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Friday, September 28, 2012

The Government of Malawi & TNI BioTech, Inc. Sign Agreement to Open an Oncology & Infectious Disease Clinic at Queen Elizabeth Central Hospital

The Government of Malawi & TNI BioTech, Inc. Sign Agreement to Open an Oncology & Infectious Disease Clinic at Queen Elizabeth Central Hospital:

"The Government of Malawi & TNI
The Government of Malawi & TNI BioTech, Inc. Sign Agreement to Open an Oncology & Infectious Disease Clinic at Queen Elizabeth Central Hospital
http://media.marketwire.com/attachments/201209/TN-51550_image.jpgPresident Banda & Dr. Gloria Herndon, President of GBOIG, sign agreement for cancer & infectious disease center.http://at.marketwire.com/accesstracking/AccessTrackingLogServlet?PrId=935199&ProfileId=051205&sourceType=1
NEW YORK, NY -- (Marketwire) -- 09/26/12 -- Her Excellency, Mrs. Joyce Banda, the President of the Republic of Malawi, announced today that an agreement has been reached to open an outpatient's clinic at Queen Elizabeth Central Hospital for the treatment of cancer and infectious diseases with US-based biotech firms TNI BioTech, Inc. (TNIB) (PINKSHEETS: TNIB) and GB Oncology & Imaging Group LLC (GBOIG)."

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Malawi seeks feasibility study of 175-MW Fufu - HydroWorld

Malawi seeks feasibility study of 175-MW Fufu - HydroWorld: "Malawi seeks feasibility study of 175-MW

Malawi's energy ministry invites expressions of interest from consultants to perform a feasibility study of the 100- to 175-MW Fufu hydroelectric project on the South Rukuru River. Responses are due October 16.
The government received a grant and credit from the World Bank's International Development Association to finance the Energy Sector Support Project. A portion of the funding is to be used for the hydro project study."

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Tuesday, September 25, 2012

Malawi to construct 1,000 new houses with Chinese investor– Phoya | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi

Malawi to construct 1,000 new houses with Chinese investor– Phoya | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi: "Malawi to construct 1,000 new houses with Chinese investor– Phoya
By Nyasa Times/ Malawi News Agency

September 25, 2012   ·   5 Comments
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Minister of Lands and Housing Henry Phoya has disclosed that Malawi Housing Corporation (MHC) will construct more than 1,000 housing units as one way of ensuring easy access and affordable houses in urban areas."

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No prosecution of money launders

No prosecution of money launders: "No prosecution of money launders
TUESDAY, 25 SEPTEMBER 2012 11:23 KINGSLEY JASSI

JOOMA-RESULTS OF THE EXERCISE WILL INFORM GOVERNMENT
Five years after the enactment of an anti-money laundering legislation in Malawi, the country is yet to prosecute even a single person on anti-money laundering charges, the Financial Intelligence Unit (FIU) has disclosed.

Meanwhile, the FIU has convened a workshop in Mangochi where stakeholders are undertaking money laundering risk assessment exercise that would establish the country's weak areas amid efforts to combat the vice"

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Mkango Resources: Songwe's maiden rare earth resource due 'in next few weeks' - Proactiveinvestors (AU)

Mkango Resources: Songwe's maiden rare earth resource due 'in next few weeks' - Proactiveinvestors (AU): "Mkango Resources: Songwe's maiden rare earth resource due 'in next few weeks'
Wednesday, September 05, 2012 by Jamie Ashcroft
Mkango Resources (CVE:MKA) has told investors to expect a maiden resource estimate for the Songwe Hill project in ‘the next few weeks’.
Today it said that the second phase of drilling is now complete at the rare earth exploration project in Malawi.
The highlight results revealed this morning had intersections with mineralised lengths between 13.2 and 165.8 metres, with grades ranging from 1.1 to 3 per cent total rare earth oxides."

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News Item : Paladin well placed to meet supply shortage

News Item : Paladin well placed to meet supply shortage: "Paladin well placed to meet supply shortage September 07, 2012 11:45 AM


Transcription of Finance News Network Interview with Paladin Energy Limited (ASX:PDN) CEO, John Borshoff"

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Monday, September 24, 2012

Southern Times-Malawi Moza energy deal stalls

Southern Times-Malawi Moza energy deal stalls: "Malawi, Moza energy deal stalls


Maputo – The World Bank says a Malawi-Mozambique power interconnection project is in limbo despite government officials from both countries stating otherwise.

