By Chisomo Phiri
Malawi’s only Gemological Institute of America (GIA )-trained and accredited graduate gemologist,Yamikani Jimusole, has accused the former administration of ignoring experts advice that could have transformed the country’s gemstone industry into a major contributor to national revenue.
In an interview with 247 Malawi News,Jimusole, who has spent more than a decade conducting gemstone research, exploration, and ASM mining across the country, said several discoveries he made in recent years remain underutilized due to what he described as ‘institutional inertia and lack of seriousness’ from key officials in the Ministry of Mining and the Mining and Minerals Regulatory Authority (MMRA).
“I discovered exceptional gemstones about four years ago, but the ministry has shown little interest in supporting proper valuation, certification, or beneficiation.
“This neglect continues to cost the country millions of dollars in lost potential revenue,” he said.
Jimusole, who is the Founder and Chief Executive Officer (CEO) of Yami Gemstone Lab and Exports (YAGLE) and one of the few accredited gemologists in the country and Africa, said the absence of accredited gemologists and certified appraisers within government structures has created a credibility gap in gemstone valuation and trade.
He further criticized the outgoing Attorney General(AG), Thabo Chakaka Nyirenda, and the U.S.-based lawyer representing the Malawi Government, Marc Anthony Bonanno, for their handling of the controversial US$309.6 billion claim involving a foreign mining company.
The gemologist argued that the exaggerated figures and the lack of expert consultation have tarnished Malawi’s credibility and the reputation of local gemologists.
He also faulted the Export Development Fund (EDF) for what he described as ‘a selective and limited approach’ to supporting the sector.
Jimusole said that since EDF began buying a few gemstones in 2023, it has purchased less than 200,000 carats of rubies, sapphires, tourmaline, aquamarine, and rhodolite garnets despite Malawi having over 25 different gemstone types.
“EDF’s intervention was a good start, but it has not been enough to stimulate growth or create real structure.
“Without proper certification and appraisal systems, what we call a structured market is, in reality, still informal and this is indirectly encouraging illegal mining and smuggling,” he said.
Despite his criticism, Jimusole applauded the former Vice President, Dr. Michael Usi, for directing the suspension of gemstone exports earlier this year, citing undervaluation and weak valuation systems within the sector.
“That directive was a bold move and long overdue.It reflected exactly what we have been advocating for a reset in how Malawi handles its gemstone resources,” said Jimusole.
However,the gemologist expressed concern that seven months after the ban, there has been little clarity on progress.
“We are not really sure what is being done.We believe they are either training experts or collaborating with international partners.However, the absence of accredited experts continues to make a proper valuation system difficult to implement. Through collaboration and understanding, though, we can still develop fair pricing mechanisms that protect miners and ensure transparency,” he said.
Jimusole revealed that YAGLE recently submitted key documents to the Office of the Deputy Secretary to the President and Cabinet, Dr. Janet Banda, who has since confirmed receipt.
He said the documents are now awaiting review and decision from the new Deputy Chief Secretary,Stuart Ligomeka.
“We are encouraged by the government’s openness to dialogue and hopeful that this time, expertise will be taken seriously,” said Jimusole.
He expressed hope that the new government will prioritize reforms to restore integrity in gemstone valuation, certification, and marketing.
Jimusole said credible systems would not only ensure fair value for Malawi’s resources but also attract investors, improve foreign exchange earnings, and strengthen tax collection.
“With proper policies and professional oversight, gemstones alone could help Malawi ease its foreign exchange shortages and create thousands of jobs.We just need leadership that listens to expertise,” he said.
The gemologist since appealed to the Ministry of Mining and the MMRA to embrace the spirit of collaboration and innovation.
He said his company is ready to begin exporting certified and ethically mined gemstones, which would help ease the country’s foreign exchange shortages.
“All we need is a level playing field.We are not short of minerals or talent. We are short of coordination and willpower.If we work together, this sector can redefine Malawi’s economic future,” he concluded.
