Malawi to learn from Zambia in negotiating mining deals – Mutharika

President Peter Mutharika has said Malawi is in the process of diversifying its economy and move into mining , saying his administration seeks to learn from Zambia experience to entice foreign investment and position the country as a competitive mining destination.

Mutharika being treated to Mapwevupwevu

Mutharika being treated to Mapwevupwevu

Mutharika and First Lady dancing during the  State Banquet in Lusaka

Mutharika and First Lady dancing during the State Banquet in Lusaka

Mutharika said at state banquet (mapwevupwevu) hosted by Zambia President Edgar Lungu on Friday in Lusaka at the start of his official visit.

“Malawi is in the process of diversifying its economy, to move into mining, and Zambia, has vast experience in this sector. Malawi will seek to learn best practices from Zambia, in negotiating mining deals and mining itself,” said Mutharika.

He disclosed that Malawi “will be sending students of mining [to Zambia] to specialize in the field.”

Malawian government agencies are in the process of developing their compliance capability to effectively administer the sector in line with international best practice, further demonstrating efforts to improve the accountability and capacity to manage the expected growth of the sector.

The Malawi leader held bilateral talks with his Zambian counterpart and have agreed on a deal to have the railway project which will connect the two countries from Lusaka the capital of Zambia to Liwonde township in the eastern Malawi.

Briefing members of the press after the meeting, Mutharika expressed optimism that the this project will strengthen the trade ties that these two countries already enjoy as well as improve the cross boarder transportation system.

In addition, President Lungu and Mutharika have also tacked the issue of improving the electricity supply to Malawi as a way of making sure that the industrialization process in Malawi is not affected by low or inconsistence power supply.

“We want more investors to come to Malawi and do business with us. But for this to be possible, n conducive environment is necessary and one of such factors is to have uninterruptable power supply. My talks with President Lungu will enable us achieve this for the common good of Malawi,” said Mutharika.

During this very same meeting which happened in closed doors. President Mutharika and Zambia’s Lungu also tackled the issue of Nsanje-Inland port which according to Lungu, it will help both countries (Zambia and Malawi) to have  a great opportunity to do its trade without restrictions as well as creation of jobs and improving the economic activities for the two member states.

Mutharika has so far thanked the President and the people of Zambia for continued support they render to Malawi.

“ I want to thank my brother Lungu and the people of Zambia for the love, care and all the good things you do to the people of Malawi. As you are aware that we were hit by floods and drought which reduced our maize yield. However, the government of Zambia has been kind to us by enabling my country buy maize from here which has reduced the shortfall which we had,” explained Mutharika to the media after the talks.

He also thanked Zambia for helping Malawi during the death of president Bingu wa Mutharika.

The state visit of Mutharika to Zambia is important for the two states as it continues to strengthen the social and economic relationship that these two countries have.

Malawi is classified as one of the least economically developed nations in the world and has been largely reliant on foreign aid over the past decades but Mutharika wants to move from aid to trade. The country’s economy is principally dependent on agriculture which accounts for over 37% of GDP and 85% of total exports.

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13 thoughts on “Malawi to learn from Zambia in negotiating mining deals – Mutharika”

  1. Kasim says:

    This blind loyalty will not help us malawians. Nganga zathu mmidzimu za seventy years plus zimangomina ndikugona and you expect a rich old man with PhDs to behave differently from those ngangas. The guy is seventy five and you expect wonders have you ever heard the cost of marginal returns. Actually at that age the guy can’t even muster an ejaculation and you burden him with this difficult job. It was your choice don’t complain. You had put yourselves in this despicable situation. DOnt cry now

  2. Dj wamkulu says:

    The old man enjoys dancing these days.

  3. nick says:

    Excellent idea FKR !! (Comment of 1st August). It was called “Federation” (Nyasaland, Zambia and Zimbabwe) and Kamuzu came to power in the 1960s by rejecting it in order to make a state for himself!! It was a good idea then and it is a good idea now.

  4. fkr says:

    Got an idea, why doesn’t Malawi just become a part of Zambia and form one country? Why do we need to follow the boundaries that were setup by the British? Before the British, the entire region was one. It was the British, Portugues and Germans who decided on bounties ….was it not? You may correct my history if I am wrong

  5. A Bazza says:

    Bodza basi. Mukumaba ndalama zopangira chitukuko amalawi!

  6. KOY KOY says:

    FACT IS ZAMBIA IS A RICH COUNTRY,BUT MANY ZAMBIANS ARE POOR.PLS, MALAWI SHOULD NOT LEARN FROM RAW MINING DEALS THAT ENRICH FOREIGNERS WHILST EMPOVERISHING AND PLUNDERIN THE NATION.SO TREAD CAREFULLY-ZAMBIA IS A BAD EXAMPLE

  7. Malawianah says:

    Zambia will always be my favourite country.These pple are true brothers of us(Malawians).we belong together.
    Malawi,Zim n Zambia pure relationship.
    May God bless us.

  8. Aliphee says:

    maphwevuphwevu

  9. Thom Paul Duncan Nkalodzwa says:

    I love our brothers and sisters in Zambia. How i wish to find a good wife in Zambia. Thanks Zambia for keeping most people of Malawian origin. Sata why did you love enemity with Bingu

  10. Achimidzimidzi says:

    True chameleon.

  11. Ozisata says:

    Pathetic writing style, poor English shaaaa

  12. truth says:

    Lungu is also another failure in Zambia. People want to vote him out coz he is not delivering but APM.wants to learn from him. Kkkkkm

  13. GANYAVU says:

    Klkkkkkkkk Malawi sizathekanso or ataticheka phini pokhalila

Comments are closed.