Nacala Port Denies Malawian Claims 2 March 2011

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Maputo — The director of the northern Mozambican port of Nacala, Agostinho Langa, on Wednesday categorically denied recent claims by Malawian President Bingu wa Mutharika that fuel shortages in Malawi are caused by congestion in the ports of Nacala and Beira.TO READ MORE CLICK HERE

Mozambique: Traffic Over Tete Bridge Back to Normal

Maputo — The rehabilitation of the Samora Machel bridge over the Zambezi in the western Mozambican city of Tete guarantees that the bridge will last for another 30 years, declared the Deputy Minister of Public Works, Francisco Pereira, on Tuesday
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Resource Star hits thick zones of uranium at Livingstonia in Malawi

Resource Star (ASX: RSL) drilling has confirmed near surface wide intersections of uranium at the Livingstonia Uranium project, located in Malawi TO READ MORE CLICK HERE

Paladin cuts uranium production forecast at Kayelekera

URANIUM miner Paladin Energy today downgraded its annual production guidance after disruptions at its Kayelekera mine in Malawi.
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Malawi’s Benchmark Tea Price Is Unchanged at Auctio

 The benchmark price of tea in Malawi, Africa’s largest producer of the crop after Kenya, was unchanged at an auction today, according to Van Rees BV, a tea trading unit of Netherlands-based NIBC Principal Investments.

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Malawi to Get $350.7 Million Electricity Grant From Agency Created by Bush

Secretary of State Hillary Clinton and a public-private board of directors, including Treasury Secretary Timothy Geithner and venture capitalist Alan Patricof, today approved a $350.7 million grant for Malawi to boost economic growth by improving its electric power system.

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China to Tighten Limits on Rare Earth Exports

HONG KONG — China’s commerce ministry announced on Tuesday in Beijing a steep reduction in export quotas for rare earth metals in the first months of next year, a move that threatens to cause further difficulties for manufacturers already struggling with short supplies and soaring prices. 

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Malawi seeks bidders for 300 MW coal-fired plant

LILONGWE, Dec 26 (Reuters) - Malawi will in the coming months invite bids from investors willing to build a 300 megawatts coal-fired power plant to meet its rising demand for electricity, Energy Minister Grain Malunga said on Sunday

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Malawi Inflation Eases to Lowest Since at Least 2006

Malawi’s inflation rate fell to 6.4 percent in November, the lowest since at least January 2006, as the country produced more corn than the government predicted, helping to curb prices.

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Lynas gets OK for Malawi purchase

Lynas Corporation Ltd says it has received approval from the Malawi government to acquire a rare earths resource for $US4 million ($A4.02 million).
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