Investor upbeat on Graphite mining

  Australian Stock Exchange (ACX)-listed Sovereign Metals Limited says it has strong interest to proceed with mining activities at the world’s largest saprolite-hosted graphite deposit at Malingunde in Lilongwe. The announcement follows a scoping study which shows that production from Malingunde is anticipated to have the lowest unit operating cost and a pay-back of two…

The term nation building or national development is usually used to refer to a constructive process of engaging all citizens in building social cohesion, economic prosperity and political stability in a nation in an inclusive and democratic way. Going by the definition, it is seen that all citizens are to be involved in building or…

The Next Einstein Forum (NEF) has an ambition that is bound to win hearts and minds with its simple optimism. The forum, a group of scientists, policymakers and business representatives, wants a leader in the field of science to emerge from Africa with the kind of far-reaching impact that Albert Einstein had. Albert Einstein was…

  In the midst of controversy over its lack of funds and budget use, the World Health Organisation (WHO) got an Ethiopian as its new director general. Tedros Adhanom (PhD), becomes the first African to win the high-profile post since its establishment in 1948. State members of the United Nations (UN) body elected Tedros on…

Word on the street is that, if you are rich in this country you must be a thief. Well, who can fault such thinking when most of the fat-cats around us, especially politicians are busy helping themselves with absolute abandon under APM’s watch to what Malawians have put together. The economic environment also is such…

My entry last week on Chakwera’s rants and another piece on MPs not living up to expectations attracted some feedback which in the spirit of fairness I will share with you dear readers this week. Dear Moses, I like reading opinion columns such as yours: Word on the Street in the Weekend Nation and other…

Vera Songwe appointed Uneca executive secretary

United Nations Secretary General, António Guterres, has appointed Vera Songwe as United Nations Economic Commission (Uneca) executive secretary (ES). The Cameroonian economist and banking executive, who succeeds Carlos Lopes, is the first woman to ever serve in this role. In a brief statement announcing the appointment, Uneca said Songwe has been working as the International…

Data from the United Nations Commission on Trade and Development (Unctad) indicates that 71 percent of Malawians are living in extreme poverty despite increased public spending on health and education, which are Malawi’s priority areas. Accordind to a new report published in our sister paper The Nation on Tuesday, topping the list of countries with…

Over the past few weeks, Word on the Street has been concerned with talk of decaying public service provision especially from taxpayer-funded parastatal institutions. It seems the voices in the street are getting louder each passing day. An avid reader Lyton Vasulu wrote me this week about some monkey business at the power utility firm…