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Tuesday, January 22, 2013

Government backs Paladin

Government has said it will protect Paladin Africa, the mining company of Kayerekera Uranium Mine, from further attacks from critics saying the miner is suffering undeservedly.

Minister of Mines John Bande said this after continued calls from civil society and some opposition parties that the company's mine is not benefiting the country enough as it is supposed to, with other claims of less corporate social responsibility activities in Karonga."
Government backs Paladin

MIT in K1bn campus project

Government through Malawi Institute of Tourism (MIT) says it will invest K1 billion to construct a state-of the- art Lilongwe campus of the institute.

The Ministry of Tourism says this in inline with government's Economic Recovery Plan (ERP) which lists tourism as a priority sector."

'via Blog MIT in K1bn campus project:

Eland coal mine to double production


Eland Coal Mine says it is set to double production following the completion of installation works on its new multimillion kwacha mining plant at Mwaulambo mine in Karonga.

Speaking when Minister of Mining John Bande inspected the mine on Friday, Head of Marketing and Sales Mayamiko Mwinjilo said the new machine is expected to produce 25 tonnes

of coal per hour against 10 tonnes per hour which its excavator is currently producing"
Eland coal mine to double production:
'via Blog this'

Nation Online - Kapichira II Power Plant to spur business growth


Works in progress at Kapichira II Hydro Power Plant in Chikhwawa
The completion of Kapichira II Hydro Power Plant this year will enable Escom to supply between 10 to 12 megawatts (MW) of power to Paladin’s  Kayelekera Mine in Karonga."

Nation Online - Kapichira II Power Plant to spur business growth:
'via Blog this'

Nation Online - ERP on track, says Goodall

"ERP on track, says Goodall

Gondwe: ERG is doing better than expected.
Malawi’s Minister of Economic Planning and Development Goodall Gondwe says the Economic Recovery Plan (ERP) is on course, saying most economic indicators under recovery plan are working as planned."
TO READ MORE CLICK HERE:

'via Blog this'

Wednesday, January 16, 2013

Govt to let out Lake Malawi ports

Govt to let out Lake Malawi ports: "Govt to let out Lake Malawi ports
TUESDAY, 15 JANUARY 2013 10:44 GABRIEL KAMLOMO

Malawi will let out to the private sector all ports along Lake Malawi to enhance efficiency of their operations and ensure that they are in good condition.

MORE

'via Blog this'

Mkango Resources gains two year licence renewal for Phalombe licence - Proactiveinvestors (AU)

Mkango Resources gains two year licence renewal for Phalombe licence - Proactiveinvestors (AU): "Mkango Resources gains two year licence renewal for Phalombe licence
Wednesday, January 16, 2013 by Ian Lyall

Mkango Resources (CVE:MKA) has been granted a two-year renewal of its Phalombe licence in south-east Malawi, home to its flagship Songwe Hill rare earth project."

'via Blog this'

Malawi, Mozambique Enter New Electricity Deal - Ventures Africa

Malawi, Mozambique Enter New Electricity Deal - Ventures Africa: "Malawi, Mozambique Enter New Electricity Deal
 Malawi and Mozambique have amended their electricity deal to create a “win-win” situation for both countries, Malawi’s government confirmed on Wednesday."

'via Blog this'

Saturday, January 5, 2013

Malawi to earn US$15m from Vale annually

Malawi to earn US$15m from Vale annually: "Malawi to earn US$15m from Vale annually

Government is expected to earn over US$15 million in taxes and concession fees per year from the Vale Railway project contract.

Vale is the main contractor of the Kachaso–Nkaya railway line which is part of the Nacala rail corridor project."

'via Blog this'

Friday, January 4, 2013

IMF vows to support Malawi reforms - Africa | IOL News | IOL.co.za

IMF vows to support Malawi reforms - Africa | IOL News | IOL.co.za: "IMF vows to support Malawi reforms

January 4 2013 at 04:11pm
By SAPA
Comment on this story

Independent Newspapers
(File image) Malawi President Joyce Banda
Blantyre, Malawi -

Christine Lagarde, the managing director of the International Monetary Fund (IMF), arrived in impoverished Malawi on Friday on a three-day official visit to “support the President and government” over its economic recovery programme."

'via Blog this'