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Friday, April 24, 2015

DailyNews Online Edition - Mtwara cement plant to offer 10,000 jobs

DailyNews Online Edition - Mtwara cement plant to offer 10,000 jobs: "Mtwara cement plant to offer 10,000 jobs




Details Published on Wednesday, 14 January 2015 07:47 Written by DAILY NEWS Reporter Hits: 3444
Africa’s richest person, Alhaj Aliko Dangote.
OVER 10,000 people are expected to be employed directly and indirectly at the Dangote Cement Factory at Msijute area in Mtwara Region, which is slated to commence production in August."



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Thursday, April 23, 2015

Boycott of South African Products in Malawi Not Backed by State - Bloomberg Business

Boycott of South African Products in Malawi Not Backed by State - Bloomberg Business: "Boycott of South African Products in Malawi Not Backed by State
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by Frank Jomo
3:56 PM BST
April 23, 2015
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Malawi’s government said it doesn’t support a call by a consumer group for a boycott of South African products in protest against deadly attacks on foreign nationals in that country."



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Monday, April 20, 2015

Light at the end of the tunnel for Uranium producers | The National

Light at the end of the tunnel for Uranium producers | The National: "Gavin du Venage, Foreign Correspondent, reports from Cape Town

Uranium producers have fared badly in the past five years, which could leave utilities struggling to find adequate fuel supplies until new mines are built."



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Wednesday, April 15, 2015

Trades down, earnings rise on stock exchange - BNL Times

Trades down, earnings rise on stock exchange - BNL Times: "Trading during the first quarter of 2015 has generally been on the decline in both value and volumes on the Malawi Stock Exchange (MSE) but investors saw an increase in earnings per share on the bourse."



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Investor forum slated for June - BNL Times

Investor forum slated for June - BNL Times: "The Malawi Investment and Trade Centre (MITC) has announced that it is organising the first ever international investment forum for Malawi in June this year where the Malawi brand will be marketing to international businesses.

MITC Chief Executive Officer, Clement Kumbemba told a press briefing in Lilongwe on Tuesday that about 300 prospective investors and officials from various key investment source countries are expected to attend the forum."



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Malawi: Niobium sample outcome shows positive results-Official » business » News - StarAfrica.com - News – StarAfrica.com

Malawi: Niobium sample outcome shows positive results-Official » business » News - StarAfrica.com - News – StarAfrica.com: "Malawi’s Secretary for Natural Resources, Energy and Mining, Ben Botolo said on Tuesday that Niobium samples from Kanyika Mine, which were sent to China, had shown positive results of the mineral deposits.Globe Metals and Mining Company sent almost 40-tonne bulk to China for metallurgical testing"



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Monday, April 13, 2015

Malawi: Coal Fired Power Plant in Neno Awaits Us$600 Million Loan Approval

allAfrica.com: Malawi: Coal Fired Power Plant in Neno Awaits Us$600 Million Loan Approval: "Malawi: Coal Fired Power Plant in Neno Awaits Us$600 Million Loan Approval
Blantyre — Malawi News Agency has learnt that the construction of a Coal Fired Power Plant-CFPP at Kamwamba in Neno awaits the approval of a US$600 million loan from the Chinese Government.

The construction would follow a contract agreement which Malawi signed with China Ghezouba Group Company-CGGC in June 2013.