Tag Archives: 2025 Malawi Mining Investment Forum (MMIF)

Business, Environment, Malawi, Opinion

Letter to President Chakwera: Mining isn’t a side hustle

Maravi Post Author

By Jack McBrams

Dear President Lazarus McCarthy Chakwera,

Excuse my candour, but I must admit I was left thoroughly gobsmacked—no, shocked—by your recent confession at the Mining Investment Forum in Lilongwe. There you stood, Malawi’s Head of State, Commander-in-Chief, and Chair of the ATM strategy, admitting that you’re in the dark about the mining deals that could lift this country from its economic deathbed.

I had to double-check the date to ensure it wasn’t April Fool’s Day.

Your Excellency, you said—rather poetically—that it’s unacceptable for Malawians to hear about the rutile operations in Kasiya from an Australian press conference or a stock performance report on the London Stock Exchange. That’s rich. But Sir, what’s even more unacceptable is that you heard about it the same way too.

Mr. President, you’re not a bystander. This is your administration. This is your strategy—Agriculture, Tourism and Mining. Yet somehow, the ‘M’ for Mining seems to be running on autopilot… or worse, on stealth mode.

Let me be blunt: this isn’t just a PR gaffe. It’s a profound leadership crisis.

Let Me Crunch It For You (Because Clearly, No One At The Palace Is)

Today is Labour Day, and the minimum wage in Malawi is K50,000. That’s the same price as a 50kg bag of maize. Yes—our economy has essentially equated labour to lunch. Our people are broke. Bankrupt. Begging.

Meanwhile, mining is sitting like a loaded vault waiting to be unlocked. The Chamber of Mines and Energy estimates that Malawi can generate up to $10 billion (that’s K17 trillion) in mineral exports over the next decade. That’s not just pocket change—that’s the national miracle you’ve been praying for.

The Kasiya Rutile and Graphite Project alone—yes, the one you learned about from London—is projected to earn $645 million annually over a potential 75-year lifespan. It’s not just big—it’s generational. The World Bank has even done the math for you: Malawi’s mining sector could generate $43 billion between 2025 and 2040. That’s $3 billion per year. Our current tobacco earnings? A modest $395 million in 2024—after a “significant” 40% jump.

You see, tobacco is fading faster than our forex reserves. Mining is the next big thing. The only big thing, if we’re being honest.

A System in Secrecy

And yet, mining deals are inked behind closed doors, royalties vanish into thin air, and accountability is as rare as the minerals we’re shipping out. If the Attorney General’s figures are accurate, we’re owed:

$309 million from a US-based gemstone company.
$4 billion from TotalEnergies.
$9.5 million from Turkish tobacco giant Star Agritech.

That’s a grand total of over $4.3 billion in unpaid revenues—300 times Malawi’s national debt and 22 times its GDP.

Let that sink in. We’re knocking on the IMF’s door for a $174 million bailout, while our rightful wealth is being stolen with a handshake and a shrug.

Mr. President, Who’s Running The Show?

The real concern here isn’t just your admission—it’s what it implies. Are you being misled? Ignored? Or worse, have you delegated Malawi’s most important economic opportunity to a team of amateurs with blacked-out briefcases and business cards printed in crayon?

Transparency isn’t just a nice-to-have in the mining sector—it’s oxygen. Without it, we’re back to being a resource-rich, cash-poor cautionary tale. We’ve seen this movie before in the DRC, in Guinea, in Sierra Leone. We know how it ends: with the people holding empty bowls while the elites count dollars in Dubai.

Your job, Sir, isn’t just to be outraged when these things come to light. Your job is to make sure they never happen in the dark.

So, What Now?

Let’s not sugarcoat it: you have some catching up to do. But there’s still time to turn this around—if you take decisive action now.

Audit all current mining contracts. If there are loopholes, close them. If there are crooks, prosecute them.

Introduce mandatory public disclosures for all mining agreements—signatures, terms, royalties, and all.
Strengthen the Ministry of Mining, or better yet, clean house. It’s time for that office to serve Malawians, not multinationals.


LEmpower Malawians with information. If people know what we’re mining, how much we’re earning, and where it’s going, you won’t need to give speeches. The results will speak for you.

And finally, You Excellency, I offer you this deal: If no one in your inner circle has the spine to tell you the truth, hire me (you have my number). I’ll bring spreadsheets, a conscience, and a pair of noise-cancelling headphones—for when the excuses start flowing.

Environment, Malawi

“Juck up by putting robust control systems against mining proceeds’ smugglers”-Chakwera tells Mining Ministry officials

MaraviPost

LILONGWE-(MaraviPost)-President Lazarus McCarthy Chakwera on Monday, April 28, 2025 urged Ministry of Mining to come up with functional systems working around the clock to regulate the conduct of every player in the sector and to safeguard the country’s minerals.

Chakwera made the remarks on Monday at the Bingu International Convention Centre (BICC), in the City of Lilongwe, where he presided over the official opening of the 2025 Malawi Mining Investment Forum (MMIF).

The President said no one should have access to the country’s minerals without the ministry knowing about it.

“It is important to remember that those who want to steal our minerals are already here, some of them may very well have sneaked into this room, and these thieves do not sleep, and so the only way we can succeed in defeating their evil plans is to have a Mining Authority that is even more awake,and the job of the Ministry is to ensure that there are functional systems working around the clock to regulate the conduct of every player in the sector and to safeguard every single ounce of our minerals.

“Even if there are minerals deep in the remotest parts of the forests of Malawi, no one should be able to touch them without the Mining Authority or Ministry knowing about it, or be able to do so without a licence, or be able to do so without following the laws of Malawi,” he said.

Chakwera added that a big part of having this strong regulatory framework is transparency to the public.

He said it is disturbing that with all the mineral riches Malawi has, including the recently discovered rutile deposits recently discovered, “Malawians have yet to hear anything from Mining officials about what is going on in Kasiya regarding our rutile and what has been agreed about that rutile and with whom.”

“That is not acceptable. It is not acceptable that Malawians should be hearing about the rutile operations in Kasiya from a press conference by a foreign company in Australia or from that company’s report of the performance of its stock on the London Stock Exchange, as if here in Malawi the Ministry of Mining has no information to give Malawians about how my government is securing a prosperous future for them through this resource,” he emphasized. “So I am ordering that the silence from the ministry regarding the activities in the mining sector needs to end immediately, because our minerals are a matter of national security and there is no better security than putting things in the light.”

Speaking earlier, Minister of Mining Ken Zikhale Ng’oma said his ministry is working with draft policy control bodies to make the industry more competitive.

President of Malawi Chambers of Mines and Energy Maxwell Kazako said the institution has deepened their collaboration with government and other agencies to sharpen effective mining policies.