Maputo, Mozambique, 4 Oct – The Samora Machel bridge over the Zambezi River, in Mozambique’s Tete province, will be handed over to private management for 30 years and Portuguese-Mozambican consortium Estradas do Zambeze will be responsible for its operation and maintenance, said the consortium’s chairman, António Graça
Business and Economic News from Malawi
Monday, October 17, 2011
Beira port to double capacity by 2015 | The Zimbabwean
Beira port to double capacity by 2015 | The Zimbabwean: "Beira port to double capacity by 2015
The port of Beira, is expecting to double the cargo it handles within the next four years.
Last year, according to the daily newspaper “Noticias”, the port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011."
'via Blog this'
The port of Beira, is expecting to double the cargo it handles within the next four years.
Last year, according to the daily newspaper “Noticias”, the port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011."
'via Blog this'
Thursday, October 6, 2011
Economist says Malawi going the wrong way
Until recently, this impoverished southern African country of 16m people, stretched out along the shores of Lake Malawi, was a darling of international donors. Since President Bingu wa Mutharika (pictured above) came to power in 2004, the economy has flourished, with growth averaging more than 7% a year. Thanks to generous fertiliser subsidies, tobacco production, the economy’s mainstay, has soared and a food deficit has turned into a surplus. Child mortality has been halved, the HIV/AIDS pandemic (affecting 11% of the adult population) is under control and Malawi is one of just four countries in sub-Saharan Africa deemed likely to meet most of the UN’s Millennium Development Goals by 2015.
TO READ MORE CLICK HERE
TO READ MORE CLICK HERE
Wednesday, October 5, 2011
Mozambique government approves JSPL's 2,640 MW coal-fired power plant news
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| Naveen Jindal-led Jindal Steel & Power Ltd (JSPL) has received approval from the government of Mozambique to build a 2,640 megawatts coal-fired power plant in the country's coal-rich Tete province TO READ MORE CLICK HERE. | |
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