Tags: Paladin

Report faults Paladin incentives

International civil society group, ActionAid, has released a report that accuses Australian mining firm Paladin (Africa) Limited ripping Malawi off $43 million (around K19 billion) through ‘harmful’ tax incentives and tax dealings. But Paladin country director Gregg Walker yesterday dismissed the report as a misrepresentation of facts and another attack from the civil society, saying…

Kayerekera under microscope

The civil society in Karonga have engaged an international nuclear expert to conduct an independent investigation into the silent side-effects of uranium mining at Kayerekera in Karonga North West. Bruno Chareyron, a French engineer in energetic and nuclear physics with a master’s degree in particle physics, will touch down at Kamuzu International Airport, Lilongwe, on…

Dialogue activisms can increase community benefits from mining

Action Aid has called on authorities in African governments to adopt dialogue activism on mineral benefits to influence investors to give back more to the communities. Country director for Action Aid Zambia, Pamela Chisanga, made the suggestion on Tuesday after presenting her overall assessment on activism and mineral exploitation in Africa to 25 journalists from…

KUM suspension will not affect economy—IMF

Global multilateral lender, the International Monetary Fund (IMF), has allayed fears that the suspension of Kayelekera Uranium Mine (KUM) in Karonga will suppress Malawi’s economic growth in 2014. The Bretton Woods institution has also backed the decision by the Australian miner to have the mine suspended until uranium prices rebound on the international market arguing…