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‘Proposed 60% Escom power hike will hurt economy’ | The Times Group

‘Proposed 60% Escom power hike will hurt economy’ | The Times Group: If you are using K20 000 on electricity, the proposed 53 percent hike would see you spending above K30 000 from September this year, says Malawi Confederation of Chambers of Commerce and Industry (MCCCI).

MCCCI Chief Executive Officer, Chancellor Kaferapanjira, warned that the proposed 60 percent tariff hike by Electricity Supply Corporation of Malawi (Escom) over the next five years will crash the economy.

Mkango Resources on 'clearly defined pathway' to production with drilling at Songwe Hill underway

Mkango Resources on 'clearly defined pathway' to production with drilling at Songwe Hill underway: Mkango Resources on 'clearly defined pathway' to production with drilling at Songwe Hill underway
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14:17 06 Aug 2018
Mkango chief executive William Dawes said the group was "excited" to commence what will be the largest drill programme to date at Songwe.

Malawi's Songwe-Kasumulu "One Stop Boarder Post" on course-Trade Minister Mussa - The Maravi Post

Malawi's Songwe-Kasumulu "One Stop Boarder Post" on course-Trade Minister Mussa - The Maravi Post: LILONGWE-(MaraviPost)-The much awaited�One Stop Boarder Post� at Songwe/Kasumulu is likely to take its shape following World Bank and African Development (ADB) funds approval for conducting feasibility studies. � The project has been long overdue after Malawi government initiated the construction of the posts for easy business transactions of the country’s neighbors including Tanzania. �

Malawi moves to boost Agoa exports - The Nation Online

Malawi moves to boost Agoa exports - The Nation Online: Malawi moves to boost Agoa exports
Orama Chiphwanya August 6, 2018 0 Comments
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Faced with falling exports through the United States (US) trade window, African Growth and Opportunity Act (Agoa), the Ministry of Industry, Trade and Tourism says it has instituted policies to reverse the trend.

Latest trade figures from Agoa— a US government trade window that targets 40 least developed countries, including Malawi—shows that in 2017, export earnings dropped by about 17 percent to� $62.1 million (about K45 billion) from $74.4 million (about K54 billion) the previous year.

Govt tipped on pension funds - The Nation Online

Govt tipped on pension funds - The Nation Online: Govt tipped on pension funds Orama Chiphwanya August 4, 2018 0 Comments With the country’s pension funds rapidly increasing, corporate and financial strategist James Kamwachale Khomba has advised government to put the pool of resources into long term profitable investments. Since the new Pension Act enactment in 2011, Malawi’s pension industry has been among the world’s fastest-growing following the sharp growth in pension savings and assets, growing at an average of 34 percent annually.

Economic Expert Warns on Delays to Sign IPPs

Economic Expert Warns on Delays to Sign IPPs: An economic expert has warned delays by government to bring in Independent Power Producers (IPPs) would derail efforts to grow the economy with 7% per year as touted by President Peter Mutharika.

Gilbert Kachamba, a lecturer at the Catholic University, observed in an interview with Zodiak Online failure to add more power to the national grid is heavily impacting on employment and cost of production.

Kachamba warns that the delays to address power problems have the potential to change the economic course of the country.

Malawi tobacco rakes in US$271 million | Malawi Nyasa Times - Malawi breaking news in Malawi

Malawi tobacco rakes in US$271 million | Malawi Nyasa Times - Malawi breaking news in Malawi



Malawi tobacco rakes in US$271 million
August 2, 2018 Nyasa Times Reporter 3 Comments
Tobacco, the country's green gold, has raked in US$271 million, US$60 million more than last year at the same
tobacco markets, same time.

uxc u308 prices - Google Search

uxc u308 prices - Google Search: UxC Nuclear Fuel Price Indicators (Delayed-72)
Weekly Spot Ux U3O8 Prices as of July 30, 2018 [Change from previous week]
1 US$ = 0.85356 €‡
U3O8 Price (lb) $25.70 €21.94
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https://www.uxc.com/p/prices/UxCPrices.aspx

U3O8 daily spot price rises 50 cents from one week ago to $24/lb | S&P Global Platts

U3O8 daily spot price rises 50 cents from one week ago to $24/lb | S&P Global Platts:


Houston — The daily spot price of uranium Tuesday was $24 a pound, up 50 cents from July 17. The increase was seen in part as stemming from the US Department of Commerce's July 18 announcement that it had initiated an investigation into uranium imports that was requested by two US uranium producers, who also asked that the Trump administration require US reactor operators buy 25% of their material from domestic producers, according to price reporting company TradeTec