Liquidated Finance Bank set to resume operations in Malawi - BNL Times

Liquidated Finance Bank set to resume operations in Malawi - BNL Times: "Liquidated Finance Bank could resume operations in the country by May this year, officials from the bank told journalists in Zambia on Tuesday.

Finance Bank Zambia (FBZ) Limited Chairman Rajan Mahtani disclosed this in Lusaka, Zambia on Tuesday night during a cocktail party held to announce the bank’s financial statements for the year ended December 31, 2013"



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Gap between countries best and worst in trade logistics still large - SpyGhana.com

Gap between countries best and worst in trade logistics still large - SpyGhana.com: "The gap between countries that perform best and worst in trade logistics is still quite large, despite a slow convergence since 2007, according to a new World Bank Group Report.

This gap persists because of the complexity of logistics-related reforms and investment in developing countries, and despite the almost universal recognition that poor supply-chain efficiency is the main barrier to trade integration in the modern world."



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Gap between countries best and worst in trade logistics still large - SpyGhana.com

Gap between countries best and worst in trade logistics still large - SpyGhana.com: "The gap between countries that perform best and worst in trade logistics is still quite large, despite a slow convergence since 2007, according to a new World Bank Group Report.

This gap persists because of the complexity of logistics-related reforms and investment in developing countries, and despite the almost universal recognition that poor supply-chain efficiency is the main barrier to trade integration in the modern world."



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Gap between countries best and worst in trade logistics still large - SpyGhana.com

Gap between countries best and worst in trade logistics still large - SpyGhana.com: "The gap between countries that perform best and worst in trade logistics is still quite large, despite a slow convergence since 2007, according to a new World Bank Group Report.

This gap persists because of the complexity of logistics-related reforms and investment in developing countries, and despite the almost universal recognition that poor supply-chain efficiency is the main barrier to trade integration in the modern world."



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Malawi's niobium samples in Guangzhou for tests - BNL Times

Malawi's niobium samples in Guangzhou for tests - BNL Times: "The Chinese Customs Authority has cleared a 40-tonne consignment of sample niobium minerals from Malawi’s Kanyika Mine in Mzimba which has now arrived at the Research Institute for Non-Ferrous Metals in the city of Guangzhou for confirmatory tests.

Australian mining firm Globe Metal and Mining, currently exploring the viability of mining niobium at Kanyika, said in a statement on Tuesday that the release of the sample from customs was delayed due to Chinese New Year holidays and sample examinations."



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Modernisation of port of Nacala, Mozambique due to begin in April | Macauhub English

Modernisation of port of Nacala, Mozambique due to begin in April | Macauhub English: "Modernisation of port of Nacala, Mozambique due to begin in April
MARCH 7TH, 2014   NEWS
Work to modernise the port of Nacala, a US$300 million project funded by Japan, is due to begin in April the Mozambican Minister for Transport and Communications, Gabriel Muthisse said Thursday"



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Malawi pinning hopes of increased mining investor interest on airborne survey

Malawi pinning hopes of increased mining investor interest on airborne survey: "
By: Marcel Chimwala
7th March 2014
TEXT SIZE
The Malawi government says it is optimistic the results of a countrywide airborne geophysical survey currently under way will attract more foreign investors to the country’s largely underexploited mining sector.

Malawi contracted Canadian firm Sander Geophysics last year to conduct the survey.

The survey is being conducted as part of the Mining Governance and Growth Support Project, financed by a $25-million loan from the World Bank’s International Development Association and a €5-million grant from the European Union."



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Uranium outfit Paladin dupes Malawi govt: Disregards mining law

Uranium outfit Paladin dupes Malawi govt: Disregards mining law | www.malawitoday.com: "Uranium outfit Paladin dupes Malawi govt: Disregards mining law
8 March 2014 NATION

The Australian-registered Paladin Africa Limited has thrown to the dogs laws governing mining in Malawi to which they duly signed to respect, suspending mining operations at Kayelekela without notice, Weekend Nationhas established.

