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Wednesday, August 27, 2014

Mkango Resources CEO WIlliam Dawes Rare Earth Project Malawi (TSX-V:MKA) | Rare Earth Investing News

Mkango Resources CEO WIlliam Dawes Rare Earth Project Malawi (TSX-V:MKA) | Rare Earth Investing News: "Mkango Resources CEO WIlliam Dawes Rare Earth Project Malawi (TSX-V:MKA)
Tuesday June 10, 2014, 8:11am PDT
Mkango Resources (TSXV:MKA) CEO WIlliam Dawes spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the Songwe Hill Rare Earth Element Project in Malawi."



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Tuesday, August 26, 2014

The Maravi Post - malawi-govt-ban-export-of-maize-opinion maravipost.com

The Maravi Post - malawi-govt-ban-export-of-maize-opinion maravipost.com: "The Ministry of Industry and Trade wishes to remind all businesses, exporters and the general public that the export of maize and maize products was banned "



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Sunday, August 24, 2014

Multimillion Kwacha IT traffic project questioned | BiztechAfrica Mobile,Technology & IT News Africa

Multimillion Kwacha IT traffic project questioned | BiztechAfrica Mobile,Technology & IT News Africa: "Players in the transport system have questioned the Malawi government’s decision to settle for MOVESA and Fischer Consortium as the eligible bidder to upgrade of the Malawi Traffic Information System (Maltis)."



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allAfrica.com: Malawi: MP Refuses to Sign Agreement With Mota Engil Contractor

allAfrica.com: Malawi: MP Refuses to Sign Agreement With Mota Engil Contractor: "Machinga — Independent Member of Parliament for Machinga East, Esther Jolobala refused to sign a Memorandum Of Understanding (MOU) on repairing of Mtalala -Nayuchi road with Mota Engil currently working on Liwonde Nauchi railway line."



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Britannia Fast Tracks Route to Revenues - Yahoo Finance

Britannia Fast Tracks Route to Revenues - Yahoo Finance: "NEW YORK, NY--(Marketwired - Aug 13, 2014) - Britannia Mining, Inc. (OTC Pink: BMIN) (PINKSHEETS: BMIN) ("Britannia" or the "Company"), a UK based mining development Company, announced today, that Britannia has successfully fast tracked revenues for 2014 -- advancing from exploration operations in Malawi to trading immediate ready mined iron ore stock piles secured by bona fide distribution agreements in Malaysia"



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allAfrica.com: Malawi: Salima Sugar Processing Plant Taking Shape

allAfrica.com: Malawi: Salima Sugar Processing Plant Taking Shape: "By Memory Kutengule
Blantyre — Government says the sugar processing factory currently being constructed in Salima is progressing well as evidenced by 50 percent of the work almost done.

Ministry of Finance Public Relations Officer, Nations Msowoya disclosed this in an interview with the Malawi News Agency (Mana) on Friday."



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Saturday, August 23, 2014

Paladin Energy Ltd: Year End June 2014 Conference Call and Investor Update-August 29, 2014 - Yahoo Finance UK

Paladin Energy Ltd: Year End June 2014 Conference Call and Investor Update-August 29, 2014 - Yahoo Finance UK: "PERTH, WESTERN AUSTRALIA--(Marketwired - Aug 22, 2014) - Paladin Energy Ltd (PDN.TO)(PDN.AX) ("Paladin" or the "Company") announces that the Company will hold a telephone conference in conjunction with an Online Slide Show at 06:30 Perth and 06:30 Hong Kong on 29 August 2014 and 18:30 Toronto and 23:30 London on 28 August 2014, to give an update on the Company's activities."



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Wednesday, August 20, 2014

Global Metals awaits mining license

Global Metals awaits mining license: "The management of Australian listed Global Metals and Mining Limited is still waiting for finalization of negotiations with energy authorities to start niobium and graphite mining projects.
The company has been exploring minerals across the country with high positive results at Kanyika in Mzimba and Chiziro in the central region.

By June this year, the company had shipped off 40 tones of bulk sample to China for tests at the Guangzhou research institute of Non-Ferrous metal.

Information sourced by Capital FM shows that the company awaits the completion of tests and circuit optimization in the third quarter of the year.

The company is expected to run four projects in the country with focus on metals and rare earth."



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Demand for tea low - BNL Times

Demand for tea low - BNL Times: "Tea sales at the Limbe auction and the major auction hub in Mombasa, Kenya last week experienced decreasing demand – with some stocks finishing the week without being sold, according to the Africa Tea Brokers Limited weekly report"



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Malawi Hopes For IMF Deal - Bloomberg TV Africa

Malawi Hopes For IMF Deal - Bloomberg TV Africa: "August 18 – Malawi is hoping to reach an agreement with the International Monetary Fund by November as it struggles to pay its bills after donors cut aid. Benefactors have in the past financed 40 percent of the country’s budget."



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Tuesday, August 19, 2014

Malawi Economy 2014: Recent Developments and Prospects | Afribiz.info

Malawi Economy 2014: Recent Developments and Prospects | Afribiz.info: "Malawi is emerging from two consecutive years of a slowdown in growth caused by exogenous shocks, exacerbated by slippage in macroeconomic policies and suspension of donor budget support because of governance concerns. Real GDP growth rebounded to 5% in 2013, from 1.8% in 2012. The strong growth in 2013 was underpinned by the recovery of growth in agriculture, manufacturing, construction, and wholesale and retail trade."



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Unemployment rate at 20% - BNL Times

Unemployment rate at 20% - BNL Times: "Latest statistics from National Statistical Office (NSO) show that unemployment rate in the country is now at 20 percent its first labour force survey report titled, “The 2013 Malawi Labour Force Survey” NSO puts the total employment rate, which includes formal and informal workers, at 80 percent."



