government placed a temporary ban the exports of all minerals to allow the country’s Ministry of Mining to streamline procedures.
The ministry wants to enhance “regulatory frameworks that benefit both the industry and the country’s economic growth,” it said in a notice in the Daily Times newspaper.
Malawi is one of the world’s poorest nations and relies mainly on agriculture, with tobacco its biggest source of foreign exchange. Rio Tinto Group-backed Sovereign Metals Ltd. is developing the Kasiya asset in the west of the country which – if built – will produce graphite as a co-product of rutile.
(By Frank Jomo)
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2 Comments
dmwagomba5@gmail.com
Good the minister l surport you wishing you all the beat
Isaac Gibson chiothamisi
Good day my main concern is why local people are digging minerals all over the rivers mountains even in farmers fields without any laws given to them we need those minerals produced by mining and people get employment so that we must not depend upon farming only but other resources are needed am residing in south africa but am from kasungu district at misi home street I always visit home each and every year but I saw and came across this localy business where by people are being robod when selling their minerals products to other organization and rich people let’s the ministry of minerals look upon this we are not happy to be in other countries because of poverty in our country while we also got all relevant resources we saw in other countries much comments will highly appreciated its me Aik