January 22nd, 2013

Malawi governement launches Mining Governance project

Posted on 22 Jan 2013 at 10:57pm

By Cyprian Ndau

LILONGWE, Jan. 22 (Xinhua) — The Malawian government on Tuesday launched a Mining Governance and Growth Support Project to enhance the southern African country’s economy within the framework of President Joyce Banda’s Economic Recovery Plan (ERP).

The project, according to President Banda, is one way of diversifying the country’s agro-based economy and that it is expected to contribute significantly to both the GDP and foreign exchange earnings.

“Before 2009 contribution of mining to GDP in Malawi was at 3 percent but it rose to 10 percent after 2010 due…

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