Malawi Central Bank Sees Room to Cut Rates, Won’t Weaken Kwacha

March 30 (Bloomberg) -- Last year’s foreign currency shortages in Malawi have eased, lifting pressure on the central bank to weaken the kwacha any further and enabling it to cut interest rates, Governor Perks Ligoya said.
TO READ MORE CLICK HERE

Global consumption of uranium to quadruple over next 30 years

A leading academic predicts that global 
 demand for mined uranium will rise 
 at least fourfold over the next 30 years, driven by rising electricity demand and scaling back on fossil fuel dependence.RO READ MORE CLICK

Malawi official elected head of global mining, metals and sustainable development body

The director of Malawi’s Geo-logical Survey Department (GSD), Leonard Kalindekafe, is the new chairperson of the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development, a global forum aimed at enhancing the contribution of the mining sector to sustainable development and poverty reductionTO READ MORE CLICK HERE

EU pumps 8.7m euros into Malawi to boost rural Agriculture, Forestry

News - Africa news .The European Union (EU) Wednesday released 8.75 million euros to help the rural poor in Malawi to further improve their food security situation, the EU delegation in Malawi has said.


TO READ MORE CLICK HERE

'Malawi needs to tackle energy, water woes to bolster manufacturing sector'

The Malawi confederation of Chamber of Commerce and Industry (MCCCI) has said that Malawi needs to invest heavily in industrialisation if it is to shift into an export-driven economy than a highly importing and consuming one.


TO READ MORECLICK HERE

Red Rock associate in Malawi JV

 Business Financial Newswire - Mining exploration and mineral investment company Red Rock Resources has announced a joint venture agreement between its ASX-quoted associate company Resource Star and Globe Metals & Mining.

TO READ MORE CLICK HERE

Malawi sees another white maize surplus this year

March 17, 2010, 4:30 pm


LILONGWE (Reuters) - Malawi expects another surplus white maize crop this year of 3 million tonnes, but this will be smaller than last year's harvest due to bad weather and pests, the Ministry of Agriculture said on Wednesday. A seed and fertilizer subsidy programme supported by the British government has turned the southern African nation into a regional breadbasket in the last five years. The estimated 3 million-tonne harvest forecast for this year beats the country's domestic need of 2.4 million tonnes.
TO READ MORE CLICK HERE

Malawi Tobacco Prices Climb 20% Above Government-Mandated Level

March 17 (Bloomberg) -- Tobacco prices in Malawi, Africa’s biggest producer of the burley variety of the crop, fetched an average of 20 percent more than government set prices at the first auction of the season, the industry regulator said.

TO READ MORE CLICK HERE

Malawi February inflation quickens to 8.2 pct y/y

Malawi's headline consumer inflation quickened to 8.2 percent year-on-year in February from 7.8 percent in January, due to an increase in food and petrol prices, the National Statistical Office said on Wednesday.



TOREAD MORE CLICK HERE