SVM sovereign metals limited

Could that be negative for SVM? BLANTYRE-(MaraviPost)-One of the...

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    Could that be negative for SVM?

    BLANTYRE-(MaraviPost)-One of the country’s mining experts, Grain Malunga, has faulted the newly launched Malawi Growth Development Strategy III (MGDS III) for sidelining the minerals sector in its key priority areas.
    In a paper titled ‘Malawi Growth Development Strategy and the Minerals Sector’, Malunga says the minerals sector is the driver for economic development in most African countries.
    Malunga told The Daily Times that South Africa, Zimbabwe, Zambia, Democratic Republic of Congo, Tanzania, Nigeria, Ghana and Angola are some of the countries that have benefited from the minerals sector.
    “It is, therefore, surprising that Malawi has downgraded mining, in Malawi Growth and Development Strategy III (MGDS), as a low key priority area. The country continues to dwell much on social development and not economic development.


    More:

    http://www.maravipost.com/mining-ex...gds-iii-for-sidelining-extractive-sector/amp/
 
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70.5¢
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