US investors head to Malawi - BNL Times

US investors head to Malawi - BNL Times: "US investors head to Malawi

AUGUST 13, 2014   THOM KHANJE   NO COMMENTS

The Washington DC-based Millennium Challenge Corporation (MCC) has mobilized a group of prospective energy sector investors in the United States of America to come and explore opportunities in Malawi.

Minister of Energy Atupele Muluzi disclosed this in an interview in Washington DC – last week, after meeting MCC Vice President, Kamran Khan, on the sidelines of the US-Africa Leaders Summit"



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Malawi Financial inclusion rises to 54 percent - BNL Times

Malawi Financial inclusion rises to 54 percent - BNL Times: "Malawi Financial inclusion rises to 54 percent

AUGUST 12, 2014   KINGSLEY JASSI   NO COMMENTS

The country’s financial inclusion has increased from 45 percent to 54 percent in the past five years, buoyed by the government policy to allow civil servants access salaries through banks, the latest FinMark Trust’s Finscope survey report has shown."



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Malawi Employers owe Teveta K3billion - BNL Times

Malawi Employers owe Teveta K3billion - BNL Times: "Malawi Employers owe Teveta K3billion

AUGUST 12, 2014   KINGSLEY JASSI   NO COMMENTS

The Technical Entrepreneurial and Vocation Education and Training Authority (Teveta) is grappling with financial woes that have crippled its function of supplying the economy with skilled labour force due to non-payment of levy by employers.

The law has it that all employers, including government, should be levied 1 percent of their total wage bills to finance the functions of Teveta, but defaults have totaled over K3 billion.

Government alone is yet to pay K2.6 billion to the authority while many companies fail to comply and plans are underway to have the levy collected by Malawi Revenue Authority (MRA).

The concerns were presented by Teveta Acting Executive Director Wilson Makulumiza to the Minister of Labour and Manpower Development Henry Mussa who met Teveta officials on Friday at Teveta House in Lilongwe.

The levy issue is limiting the functions of Teveta which has less than half of the required technical staff and is far from thinking of constructing its own college required t o train technical college instructors."



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MCP wants Malawi fertiliser subsidy redisigned | Malawi Nyasa Times – Malawi breaking news in Malawi

MCP wants Malawi fertiliser subsidy redisigned | Malawi Nyasa Times – Malawi breaking news in Malawi:



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Southern Times -Malawi--Tanzania-move-towards-One-Stop-Border-Post--

Southern Times -Malawi--Tanzania-move-towards-One-Stop-Border-Post--: "The Southern African Development Community’s quest to facilitate trade and free movement of goods and services continues to gather momentum, with two more countries from the region moving closer to opening another one-stop border post. "



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Malawi Signs $104 Million Deal With AfDB | AFKInsider

Malawi Signs $104 Million Deal With AfDB | AFKInsider: "The African Development Bank (AfDB) and Malawi have signed three development agreements valued at US$104 million in the capital Lilongwe.The agreements cover rural water and sanitation infrastructure for improved health and livelihoods, a project to develop the Nacala Road Corridor and the feasibility study for the Lower Shire Watercourse Project."



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Mozambique takes delivery of locomotives to carry coal from Tete to Nacala | Macauhub English

Mozambique takes delivery of locomotives to carry coal from Tete to Nacala | Macauhub English: "Mozambique takes delivery of locomotives to carry coal from Tete to Nacala
AUGUST 1ST, 2014   NEWS
Mozambican company Corredor Logístico Integrado do Norte (CLIN) has announced the arrival of the first ten locomotives from General Electric (GE) to carry coal from Moatize, in the Mozambican province of Tete, to the port of Nacala, on a journey of around 900 kilometres, according to Mozambican daily newspaper Notícias"



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Malawi firm ready for meat exports - BNL Times

Malawi firm ready for meat exports - BNL Times: "Superior Halaal Group, a fresh foods company, has invested in new machinery that will allow it to start exporting processed beef. Superior Halaal Chief Executive Officer Esa Arab said in an interview that the company is now able to produce high quality beef that meets international standards"



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Sovereign Metals hits more graphite in Malawi - Proactiveinvestors (AU)

Sovereign Metals hits more graphite in Malawi - Proactiveinvestors (AU): "Sovereign Metals (ASX:SVM) should trade higher after the discovery of a new zone of high-grade flake graphite mineralisation at Duwi in Malawi

The new zone, named Duwi Bend, was discovered by mapping and rock-chip sampling followed by a recently completed trench along an excavated road cutting"



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Atupele Muluzi hired cabinet Minister as Mutharika names full Cabinet list

Atupele Muluzi hired cabinet Minister as Mutharika names full Cabinet list: "Atupele Muluzi hired cabinet Minister as Mutharika names full Cabinet list
By: Malawi News Agency on June 22, 2014.

Atupele Muluzi
 


Atupele Muluzi
In exercise of the powers conferred upon the president by section 92(1) as read with section 94(1) of the Constitution of the Republic of Malawi, it has pleased His Excellency Professor Arthur Peter Mutharika, President of the Republic of Malawi, to appoint the following additional members of the cabinet with effect from 22nd June, 2014."



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