Malawi Opens Tobacco Season; Farmers Complain of Low Prices - Bloomberg

Malawi Opens Tobacco Season; Farmers Complain of Low Prices - Bloomberg: "Malawi Opens Tobacco Season; Farmers Complain of Low Prices
By Frank Jomo - Mar 15, 2011 9:05 AM GMT

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Malawi, the world’s biggest producer of burley tobacco, opened the 2011 season yesterday with President Bingu wa Mutharika asking buyers to offer better prices.

“This year we have very good rains and with good care of the crop, we are sure of getting more revenue,” Mutharika said on MBC Radio during a live broadcast of the opening ceremony in the capital, Lilongwe. “The buyers should realize that farmers can only continue growing tobacco if they are paid prices beyond the cost of production,” said Mutharika."

Exim Bank to provide line of credit to Malawi - The Economic Times

Exim Bank to provide line of credit to Malawi - The Economic Times: "Exim Bank to provide line of credit to Malawi

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MUMBAI: The Export-Import Bank of India ( Exim Bank )) has entered into an agreement with Malawi for providing a $50 million line of credit for financing exports and consultancy services for projects in the African nation."

Donors freeze $400 mln aid to Malawi: finance minister | Top News | Reuters

Donors freeze $400 mln aid to Malawi: finance minister | Top News | Reuters: "Donors freeze $400 mln aid to Malawi: finance minister
Wed Mar 16, 2011 2:28pm GMT Print | Single Page [-] Text [+]
LILONGWE (Reuters) - Malawi's donors are withholding more than $400 million in aid in protest at a law preventing gay marriages and another that lets the govnerment ban newspapers publishing material deemed bad for the public"

Current dry spell to affect tobacco

Current dry spell to affect tobacco: "Current dry spell to affect tobacco
Last Updated on Fri, 04 Mar 2011 11:41
The current dry spell experienced in most parts of the country is expected to affect tobacco production this year.

The current dry spell experienced in most parts of the country is expected to affect production of tobacco this year."

Portuguese investor pumps K2bn in Nsanje Port project

Maravi Post - Business and Finance: "
SUNDAY, 06 MARCH 2011 20:09
BLANTYRE--Portuguese firm Mota Engil is the biggest investor at the inland Nsanje Port, pumping in K2 billion into the first phase of the project."

Mozambique's CDN to invest $200 mln in port upgrade | Reuters

Mozambique's CDN to invest $200 mln in port upgrade | Reuters: "Mozambique's CDN to invest $200 mln in port upgrade
Wed Mar 2, 2011 11:30am GMT Print | Single Page [-] Text [+]
By Charles Mangwiro

MAPUTO (Reuters) - Mozambique's Nacala Development Corridor (CDN) plans to invest $200 million to upgrade its port at Nacala and raise capacity to 16 million tonnes of cargo in 2030 from 1.5 million tonnes, a CDN official said on Wednesday"

Amblecote ambassador visits Fairtrade farmers in Malawi (From Stourbridge News)

Amblecote ambassador visits Fairtrade farmers in Malawi (From Stourbridge News): "Share
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AN Amblecote Fairtrade ambassador has been seeing how buying power at home helps farmers’ families in Malawi."

afrol News - Malawi continues war on donors

afrol News - Malawi continues war on donors: "Malawi continues war on donors

Malawian police officer

© MCC/afrol News
afrol News, 4 March - The police in Malawi blames one of its major donors for anti-government protests, following a united front of foreign donors expressing concern over new, repressive legislation."

AFP: Malawi makes civil servants prove they exist

AFP: Malawi makes civil servants prove they exist: "Malawi makes civil servants prove they exist
(AFP) – 2 days ago
BLANTYRE — Malawi's government is requiring civil servants to line up to collect their salaries in person in a bid to eliminate ghost workers from the payroll, treasury officials said Friday."

News Item : Lynas buys $4M rare earths resource

News Item : Lynas buys $4M rare earths resource: "Lynas buys $4M rare earths resource March 07, 2011 10:28 AM


Lynas Corporation Ltd (ASX:LYC) has announced that it has completed an acquisition of a rare earths resource in the African country of Malawi for $US4 million."