Email a copy of 'Malawians should have shares in mining companies –MP Kazombo' to a friend

* Required Field






Separate multiple entries with a comma. Maximum 5 entries.



Separate multiple entries with a comma. Maximum 5 entries.


E-Mail Image Verification

Loading ... Loading ...

Sharing is caring!

18 Comments
newest
oldest most voted
Inline Feedbacks
View all comments
Samarakunjuta
Samarakunjuta
8 years ago

Not should have shares you man!!!
Malawi government must own the mines no plus or minus understood??

Keen Observer
8 years ago

It’s good idea but my only concern is that even if that chance arises it will be only politicians & their families. In Malawi it’s only through politics that can make one to be well connected.

Rodgers Banda
Rodgers Banda
8 years ago

Changers, be told that mines airports etc. should also benefit locals in the form of development ie roads, hospitals food schools apart from employment.

Rodgers Banda
Rodgers Banda
8 years ago

Poverty and being neglected is not the industry s fault. This is the fault ofthe greedy MP your vote for. MP s are your voices in parliament. Silence to raise issues in parliament means they don’t care about development since parliament pays them well.

myao
myao
8 years ago

Changers,so u want someone to come and impregnate your a lot more times just bcoz u cant do it urself and u shud then enjoy the pride of having a big family?

Mmihavani
Mmihavani
8 years ago

You guys amaze me. Why do you want shares? Why should you insist on owning shares and not own it completely? Who is preventing you from putting together your shares? So you still want somebody to lead while you follow blindly. Umbuli ndi ulesi

Changers
Changers
8 years ago

I wonder the noise on mining companies!! These so called minerals have been lying underground all these years even before these so called foreigners started mining them. Did we benefit from them? I think we are just being jeolousy and we are making an unjustified noise here. Otherwise, do we want to benefit from handouts from these mining companies?? We benefit by employment, taxes and business opportunities, how else can we benefit from them? It is easy to sound wise and caring when in fact Kazombo knows he is saying nothing practical here. Shut the noise, Honourable MP.

Owonelera
Owonelera
8 years ago

Other countries have what they call “Production Sharing Agreements (PSA)” for, say, 10 years which stipulate how revenue and costs will be distributed. Governement doesnt need to put in any capital as the mineral resources are its contribution. At the end of the PSA all interests in the mine including structures, machinery and equipment are transferred to the Government. We need to explore this kind of agreement but alas our politians are so gready such that they put their own interests before the nation. God help us

Sweet Boy
Sweet Boy
8 years ago

What this spoiled boy in the name Kazombo is saying is nothing else other than repeating what has been discussed before – “Enriching the rich”. Mining is not cheap and just because the owners of the mining industry will come up with conditionalities in order to have a larger portion of the shares. A good example is when MCP was in power; some American hotel and tourism industry oriented firms came to Malawi and wanted to build massive hotels along the shires of the lake. They fell in love with the scenery head over heals. The problem was that the… Read more »

Malawiana
Malawiana
8 years ago
Reply to  Sweet Boy

These are just useless rantings by a DPP functionary. I dont hink they merit any response from either Kazombo, MCP or anyone with a sound mind.

Toga wa MCP
Toga wa MCP
8 years ago

That’s the real son of Africa taking locals at heart.If our parliament can have three quarters of its members with such heart of putting locals first, we are likely to see a transformed Malawi.To achieve this we need to join hands by voting MCP into power come 2019.

Read previous post:
Bullets back on top after beating Civo, Silver lose again: TNM Super League Malawi

Malawi football champions Big Bullets moved into the TNM Super League top slot with a 2-1 victory against struggling Civo...

Close