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    Mining Cooperatives Amass a Prospect to Exemplify Pitches and Vista their Merchandise, in Lilongwe, Malawi

    Posted On 29 Oct 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 10

    By Abdul Rahman Bangura–

    Photo Credit: Youtube

    NEW AFRICA BUSINESS NEWS (NABN) Freetown- The organizers of small-scale miners seminar underway in Lilongwe mumble, the event could be a swiveling juncture for miners that will wield the chance nicely.

    Chairman of the symposium organizing committee – Peter Jere explained, numerous stakeholders, comprising possible partners and financiers in the mining value chain, primarily those that deal with precious stones, are attending.

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    “Mining cooperatives will have a chance to present pitches and exhibit their products. Noted Jere.

    “There will be different players in the field, including commercial banks and microfinance institutions to interact with the cooperatives.”

    Jere asserted, if cooperatives use the opportunity well, some of them can find supporters or financiers to help them strengthen their mining.

    “Most small-scale miners operate like orphans, they still rely on primitive methods and knowledge in their operations, but the symposium could change their story if they are clever,” he let out.

    In addition, the symposium has been coordinated by Nyasa Mining Cooperative – a group of small-scale miners that gears towards to improve the mining traffic. The occasion is anticipated to entice twenty exhibitors.

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    The Malawi Administration Annual Economic Report 2020 indicates that, the mining sector thrived by 4% in 2019, a subtle modification from the introductory assessment of 3.9%.

    In 2020, the mining sector is bulged to rise by 3% against an introductory prediction of 5% vastly influenced by the Covid-19 pandemic, which is foreseen to disrupt work in the sector and also derail construction works which is the major source of demand for mining.

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    10 Comments

    1. Kelvin October 29, 2020 at 10:25 pm Reply

      I like to thank you for the news newsletters. Dodoma, Tanzania. Kelvin

      • New Africa Business News, Staff Correspondent October 29, 2020 at 10:30 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Rita October 29, 2020 at 10:41 pm Reply

      Our small scale miners need organizing and government help. Rita in Lagos, NIGERIA

      • New Africa Business News, Staff Correspondent October 29, 2020 at 10:42 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Chasily October 29, 2020 at 10:50 pm Reply

      Organisating is the key. Time to work with our local miners. Chasily in Kigali, Rwanda

      • New Africa Business News, Staff Correspondent October 29, 2020 at 10:51 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Anderson October 29, 2020 at 10:54 pm Reply

      Thank you for reporting and happy follower of the online newspaper on Face book.
      Anderson in London, England.

      • New Africa Business News, Staff Correspondent October 29, 2020 at 11:03 pm Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Paul October 30, 2020 at 1:08 am Reply

      Thank you for the newsletters. Paul in Nairobi, Kenya

      • New Africa Business News, Staff Correspondent October 31, 2020 at 1:40 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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