Malawi’s Shire Valley Irrigation Project Excites World Bank: To Be The Biggest In Southern Africa, Budgeted At $340million – Malawi Voice

Malawi’s Shire Valley Irrigation Project Excites World Bank: To Be The Biggest In Southern Africa, Budgeted At $340million – Malawi Voice: "Malawi’s Shire Valley Irrigation Project Excites World Bank: To Be The Biggest In Southern Africa, Budgeted At $340million
By Malawi Voice Reporter on April 24, 20174 Comments

World Bank’s Pieter Waalewijn in an interview after the meeting
People of the twin districts of Chikwawa and Nsanje in the Shire Valley have a reason to celebrate following government’s endorsement that the Shire Valley Irrigation Project (SVIP) is viable"



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Uranium Prices Steady as Market Seeks Balance

Uranium Prices Steady as Market Seeks Balance: "Uranium Prices Steady as Market Seeks Balance
By Leia Toovey -April 14, 2017 - 14:07 BST

Spot uranium prices continue to show little change, week-over-week, and seem to have found some stability following their recent crash which saw uranium prices bottoming at $17.75 per lb in December. Now, prices have found stability in the low to mid $20s, suggesting that sell-off in uranium is over. However; the lack of a large, consistent move higher indicates that a larger fundamental change is needed to really power a rally."



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New Reserve Bank of Malawi Chief eyes 6% GDP growth | The Times Group

New Reserve Bank of Malawi Chief eyes 6% GDP growth | The Times Group: "New Reserve Bank of Malawi Chief eyes 6% GDP growth Posted By: William Kumwembeon: April 24, 2017In: BusinessNo Comments THE newly appointed Reserve Bank of Malawi (RBM) Governor, Dalitso Kabambe, says Malawi’s economy will have to grow by over six percent in real Gross Domestic Product (GDP) terms, if the country is to meaningfully reduce poverty levels, feared to worsen in most Southern African countries"



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Cotton industry seeks $30 million | The Times Group

Cotton industry seeks $30 million | The Times Group: "Stakeholders in the cotton industry are lobbying government for an injection of $30 million as a short-term measure to boost cotton production.

The players are being led by the African Institute of Corporate Citizenship (AICC) and include the Cotton Council of Malawi and Cotton Farmers Association of Malawi."



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Metalysis opens pioneering R&D centre | Insider Media Ltd

Metalysis opens pioneering R&D centre | Insider Media Ltd: "Materials Discovery Centre at the Advanced Manufacturing Park in ‎Waverley. Metalysis will carry out commercial R&D projects to produce metal powders for high performance alloys in the aerospace and automotive industries. Its first new customer, rare earth miner Mkango Resources, announced this month it had signed up Metalysis for a commercial R&D programme to develop 3D printed rare earth magnets for electric vehicles."



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Oil pipeline project flops | The Times Group

Oil pipeline project flops | The Times Group: "Oil pipeline project flops Posted By: George Mhangoon: April 10, 2017In: BusinessNo Comments Capital Hill has admitted that the multimillion kwacha oil pipeline from Beira in Mozambique to Nsanje in Malawi has flopped. Instead, authorities have opted for the much touted Southern African Development Community (Sadc) project, which is said to be cost effective."



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Egenco plans additional power stations | The Times Group

Egenco plans additional power stations | The Times Group: "Egenco plans additional power stations Posted By: Taonga Sabolaon: April 11, 2017In: BusinessNo Comments The Japan International Cooperation Agency (Jica) has committed $67 million for the construction of Tedzani IV power station which will add 18 megawatts to the national grid, the Energy Generation Company (Egenco) has said. Egenco Chief Executive Officer, William Liabunya, said his company is searching for the remaining K3 billion to kick start the project."



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Sovereign Metals delivers high-purity graphite in Malawi

Sovereign Metals delivers high-purity graphite in Malawi: "Sovereign Metals (ASX:SVM) has delivered high-purity concentrates averaging 98.6% graphite from the latest flotation testwork on the saprolite from its Malingunde flake graphite deposit in Malawi. Importantly, increased grade of final concentrates has been achieved with minimal deterioration in flake size, highlighting the simplicity and flexibility of the Malingunde process flow sheet"



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Paladin retrenches staff

Business Archives - The Maravi Post: " LLOYD MBWANA">LLOYD MBWANA on 03rd Apr Economic downturn: Paladin retrenches 18 Malawians, four expatriate staff KARONGA-(MaraviPost)-Paladin Africa Limited on Friday laid off 22 workers at Kayerekera Uranium Mine in the northern district of Karonga over downturn of the mineral’s market prices. The development comes following the suspension of production at the mine three years ago with the latest being chopped are 18 Malawians and four expatriate as cutting"



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