Illovo Malawi share price increasing due to billions of kwacha profit | Malawi Nyasa Times - Malawi breaking news in Malawi

Illovo Malawi share price increasing due to billions of kwacha profit | Malawi Nyasa Times - Malawi breaking news in Malawi: "

Business

Illovo Malawi share price increasing due to billions of kwacha profit
By Nyasa Times Reporter

June 17, 2013   ·   2 Comments
 Email This Post



Illovo share price increased by K5.50 from K179.50 to K185 at the Malawi Stock Exchange (MSE) this week due to what stockbrokers say is high demand of the company’s shares by investors after the K9 billion profit it poste"

'via Blog this'

World Bank electricity project stalls for 18 months | Face of Malawi

World Bank electricity project stalls for 18 months | Face of Malawi: "WORLD BANK ELECTRICITY PROJECT STALLS FOR 18 MONTHS
ON JUN 3, 2013 IN WORLD BANK | COMMENTS OFF
Amid perennial electricity woes plaguing the country, a K33 billion five-year World Bank project that should have helped to ease the problem has stalled for almost 18 months, The Daily Times has learnt.
The delays are attributed to failure by the implementing agencies to meet World Bank’s procurement procedures due to what the Bank says are capacity challenges in the implementing organisations."

'via Blog this'

Bank to help accelerate Malawi’s energy-sector reform project

Malawi: "Bank to help accelerate Malawi’s energy-sector reform project
PRINT

EMAIL   |

By: Marcel Chimwala
14th June 2013
TEXT SIZE
The World Bank has agreed to help fast-track the implementation of Malawi’s $84.7-million Energy Sector Support Project, which has faced delays."

'via Blog this'

Exploration at Malawi rare earths project resumes after court ruling

malawi: "Exploration at Malawi rare earths project resumes after court ruling
PRINT

EMAIL   |

By: Marcel Chimwala
24th May 2013
TEXT SIZE
Springstone, a joint venture between Canada’s Gold Canyon Resources and Japan Oil, Gas & Metals National Corporation (Jogmec), has resumed exploration for rare-earth elements (REE) at Mulanje Mountain, in southern Malawi, following a High Court ruling setting aside an injunction to halt the project that was obtained by members of a nearby community."

'via Blog this'

Cuamba-Lichinga road in Mozambique due to start being rebuilt in 2014 | Macauhub English

Cuamba-Lichinga road in Mozambique due to start being rebuilt in 2014 | Macauhub English: "Cuamba-Lichinga road in Mozambique due to start being rebuilt in 2014
MAY 29TH, 2013   NEWS
Reconstruction of the Cuamba-Lichinga road, in Mozambique is due to begin in 2014, as the necessary funds have been secured, government spokesman and deputy Justice minister, Alberto Nkutumula said Tuesday in Maputo"

'via Blog this'

Transnet Engineering ships final units of $20m CDN contract

Transnet Engineering ships final units of $20m CDN contract: "Transnet Engineering ships final units of $20m CDN contract

By: Shirley le Guern
10th June 2013
TEXT SIZE
The final seven units that make up a $20-million contract to supply rolling stock to Corredor De Desenvolvimento Do Norte (CDN) and Central East African Railways (CEAR), which operate railway concessions in Mozambique and Malawi, left Durban harbour on Saturday."

'via Blog this'

Malawi Investment Pledges Soar - MITC

Malawi Investment Pledges Soar - MITC: "Malawi Investment Pledges Soar - MITC


Malawi has received major investment pledges totaling 250 million dollars about 90 billion kwacha between July last year to April this year.

Malawi Investment and Trade Center Chief Executive officer Clement Kumbemba says most of the investor are already doing studies specifically in areas of mining, tourism, agriculture and energy."

'via Blog this'

ILALA BACK ON THE WATER!

ILALA BACK ON THE WATER!: "

Industry: Marketing       
Lake Malawi’s Ilala, fitted with brand new engines, has completed its first circuit of the Lake since its servicing. With an extra boost under the bonnet it’s not only back in business, it’s also operating ahead of schedule!

(TRAVPR.COM) UNITED KINGDOM - June 11th, 2013 - Lake Malawi’s Ilala, fitted with brand new engines, has completed its first circuit of the Lake since its servicing. With an extra boost under the bonnet it’s not only back in business, it’s also operating ahead of schedule"

'via Blog this'

Reserve Bank of Malawi cancels Treasury Bills auction | Malawi Nyasa Times - Malawi breaking news in Malawi

Reserve Bank of Malawi cancels Treasury Bills auction | Malawi Nyasa Times - Malawi breaking news in Malawi: "

Business » Featured

Reserve Bank of Malawi cancels Treasury Bills auction
By Vhangani Phiri, Nyasa Times

June 7, 2013   ·   1 Comments
 Email This Post



The money market experienced an unusual occurrence this week as the Reserve Bank of Malawi (RBM) cancelled auction on treasury bills."

'via Blog this'

Malawi engages international legal experts in drafting mining deals | Malawi Nyasa Times - Malawi breaking news in Malawi

Malawi engages international legal experts in drafting mining deals | Malawi Nyasa Times - Malawi breaking news in Malawi: "

Business

Malawi engages international legal experts in drafting mining deals
By Hastings Loka, Nyasa Times

June 7, 2013   ·   0 Comments
 Email This Post



The Government of Malawi has engaged foreign legal expertise to assist the Ministry of Mining in the drafting and subsequent negotiations of the niobium project in Kanyika in Mzimba."

'via Blog this'