Tuesday, September 26, 2023
  • About Us
  • ImagiNATION
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation
No Result
View All Result
No Result
View All Result
Home Business Business News

Malawi urges smallscale miners to form cooperatives

by Dumbani Mzale
27/06/2014
in Business News, Editors Pick
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

Malawi government, through the Ministry of Natural Resources, Energy and Mining, has pleaded with artisanal and smallscale miners in the country to form cooperatives instead of operating individually.

The ministry’s public relations officer, Levison Wesley Undi, made the call at Zuc Lodge in Balaka on Tuesday on the sidelines of a week-long training session for artisanal and smallscale mining (ASM) operators from Kanono and Njereza areas in the district.

Informal miners need to form cooperatives to reap maximum benefit from minerals such as these
Informal miners need to form cooperatives to reap maximum benefit from minerals such as these

The Ministry of Industry and Trade, through the department of cooperatives, is facilitating the training as it is responsible for registration and issuance of certificates to all registered and trained cooperatives.

“It is much easier to train cooperatives than individuals in various fields to empower them with relevant knowledge and skills,” said Undi.

He said the ministry believes it is easier to link cooperatives to financial lending institutions to access loans for capital investment than individuals.

Undi said through cooperatives it is also easier to collect statistics on how much revenue the sub-sector is generating than through individuals.

“ASM operators at Kanono and Njereza have been operating individually and hence the ministry organised a training session which, upon finishing all the sessions, there will be an establishment of cooperatives at Kanono and Njereza,” he added.

The contribution of ASM to the economy, according to Undi, is generally under-estimated because of the informal nature of the artisanal mining activities, rendering it difficult to collect statistics.

He said mining in Malawi is predominantly artisanal and small-scale and involves extraction of limestone, rock aggregate, sand, clay and gemstones, among others.

Speaking in random interviews, most training participants hailed government for organising the training which they said will boost their mining skills and also help organise them into cooperatives.

The Ministry of Natural Resources Energy and Mining is implementing a Mining Governance and Growth Support Project (MGGSP) with support from the World Bank and European Union.

Its objective is to improve the efficiency, transparency and sustainability of mining sector management, according to Undi.

Tags: ASMmalawi mineMGGSPMinistry of Trade
Previous Post

Extracting poverty in mines worth billions

Next Post

The joke of saving amidst so many dependants

Related Posts

Kamanga: Investment is a challenging area
Business News

Financial analysts told to promote investment

September 26, 2023
Business News

Kwacha fall threatens Inflation outlook—EIU

September 26, 2023
Katandula hands over the symbolic cheque to Biziwick
Editors Pick

Illovo pays K63bn taxes in 13 months

September 26, 2023
Next Post

The joke of saving amidst so many dependants

Opinions and Columns

My Turn

Resolve DStv spat amicably

September 25, 2023
People’s Tribunal

Time for politicians to memorise the myth of Sisyphus

September 24, 2023
Big Man Wamkulu

I hear he is engaged to somebody

September 24, 2023
Musings on Corruption

Is ‘God-fearing’just a façade?

September 24, 2023

Trending Stories

  • Kept report under wraps: Chakwera

    Inside ‘hidden’ Reforms report

    0 shares
    Share 0 Tweet 0
  • Mysterious animal injures 9 people

    0 shares
    Share 0 Tweet 0
  • RBM wants suspension of judgement in ICT deal

    0 shares
    Share 0 Tweet 0
  • Just kill me—cries Cashgate convict

    0 shares
    Share 0 Tweet 0
  • Strange illness scare forces school to close

    0 shares
    Share 0 Tweet 0
  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2023 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.