{"id":658319,"date":"2026-10-27T06:32:35","date_gmt":"2026-10-27T06:32:35","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/658319\/"},"modified":"2026-10-27T06:32:35","modified_gmt":"2026-10-27T06:32:35","slug":"malawis-mineral-wealth-will-be-settled-at-the-negotiating-table","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/658319\/","title":{"rendered":"Malawi\u2019s mineral wealth will be settled at the negotiating table"},"content":{"rendered":"<p>Power<br \/>\n<a href=\"https:\/\/www.cnbcafrica.com\/media\/6372906630112\" rel=\"nofollow noopener\" target=\"_blank\">Mpatamanga hydropower<\/a>, 358MW<br \/>\n$350m IDA grant approved May 2025. Financial close not yet reached; Egenco expects main contractors to be named by end-2026.<br \/>\nA third of output is allocated to mining<\/p>\n<p>Power<br \/>\nMozambique to Malawi 400kV interconnector<br \/>\nEnergised on 8 August 2026 after repeated delays; 5MW imported to test metering. Commercial imports await a tariff agreement.<br \/>\nFirst link to the Southern African Power Pool; 50MW of initial imports<\/p>\n<p>Transport<br \/>\nLimbe to Salima rail rehabilitation<br \/>\nIncomplete<br \/>\nWithout it, central and northern mines have no rail route to Nacala<\/p>\n<p>Currency<br \/>\nExport proceeds surrender rule<br \/>\n25 per cent of export earnings, cut from 30 per cent in 2025<br \/>\nCited by the Bank as a severe deterrent to investment<\/p>\n<p>Regulation<br \/>\nRaw mineral export ban<br \/>\nIn force since October 2025; locally processed material exempt<br \/>\nDefines what each project must do in Malawi before export<\/p>\n<p>Regulation<br \/>\nBeneficiation and Value Addition Regulations<br \/>\nDraft; consultation closed 10 October 2026<br \/>\nWill set the processing thresholds<\/p>\n<p>Regulation<br \/>\nNew mining licences<br \/>\nIssue suspended on 13 February 2026 pending an audit of the registry; still in force<br \/>\nHolds back new licences, including Kasiya\u2019s<\/p>\n<p>Fiscal<br \/>\nModel development agreement and statutory cap on state equity<br \/>\nRecommended by the Bank as one-year priorities<br \/>\nDetermines terms for Kasiya and later projects<\/p>\n<p>Fiscal<br \/>\nResource rent tax<br \/>\nSuspended in every development agreement signed to date<br \/>\nLeaves no mechanism to share windfall profits<\/p>\n<p>Partnership<br \/>\nWorld Bank Group minerals compact<br \/>\nMalawi named among first eight countries, 16 October 2026<br \/>\nPriorities: governance, power, transport, skills, local suppliers<\/p>\n","protected":false},"excerpt":{"rendered":"Power Mpatamanga hydropower, 358MW $350m IDA grant approved May 2025. Financial close not yet reached; Egenco expects main&hellip;\n","protected":false},"author":2,"featured_media":658320,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46,545],"class_list":["post-658319","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel","tag-opinion"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658319","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=658319"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/658319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/658320"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=658319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=658319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=658319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}