Malawi: Chakwera’s ATM Strategy – Govt to Rake K238bn in Two Mining Deals Signed

July 30, 2024
[Nyasa Times] Malawi is set to make about K238 billion from the decision of giving a go-ahead to Lotus Resources and Lancaster Exploration Limited (BVI) to start mining works at Kayerekera in Karonga and Songwe Hill in Phalombe. The move, which is part of President Lazarus Chakwera's-agriculture, tourism and mining (ATM) strategy-was revealed during an agreement signing ceremony between government officials and Lotus as well as Lancaster Exploration Limited, at the Office of the President and Cabinet in Lilongwe on

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