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Reserve Bank of Malawi firms policy rate management - BNL Times

Reserve Bank of Malawi firms policy rate management - BNL Times: "The Reserve Bank of Malawi (RBM) has issued a public notice that it shall no longer borrow money from the market at above the 22.5 percent monetary policy rate.

A money market analyst has since described the RBM move as a message to the market on the need to respect the policy rate as well as a signal that interest rates are too high and need to be managed downwards."



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Sunday, August 17, 2014

MWFinancial Mirror (malawifp) on Twitter

MWFinancial Mirror (malawifp) on Twitter:



'Malawi  will learn from veteran mining countries

MWFinancial Mirror (malawifp) on Twitter

MWFinancial Mirror (malawifp) on Twitter:



'Malawi  will learn from veteran mining countries

Uranium Price Finally Makes an Upward Move | Uranium Investing News

Uranium Price Finally Makes an Upward Move | Uranium Investing News: "
It’s news that’s almost worth writing home about! Uranium investors will be pleased to note that the uranium spot price showed some signs of life this week. U3O8 prices have managed to claw their way up to $30 for the first time since late spring"



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Uranium Price Finally Makes an Upward Move | Uranium Investing News

Uranium Price Finally Makes an Upward Move | Uranium Investing News: "
It’s news that’s almost worth writing home about! Uranium investors will be pleased to note that the uranium spot price showed some signs of life this week. U3O8 prices have managed to claw their way up to $30 for the first time since late spring"



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Thursday, August 14, 2014

World Bank Grants Malawi $80 m for Development

World Bank Grants Malawi $80 m for Development: "The World Bank and the Malawi government have sealed a deal for an $ 80 million grant to be spent on a string of development projects in the country.

Malawi finance minister Goodal Gondwe and World Bank resident representative Laura Kullenberg signed the pact on behalf of the two sides Wednesday in the Malawi capital, Lilongwe"



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Wednesday, August 13, 2014

US investors head to Malawi - BNL Times

US investors head to Malawi - BNL Times: "US investors head to Malawi

AUGUST 13, 2014   THOM KHANJE   NO COMMENTS

The Washington DC-based Millennium Challenge Corporation (MCC) has mobilized a group of prospective energy sector investors in the United States of America to come and explore opportunities in Malawi.

Minister of Energy Atupele Muluzi disclosed this in an interview in Washington DC – last week, after meeting MCC Vice President, Kamran Khan, on the sidelines of the US-Africa Leaders Summit"



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Tuesday, August 12, 2014

Malawi Financial inclusion rises to 54 percent - BNL Times

Malawi Financial inclusion rises to 54 percent - BNL Times: "Malawi Financial inclusion rises to 54 percent

AUGUST 12, 2014   KINGSLEY JASSI   NO COMMENTS

The country’s financial inclusion has increased from 45 percent to 54 percent in the past five years, buoyed by the government policy to allow civil servants access salaries through banks, the latest FinMark Trust’s Finscope survey report has shown."



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Malawi Employers owe Teveta K3billion - BNL Times

Malawi Employers owe Teveta K3billion - BNL Times: "Malawi Employers owe Teveta K3billion

AUGUST 12, 2014   KINGSLEY JASSI   NO COMMENTS

The Technical Entrepreneurial and Vocation Education and Training Authority (Teveta) is grappling with financial woes that have crippled its function of supplying the economy with skilled labour force due to non-payment of levy by employers.

The law has it that all employers, including government, should be levied 1 percent of their total wage bills to finance the functions of Teveta, but defaults have totaled over K3 billion.

Government alone is yet to pay K2.6 billion to the authority while many companies fail to comply and plans are underway to have the levy collected by Malawi Revenue Authority (MRA).

The concerns were presented by Teveta Acting Executive Director Wilson Makulumiza to the Minister of Labour and Manpower Development Henry Mussa who met Teveta officials on Friday at Teveta House in Lilongwe.

The levy issue is limiting the functions of Teveta which has less than half of the required technical staff and is far from thinking of constructing its own college required t o train technical college instructors."



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MCP wants Malawi fertiliser subsidy redisigned | Malawi Nyasa Times – Malawi breaking news in Malawi

MCP wants Malawi fertiliser subsidy redisigned | Malawi Nyasa Times – Malawi breaking news in Malawi:



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Monday, August 11, 2014

Southern Times -Malawi--Tanzania-move-towards-One-Stop-Border-Post--

Southern Times -Malawi--Tanzania-move-towards-One-Stop-Border-Post--: "The Southern African Development Community’s quest to facilitate trade and free movement of goods and services continues to gather momentum, with two more countries from the region moving closer to opening another one-stop border post. "



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Saturday, August 9, 2014

Malawi Signs $104 Million Deal With AfDB | AFKInsider

Malawi Signs $104 Million Deal With AfDB | AFKInsider: "The African Development Bank (AfDB) and Malawi have signed three development agreements valued at US$104 million in the capital Lilongwe.The agreements cover rural water and sanitation infrastructure for improved health and livelihoods, a project to develop the Nacala Road Corridor and the feasibility study for the Lower Shire Watercourse Project."



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Friday, August 8, 2014

Mozambique takes delivery of locomotives to carry coal from Tete to Nacala | Macauhub English

Mozambique takes delivery of locomotives to carry coal from Tete to Nacala | Macauhub English: "Mozambique takes delivery of locomotives to carry coal from Tete to Nacala
AUGUST 1ST, 2014   NEWS
Mozambican company Corredor Logístico Integrado do Norte (CLIN) has announced the arrival of the first ten locomotives from General Electric (GE) to carry coal from Moatize, in the Mozambican province of Tete, to the port of Nacala, on a journey of around 900 kilometres, according to Mozambican daily newspaper Notícias"



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