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Monday, September 16, 2013

FDI creates 55,000 jobs in Malawi…but with meagre salaries | BNL Times

FDI creates 55,000 jobs in Malawi…but with meagre salaries | BNL Times: "FDI creates 55,000 jobs in Malawi…but with meagre salaries

SEPTEMBER 16, 2013   RICHARD CHIROMBO   NO COMMENTS
Foreign direct investment (FDI) helped Malawi create over 55, 000 jobs between 2009 and 2011 in various sectors of the economy, the Malawi Foreign Private Capital and Investors’ Survey report for 2011 shows.

However, the report has bemoaned a huge disparity between remunerations of local and expatriate employees in foreign investment companies."

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Tuesday, September 10, 2013

Malawi subsidy to benefit 1.5 million agric families - Africa - News - StarAfrica.com

Malawi subsidy to benefit 1.5 million agric families - Africa - News - StarAfrica.com: "Malawi subsidy to benefit 1.5 million agric families
Posted by: Apa Posted date : September 9, 2013 at 10:18 pm 20 views In: Africa

Copyright : APA
The 2013 Malawi Farm Input Subsidy Program (FISP) would benefit almost 1.5 million underprivileged families across the country.
The principal secretary at the ministry of agriculture Jeffrey Luhanga told jornalists in the capital Lilongwe on Monday that the exercise starts on 10 September 2013."

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Mozambique orders 30 ships from France - Africa - News - StarAfrica.com

Mozambique orders 30 ships from France - Africa - News - StarAfrica.com: "Mozambique orders 30 ships from France
Posted by: Apa Posted date : September 10, 2013 at 8:31 am 2 views In: Africa

Copyright : APA
The Mozambican government has ordered the building of 30 ships by Constructions Mécaniques de Normandie of Cherbourg in France in a deal worth €300 million, the local media reported on Tuesday.Quoting a Lebanese businessman Iskandar Safa, who owns the shipyard, reports said the order includes building 24 trawls, three 32-metre patrol ships and another three 42-metre ships."

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Friday, September 6, 2013

Intra Energy Corporation ups the ante in Malawi with "Registered Investor" status - Proactiveinvestors (AU)

Intra Energy Corporation ups the ante in Malawi with "Registered Investor" status - Proactiveinvestors (AU): "Intra Energy Corporation ups the ante in Malawi with "Registered Investor" status
Friday, September 06, 2013 by Proactive Investors


Intra Energy is currently behind not less than three power station developments – Ngaka in Tanzania, Pamodzi in Malawi and Mbeya in west Tanzania.
Intra Energy Corporation (ASX:IEC), which is the only producing thermal coal miner in Eastern Africa with mines in Tanzania and Malawi to our knowledge, has been granted "Registered Investor" status in the Malawi energy sector"

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The Maravi Post - Open letter: TNM Shareholders Concerns | Malawi News

The Maravi Post - Open letter: TNM Shareholders Concerns | Malawi News:

Wednesday, September 4, 2013

Paladin Energy production increases by 20%

Paladin Energy production increases by 20%: "Paladin Energy production increases by 20%
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By: Leandi Kolver
29th August 2013
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JOHANNESBURG (miningweekly.com) – Uranium miner Paladin Energy on Thursday reported a 20% increase in production to 8.255-million pounds for the year ended June, while the company’s total sales volume increased 23% year-on-year to 8.253-million pounds."

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