What a appalling disappointment this government has been for it's people. As with all governments - promise so much and deliver nothing. The second poorest nation in the world will remain that way because of corrupt governments past and present.
Various world bodies that financed and contributed so much to the new mining bill must be bewildered by the abhorrent government behaviour and it's unwillingness to progress the nation as other countries around Malawi progress, develop and improve their nations and peoples lives. This sends out a very poor message to any would be investors/companies.
Things are becoming unstable over there which could turn ugly thanks to a totally inept government full of fat pigs at the trough.
Perhaps Alice had the oil on this government hence her putting everything under wraps and conserving cash and now looking at the business review. As if doing business in these places is not high risk enough - throw in a corrupt, inept government that is not transparent....... Little wonder many world governments/bodies are holding back donations.
Anyway - go the vegemite
GBE Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
