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Friday, June 17, 2016

Kotug starts operations in Mozambique

Kotug starts operations in Mozambique: Kotug Mozambique has commenced exclusive port and terminal towage services with two powerful Rotortugs in the new port of Nacala-a-Velha in northern Mozambique, for Nacala Development Corridor (CDN). Operations are being supported by local management and experienced crew.

Wednesday, June 15, 2016

More blackouts ahead | The Times Group

More blackouts ahead | The Times Group: The Electricity Supply Corporation of Malawi (Escom) says Malawians should expect more blackouts in the days ahead as the utility grapples with a fresh challenge of low water levels in Lake Malawi.

Mozambique: Vale Ceases Use of Sena Line - allAfrica.com

Mozambique: Vale Ceases Use of Sena Line - allAfrica.com: Maputo — The Brazilian mining company Vale has stopped using the Sena railway line to transport coal from its mine at Moatize in the western Mozambican province of Tete to the port of Beira, following two attacks on its trains last week by gunmen of the rebel movement Renamo.

Sunday, June 12, 2016

Mozambique: New Investments Planned for Nacala Railways - allAfrica.com

Mozambique: New Investments Planned for Nacala Railways - allAfrica.com: "
Mozambique: New Investments Planned for Nacala Railways
The rail corridor from the northern Mozambican port of Nacala-a-Velha to the Moatize coal basin in Tete province will receive three billion US dollars of new investment to boost its capacity to transport the coal produced in Moatize, according to the Mozambican government spokesperson, Deputy Health Minister Mouzinho Saide.
Speaking on Tuesday at the end of the weekly session of the Council of Ministers (Cabinet) he said that 1.9 billion dollars will be invested in Mozambique and the rest in Malaw


'via Blog this'

Friday, June 10, 2016

France gives €10.2m to boost mining sector | The Times Group

France gives €10.2m to boost mining sector | The Times Group: "The French government has given €10.2 million to assist in the implementation of the Geological Mapping and Mineral Assessment Project (Gemmap) being implemented through the Department of Mining.

The project is scheduled to be launched on June 15 at the Bingu International Conference Centre by Minister of Natural Resources, Energy and Mining, Bright Msaka"



'via Blog this'

Thursday, June 2, 2016

Aussie firm pens deal with Malawi’s Escom for 120MW power plant – Mining & Trade Review (May 2016) | Mining in Malawi

Aussie firm pens deal with Malawi’s Escom for 120MW power plant – Mining & Trade Review (May 2016) | Mining in Malawi: ASX-listed Intra Energy Corporation, which is developing the 120MW Pamodzi Coal-fired Power Plant in Malawi’s lakeshore district of Salima, has announced the signing of a term sheet relating to the power purchase agreement with the Electricity Supply Corporation of Malawi (Escom)

Malawi eyeing several interconnectors to solve power woes – Mining & Trade Review (May 2016) | Mining in Malawi

Malawi eyeing several interconnectors to solve power woes – Mining & Trade Review (May 2016) | Mining in Malawi: By Chiku Jere

Government says notable progress is being made towards sourcing power from neighbouring countries through interconnectors in an effort to address Malawi’s historical power woe

Sunday, May 29, 2016

Malawi finance minister Goodal Gondwe unveils punitive national budget; VAT introduced on sugar, salt, bread and soap - The Maravi Post

Malawi finance minister Goodal Gondwe unveils punitive national budget; VAT introduced on sugar, salt, bread and soap - The Maravi Post: LILONGWE (Maravi Post)—Malawi Finance Minister Goodall Gondwe on Friday unveiled a MK1.2 trillion national budget up from K917 billion which has seen social analysts describing it as a punitive package due to the introduction of taxes-Value Added Tax (VAT) on essential commodities for the rural people whose income still remain less than a dollar a day.

Cement output cut by over 50% | The Times Group

Cement output cut by over 50% | The Times Group: A slow-down in economic activities has forced a reduction in cement production by close to 50 percent as players in the sector engage survival tactics in order to remain sustainable in the long-term

Wednesday, May 4, 2016

UK’s GHE to establish US$300m solar project | The Times Group

UK’s GHE to establish US$300m solar project | The Times Group: Greenheart Energy (UK) Limited (GHE) has pledged to invest over US$300 million in Malawi’s energy sector and the investment will include the establishment of three solar power plants, one for each region of the country.

GHE expressed interest to enter the Malawi market during last year’s Africa Global Summit which was held in London in December and a Memorandum of Understanding between the government and the company was signed on January 29, 2016.