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Thursday, May 9, 2019

Malawi to earn K110bn from graphite mine - The Nation Online

Malawi to earn K110bn from graphite mine - The Nation Online: Treasury is set to earn $150 million (about K110 billion) tax revenue once mining at Sovereign Metals Limited-owned Malingunde Graphite Mine in Lilongwe starts, a report has indicated.

The draft Environmental Social Impact Assessment (Esia) Report shows that the project will generate revenue in the form of taxes and royalties.

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