Govt Says Nurturing Artisanal, Small Scale Mining Potential To Support Economy

Malawi government is optimistic that transforming the Artisanal and Small Scale Mining (ASM) sub-sector from informal to formal with proper regulation in place, would increase the mining sector income and cause an upward adjustment of mining contribution to the GDP.

Currently the mining sector contributes 10% of Malawi’s GDP and when all the upcoming mining projects are in full operation including proper regulations in ASM, government’s projection is that the contribution of the sector to GDP will move up to 20%.