Portos do Norte takes over from Corredor de Desenvolvimento do Norte to manage port of Nacala in Mozambique | Macauhub English

Portos do Norte takes over from Corredor de Desenvolvimento do Norte to manage port of Nacala in Mozambique | Macauhub English: "Portos do Norte takes over from Corredor de Desenvolvimento do Norte to manage port of Nacala in Mozambique
FEBRUARY 1ST, 2013   NEWS
The Corredor de Desenvolvimento do Norte (CDN – Northern Development Corridor) will no longer manage the port of Nacala, in Mozambique’s Nampula province, and will be replaced by recently created company Portos do Norte, according to Mozambican newspaper O País."

'via Blog this'

Ethiopian Airlines moves into Malawi

Southern Times-Ethiopian Airlines moves into Malawi: "Ethiopian Airlines moves into Malawi


Lilongwe - The Malawi government’s Private Public Partnership (PPP) Commission has named Ethiopian Airlines as its preferred partner to resuscitate Air Malawi 2012 Limited.

Jimmy Lipunga, the CEO of the PPP Commission, said Ethiopian Airlines had scored better than five other interested parties."

'via Blog this'

Malawi: Paying the Price of Devaluation | Think Africa Press

Malawi: Paying the Price of Devaluation | Think Africa Press: "Malawi: Paying the Price of Devaluation

Malawi is facing unrest amidst rising prices and falling living standards. Is the hope that was once invested in President Banda running out?"

'via Blog this'

www.miningreview.com | Railroad from Tete to Nacala in Mozambique ready in second half of 2014

www.miningreview.com | Railroad from Tete to Nacala in Mozambique ready in second half of 2014: "Railroad from Tete to Nacala in Mozambique ready in second half of 2014


Maputo, Mozambique --- 12 February 2013 - Vale Mozambique ‒ a subsidiary of Brazilian mining giant Vale SA ‒ has signed a cooperation agreement with Mozambican state rail and port company Portos e Caminhos de Ferro de Moçambique (CFM) to build what is termed the “Nacala logistics corridor."

'via Blog this'

Cotton Crop Promising In Malawi

Cotton Crop Promising In Malawi: "Cotton growers in Malawi are expecting high yields this year, cotton experts, who are projecting the high yield due to the increase in number of farmers, have told a radio in the country.

Chairperson of the Cotton Development Trust Patrick Khembo revealed that this year nearly half a million farmers are producing the cash crop, which on a higher sie than last year.

The chairperson told ZBS that the prevailing good rains which seem to be befitting for cotton growing will also necessitate the high yield.
"

'via Blog this'

Mozambique awards two coal rail contracts | International Railway Journal

MOZAMBIQUE Ports and Railway (CFM) has signed an agreement with Vale to upgrade the Nacala corridor, and a track access agreement with Beacon Hill Resources to operate coal trains along the Sena line between Moatize mine in Tete province and the port of Beira."
Mozambique awards two coal rail contracts | International Railway Journal: "
'via Blog this'

Malawi trade deficit at K34bn

Nation Online - Malawi trade deficit at K34bn: "Malawi trade deficit at K34bn

CATEGORY: BUSINESS REVIEW PUBLISHED DATE WRITTEN BY CHIKONDI CHIYEMBEKEZA

Trade Balance
Malawi’s trade deficit widened further in September 2012 to K34 billion (about $100m) from K26.8 billion (about $78.8m) the previous month, an indication that the country is importing more than it is exporting.

The National Statistical Office (NSO) January statistical bulletin indicates that the trade deficit worsened in the previous 12 months from K20 billion (about $58.8m) in September 2011 to K26.8 billion in August 2012 and widened further to K34 billion in September 2012."

'via Blog this'

malawi

malawi: "Legal wrangling halts Malawi rare earths exploration project
PRINT EMAIL   |

By: Marcel Chimwala
1st February 2013
TEXT SIZE
Resources firm Springstone, a joint venture between Canada’s Gold Canyon Resources and Japan Oil, Gas & Metals National Corporation (Jogmec), has suspended its rare earths exploration project in the Mulanje Mountain area, in southern Malawi, as a result of legal wrangling with the surrounding community."

'via Blog this'