The development could provide a moderate boost to Malawi’s public finances, and if well managed, could stimulate growth and help address the country’s fiscal and external imbalances.
Zozodo Gemstone Consultancy and Mining Company Limited has set ambitious plans for its 2025 financial year, including making massive investment in quarry mining, gemstone value addition and gemstone jewelry production in its efforts to improve the income stability for the company.
Export Development Fund (EDF) says Malawi has the potential to transform its economy through the extractive industry but needs to invest in knowledge that...