The World Bank had earlier committed to extend a US$93 million credit facility for the interconnector"

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Thursday, September 13, 2012

600 Thousand People Targeted in Public Works Programme

600 Thousand People Targeted in Public Works Programme: "600 Thousand People Targeted in Public Works Programme



Close to 600 thousand people are to benefit from this year’s Public Works Programme, a government initiative which aims at financing poor families to meet their needs in lean months."

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Malawian power imports from Mozambique expected to take several years to become a reality | Macauhub English

Malawian power imports from Mozambique expected to take several years to become a reality | Macauhub English: "Malawian power imports from Mozambique expected to take several years to become a reality
SEPTEMBER 10TH, 2012   NEWS
The power line between Mozambique and Malawi starting at the Cahora Bassa Hydroelectric dam (HCB) in Tete province, is expected to take a few years to become a reality, Mozambique’s Energy Minister, Salvador Namburete said last week in Maputo."

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Saturday, September 1, 2012

Business

Business: "Nkula B repairs: 3 months of prolonged power outages
30 AUGUST 2012 CAROLINE KANDIERO

NKULA POWER STATION UNDER MAINTENCE
Malawians should brace themselves for frequent and prolonged power interruptions as the Electricity Supply Corporation of Malawi (Escom) implements an intensive load-shedding programme over the next three months."

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Paladin books $US173m loss in FY2012 | WA Business News

Paladin books $US173m loss in FY2012 | WA Business News: "Paladin books $US173m loss in FY2012
Dan Wilkie30-Aug-2012
Category: ResourcesUranium
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Paladin Energy boss John Borshoff.
Uranium miner Paladin Energy says it is looking forward to a year free of construction and commissioning activities after lodging a net loss of $US172.8 million for the 12 months to June 30.

Paladin said the loss, which was up from $82.3 million in FY2011, was mainly due to a $US133 million write-down in the value of the company’s Kayelekera mine in the September quarter, 2011."

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Paladin can control costs - The West Australian

Paladin can control costs - The West Australian: "Paladin can control costs
Nick Sas, The West Australian
August 31, 2012, 7:20 am
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Paladin's Langer Heinrich project in Namibia.
Perth-based uranium miner Paladin Energy believes it can control costs this financial year, after doubling its full-year loss to $US172 million ($166.5 million) to June 30.

In a statement to the ASX, managing director John Borshoff said in the coming year Paladin would finally operate without "distracting construction and commissioning activities"."

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Paladin CEO Rick Crabb bullish on uranium prospects | The Australian

Paladin CEO Rick Crabb bullish on uranium prospects | The Australian: "Paladin CEO Rick Crabb bullish on uranium prospects
BY: MATT CHAMBERS August 31, 2012 11:19AM
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URANIUM miner Paladin Energy doubled its full-year loss because of writedowns on the back of sliding uranium prices after Japan's Fukushima nuclear disaster.

The Perth-based, Africa-focussed uranium miner today reported a full-year net loss of $US172 million ($US167.2m), compared to an $US82m loss in 2010-11."

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Paladin’s Kayelekera uranium mine delivers record production | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi

Paladin’s Kayelekera uranium mine delivers record production | Malawi news, Malawi - NyasaTimes breaking online news source from Malawi: "Paladin’s Kayelekera uranium mine delivers record production
By Lucky Mkandawire, Nyasa Times

August 30, 2012   ·   2 Comments
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With a few more months to go before the year winds up, Paladin Energy Limited says the year has been a milestone for its Kayelekera Uranium Mine in Karonga in terms of production."

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Tete-Nacala railroad is best solution for transporting coal in Mozambique, director of Vale Moçambique says | Macauhub English

Tete-Nacala railroad is best solution for transporting coal in Mozambique, director of Vale Moçambique says | Macauhub English: "Tete-Nacala railroad is best solution for transporting coal in Mozambique, director of Vale Moçambique says
AUGUST 31ST, 2012   NEWS
The Tete-Nacala railroad, passing through Malawi, is the most appropriate solution to carry coal mined in Moatize, said the managing director of Vale Moçambique, a subsidiary of Brazilian mining giant vale, Ricardo Saad in Maputo Thursday"

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