After retrenching 296 Malawians and 71 expatriates, management at Kayelekela this week told the remaining 40 percent of local staff that most of them will be retrenched come April."



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Global Energy Ltd lures Sri Lankan firm - BNL Times

Global Energy Ltd lures Sri Lankan firm - BNL Times: "Asr i L a n k a n c a b l e manufacturing firm, ACL Cables, has partnered with a local company, Global Energy Limited with the intent of making Malawi a hub of cable manufacturing in Southern Africa.

Heads of the two firms told reporters in Lilongwe last week that the adoption of Aerial Bundled (AB) cables for the overhead lower voltage distribution in the country will give way for more investments in the partnership."



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Intra Energy Corporation books higher coal sales in East Africa - Proactiveinvestors (AU)

Intra Energy Corporation books higher coal sales in East Africa - Proactiveinvestors (AU): "Intra Energy Corporation (ASX:IEC) has leveraged higher demand for thermal coal in East Africa by selling 22,176 tonnes of coal in February 2014 from its mines in Tanzania and Malawi.

It is the second consecutive month that Intra has achieved record sales, exceeding January's previous sales volume record of 19,308 tonnes by 14.8% which should see its shares tick higher."



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allAfrica.com: Tanzania: A Railway Line in the South - 40 Years After Tazara (Page 1 of 6)

allAfrica.com: Tanzania: A Railway Line in the South - 40 Years After Tazara (Page 1 of 6): "Southern Tanzania's coal and gas-rich region which is part of the Mtwara Development Corridor is to see the construction of a new railway line from Mtwara to Mbamba-Bay. There are huge hopes that this new Chinese built railway - 40 years after TAZARA, will foster economic development in the region

For Emmanuel Kipande (82), a resident of Liuli village, Nyasa district in Ruvuma region, who has never travelled by a train in his entire life, the construction of a railway line linking Mtwara Port and the multi-billion shillings Mchuchuma-Liganga projects in Southern Tanzania could be news to him."



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If You Missed It, Uranium Is Back

If You Missed It, Uranium Is Back: "We got one of the biggest rallies in years for uranium stocks yesterday.

Producers like Cameco jumped over 8% on the day. Spurred by news that Japan is officially sticking with nuclear as part of its energy mix."



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The FINANCIAL - Japan Nuclear Restart May Revive Uranium at LNG's Expense

The FINANCIAL - Japan Nuclear Restart May Revive Uranium at LNG's Expense: "apan Nuclear Restart May Revive Uranium at LNG's Expense
27/02/2014 14:32 (3 Day 10:37 minutes ago)
The FINANCIAL -- Fitch Ratings-London - Japan's apparent plan to restart nuclear power generation could help uranium prices return to a profitable level for producers, while making it harder for new LNG projects to attract the long-term customers they need to get started, Fitch Ratings says."



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BETWEEN LILONGWE AND LUSAKA Malawi cancels Kenya Airways’ 5th freedom rights -

BETWEEN LILONGWE AND LUSAKA Malawi cancels Kenya Airways’ 5th freedom rights -: "Kenya Airways’ long-standing service to the Malawian traveling public, offering a 5th freedom connection between Malawi and Zambia, was clearly worth little for the bureaucrats in Lilongwe, when they abruptly canceled these 5th freedom rights to give upstart Malawian Airlines the monopoly on the route, with instant suggestions this was done at the behest of Ethiopian Airlines. Ethiopian, which went into partnership with the Malawian government to re-launch a national airline after mismanaged Air Malawi had collapsed, at the time prompting desperate calls for assistance to Kenya Airways to offer a daily service to Lusaka, is thought to be the main driver behind that decision in their fight for supremacy in the African skies, in this case clearly a dirty fight as it now allows to charge fares at will to the detriment of passengers"



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