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Friday, August 17, 2018

Govt seeks donors in horticulture sector - The Nation Online

Govt seeks donors in horticulture sector - The Nation Online: Govt seeks donors in horticulture sector
Christopher Jimu August 17, 2018 0 Comment
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The Ministry of Agriculture, Irrigation and Water Development has asked development partners to provide money to boost the horticulture sector which has the potential to grow the agricultural sector.

The ministry’s assistant chief agriculture officer (horticulture) Mathias Nkhoma said this on Wednesday in Salima on the sidelines of a four-day market oriented smallholder horticulture empowerment and promotion project (Ma-Shep) technical training for extension staff organised by Japan International Cooperation Agency (Jica).

High prospects for oil in Malawi – Mining & Trade Review | Mining in Malawi

High prospects for oil in Malawi – Mining & Trade Review | Mining in Malawi: July 2018 � by Rachel Etter-Phoya � in Oil & Gas. � High prospects for oil in Malawi By Chiku Jere Exploration work currently being pursued by multinational firms in Malawi’s stretch of the oil rich Great African Rift Valley has unveiled high prospects for oil discovery

Thursday, August 16, 2018

Alex Lemon, Mkango Resources Ltd (TSX-V: AIM: MKA) Interview - Share Talk

Alex Lemon, Mkango Resources Ltd (TSX-V: AIM: MKA) Interview - Share Talk: Alex Lemon (Co-founder & President) of Mkango Resources Ltd answers shareholders questions and�gives us an update on major diamond drilling programme that commenced – June 2018 at the Songwe Hill Rare Earths Project (“Songwe”) in Malawi. The drilling programme is a key component of the Feasibility Study for Songwe, which is being fully funded by Talaxis Limited (“Talaxis”), a subsidiary of Noble Group Ltd.

Escom electricity goes up by 7 pct | The Times Group

Escom electricity goes up by 7 pct | The Times Group: Tariff hikes drive commodity prices

Electricity Supply Corporation of Malawi (Escom), has quietly hiked the electricity tariff by seven percent as consumers await the approval of a 60 percent electricity tariff hike.

This means that K1,000, which was buying 18.5 units as at July 14 2018, is now buying 17.6 units

Wednesday, August 15, 2018

Sovereign Metals recovers high grade rutile at Malingunde in Malawi

Sovereign Metals recovers high grade rutile at Malingunde in Malawi: Sovereign Metals reports the discovery and successful metallurgical separation of high grade rutile (TiO2) from within the soft, saprolite-hosted graphite deposit at Malingunde in Malawi.

Central Africa - Sovereign Metals�is focused on future low-cost production of high quality graphite concentrates at�Malingunde.

Recent test work highlighted the potential to produce rutile as a valuable co-product from
the graphite tailings.

Importantly, clean rutile concentrates are produced via a simple process flow sheet using traditional flotation for graphite and typical mineral�sands separation methods.

“Sovereign Metals is focused on developing the�world-class, low-cost graphite operation at Malingunde," comments Sovereign Metals MD�Dr Julian Stephens.

"The discovery of rutile-leucoxene as a potential�co-product, produced from the graphite tailings via a simple process flow sheet provides the potential for�additional revenue streams and enhanced project value.

Malawi Stock Exchange Monthly Market Performance Report - July 2018

Malawi Stock Exchange Monthly Market Performance Report - July 2018: Malawi Stock Exchange Monthly Market Performance Report - July 2018
Date 14/08/2018

The market transacted a total of 13,787,978 shares at a total consideration of MK590,259,713.23 (US$813,416.67) in 97 trades. In the previous month, June 2018, the market transacted a total of 6,468,082 shares at a total consideration of MK213,441,483.83 (US$294,129.07) in 86 trades. This reflects a 113.17% increase in terms of share volume and a 176.54% (176.55% in US Dollar terms) increase in share value. Of the total shares traded, 10,000,000 NICO shares were traded as a special bargain.

Tuesday, August 14, 2018

Cama brands Escom most corrupt, inefficient - The Nation Online

Cama brands Escom most corrupt, inefficient - The Nation Online: Consumers Association of Malawi (Cama) executive director John Kapito has branded Electricity Supply Commission of Malawi (Escom) the most corrupt, nonperforming and State captured institution.

The consumer rights watchdog has since urged Escom to improve if it is to effect the tariff hike it is seeking to implement over the next four years.

Monday, August 13, 2018

China advances plan to build $2.5bn Zimbabwe to Mozambique railway - News - GCR

China advances plan to build $2.5bn Zimbabwe to Mozambique railway - News - GCR: China advances plan to build $2.5bn Zimbabwe to Mozambique railway
13 August 2018 | By GCR Staff
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China Railways has proposed the construction of a $2.5bn rail link between the neighbouring states of Mozambique, Zambia, Malawi and Zimbabwe. As with the high-speed, east-to-west links in Kenya and Tanzania, the aim will be to give landlocked countries – and the Chinese companies operating there – access to Indian Ocean ports.
According to the website Macauhub, the “Trans-Zambezi” line was discussed by a delegation from China Railways, headed by Vice President Shao Gang, which flew into Harare at the end of last month

Malawi News Agency Online - Malawi and Zambia sign power supply pact

Malawi News Agency Online - Malawi and Zambia sign power supply pact: Lilongwe, August 10, 2018: Electricity Supply Corporation of Malawi (ESCOM) and Zambia Electricity Supply Corporation (ZESCO) on Wednesday this week signed a power supply agreement which will see Malawi import 20 megawatts (MW) of electricity from Zambia by the end of September, 2018.�

It is largely believed that the signed power supply agreement will boost chances of foreign investors to come and invest in Malawi besides the development reducing hours of power interruption amongst the citizens.

Minister of Natural Resources, Energy and Mining, Aggrey Masi, witnessed the signing ceremony on August 8 (2018) in Lusaka, Zambia between the two power supply institutions.

Briefing the media in Lilongwe on Thursday on his arrival from Zambia, Masi described the power supply agreement as a historical achievement.
“The signed power agreement is a landmark achievement. With these 20 megawatts, we will be greatly assisted,” he said.

Environmental Close Up on Sunday; Inside Malingunde Graphite Project in Lilongwe - The Maravi Post

Environmental Close Up on Sunday; Inside Malingunde Graphite Project in Lilongwe - The Maravi Post: LILONGWE-(MaraviPost)-The Malingunde Graphite Project is one of the country’s mining which will be located approximately 15 kilometers (km) southwest of the capital Lilongwe.

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At the hem of Traditional Authority (T.A) Masumbankhunda, the project is under feasibility studies to determine the viability of a Graphite mine.

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Currently, Sovereign Metals Services is also conducting an environmental and social impact assessment (ESIA), as a requirement by the Environment Management Act (No 19 of 2017).