By Patience Longwe
Lilongwe, April 30, Mana: The Minister of Mining, Kenneth Zikhale Ng'oma has outlined plans to transform the sector through legislative reforms to increase transparency and investment in technology.
In his remarks on Tuesday during the closing day of the 2025 Malawi Mining Investment Forum, Ng'oma emphasized the importance of a robust regulatory framework to ensure proper management of the mining sector.
"We need to be transparent and accountable in the mining sector by including the involvement of the Malawi stock exchange in the announcement of mineral discoveries.
“It is also important to establish a clean laboratory to prevent the smuggling of mineral samples and ensure that Malawi has control over its own resources," he said.
Ng’oma also pledged to introduce tougher laws to regulate the mining sector, ensuring that investors add value to Malawi’s minerals locally rather than exporting raw materials.
He, therefore, revealed plans to investigate past mining contracts to ensure that they are fair and beneficial to Malawi.
"This move aims to protect the country's resources and promote a win-win situation for all parties involved," he said.
The government’s vision for the mining sector emphasizes the importance of transparency, accountability, and responsible investment.
"By implementing reforms, Malawi aims to maximize the benefits of its mineral wealth and promote sustainable economic development," he said.