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Monday, November 30, 2015

Malawi to have largest rice factory in Southern Africa | Malawi24 - All the latest Malawi news

Malawi to have largest rice factory in Southern Africa | Malawi24 - All the latest Malawi news: "Malawi to have largest rice factory in Southern Africa
Luke Bisani
Malawi is set to have the largest rice factory in southern Africa country in Nkhotakota district as one way of increasing exports from this count"



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Tuesday, November 24, 2015

US house warms to Mkango after PFS update - Proactiveinvestors (UK)

US house warms to Mkango after PFS update - Proactiveinvestors (UK): "Rare earth explorer Mkango (CVE:MKA) is worth C15c per share after its updated pre-feasibility study for Songwe Hill in Malawi, according to mining house Hallgarten. An offtake agreement is now the one missing piece in the puzzle for the explorer, said the US broker. It will need this to fund the US$216mln upfront required to take Songwe Hill into production, though Hallgarten added Mkango already has one of the strongest group of institutional/core shareholders it has seen in a rare earths explorer"



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Monday, November 9, 2015

Mkango Resources Announces Results of Updated Pre-Feasibility Study for the Songwe Hill Rare Earth Project in Malawi | Benzinga

Mkango Resources Announces Results of Updated Pre-Feasibility Study for the Songwe Hill Rare Earth Project in Malawi | Benzinga: "CALGARY, ALBERTA--(Marketwired - Nov. 9, 2015) - Mkango Resources Ltd. (TSX VENTURE:MKA) (the "Corporation" or "Mkango") is pleased to announce the results of the updated Pre-feasibility Study (the Study) for the Songwe Hill Rare Earth Project. Capital expenditure (Capex) and operating costs (Opex) in the Study have been updated to reflect movements in equipment, reagent and other costs, in addition to exchange rates"



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Thursday, November 5, 2015

Malawi raises key lending rate to 27.0 pct, cuts GDP forecast | Reuters

Malawi raises key lending rate to 27.0 pct, cuts GDP forecast | Reuters: "LILONGWE (Reuters) - Malawi's central bank lifted its benchmark lending rate by 200 basis points to 27 percent on Wednesday, saying persistently high inflation, a depreciating exchange rate and uncertainties on food prices and wage demands posed risks."



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Monday, November 2, 2015

Business | The Times Group

Business | The Times Group: "A K60 billion solar project slated to commence early next year has finally been allocated 60 hectors of land in Lilongwe. The project under Atlas Energies Limited was scheduled to take off "



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