Government says it is exploring ways that can help the country’s mining sector thrive.
President Lazarus Chakwera made the remarks Monday in Lilongwe during the opening of the second edition of a two-day Mining Investment Forum at the Bingu International Convention Centre.
Chakwera said, among others, government was contemplating on implementing strong regulatory framework that can help in uplifting the mining sector.
“We are in the process of developing a strong regulatory framework made up of a combination of strong laws, policies and testing labs to aid the effective regulations in the mining sector,” he said.
The Malawi leader said robust regulatory guidelines would ensure an equal opportunity for investors, a fair and level playing field for stakeholders.
“Guidelines such as what we are currently developing would also help in combating illegal mining activities in the country,” said Chakwera.
The president urged concerned stakeholders to join hands in ensuring that the country’s mining sector has reached its potential, adding that the sector is key in propelling the economy forward.
Taking his turn, Minister of Mining Kenneth Zikhale-Ng’oma underlined the need for Malawians, including the youths and women to take serious interest in mining activities.
“For the nation to achieve the vision 2063, youths and women should take interest and participate in the mining industry,” said Ng’oma.
The minister said his ministry was working with stakeholders, including the Malawi Chamber of Mines to sharpen effective mining policies.
The 2025 mining forum was held under the theme: Advancing Malawi’s Mining Agenda in an Evolving Global Industry.
The event brought together a diverse group of like-minded investors, financiers and miners, mining equipment suppliers.
According to data sourced from the Ministry of Mining, the sector is currently contributing 1 percent to the country’s Gross Domestic Product (GDP).
