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Friday, April 26, 2019

Our Comments on Magufuli's visit  to Malawi

https://www.youtube.com/watch?v=jt6zrkoOJts

Magafuli talked about key economic issues - the Mtwara port, the improvements at Dar port and the Songwe border post.  Shame that we as a landlocked country should be told by others about the need for access to new ports.

We have failed to understand and exploit our strategic position in the new transport re-ordering as access to Asia becomes an important preoccupation.  Malawi runs South-North to the East of Zambia, DRC, parts of Mozambique and even Zimbabwe which is building an extension of its railroad to join the  Nacala route about which we have been so passive. We could exploit our strategic position to connect these countries through Malawi Making Nkhata Bay and Liwonde important nodes for the region.  The multiple routes would also reduce our vulnerable and make our road-connected rather land-locked image a credible one.

We have been holding up the Songwe border for five years!.  We have been slow in finding funds that would connect Zambia to Nkhata Bay-Mbamba Bay-Mtwara route although this would be an easy project to fund.   Both the Songwe and Nkahta Bay have received financial support but it would seem Malawi is the reluctant or inefficient partner in all this. And it could easily fit into the China One Belt One Road.

Our host had quite precisely identified the issues to discuss. We had nothing to say about any of these things.  Instead, we worried about illegal migration which is probably not anybody/s mind in the region, especially when the main talking point is the ease of mobility in Africa. It was so embarrassing.

We obviously had no economic issues to talk about.  Our preoccupation was electoral.

What a waste of opportunity once again. And we wonder why we are so poor.

PCL profit down 7% | The Times Group

PCL profit down 7% | The Times Group: PCL profit down 7%
Posted By: Tom Sangalaon: April 25, 2019In: BusinessNo Comments
By Taonga Sabola:

Malawi Stock Exchange-listed conglomerate Press Corporations Limited (PCL) has posted a 7 percent drop in profitability for the year ended December 31 2018.

In a statement on Wednesday, the firm says it recorded an after-tax profit of K36.71 billion in 2018, down from K39.67 billion in 2017.

Mining in Malawi



Mining in Malawi is one of the best sources of news on mining in Malawi.

https://mininginmalawi.files.wordpress.com/2019/04/mining-trade-review-march-2019-electronic-copy.pdf

SAPP faces Herculean task to achieve mandate ... Angola, Malawi and Tanzania still reluctant to join || The Southern Times

SAPP faces Herculean task to achieve mandate ... Angola, Malawi and Tanzania still reluctant to join || The Southern Times: The SAPP has an installed capacity of 62 GW (62 000 MW) but only 54 GW (54 000 MW) is available at the moment.

SAPP has a mandate of providing a forum for the development of a world-class, robust, safe, efficient, reliable and stable interconnected electrical system in the southern African region.

However, the regional power pool is facing challenges amid poor economic performances by member states.� Other challenges include the reluctance by Angola, Malawi and Tanzania to interconnect their national power grids onto the SAPP grid.

South Africa’s Eskom, which is SAPP’s bigg

Firms pressure government to restrict oil seed exports | The Times Group

Firms pressure government to restrict oil seed exports | The Times Group: The country’s major oil seed producers have been pushing the government to put a restriction on the exports of oilseed, especially soya, in an attempt to keep prices down, Times Business has established.

Among other things, the firms are said to be pushing for the imposition of $100 per tonne levy on soya bean exports so that domestic prices fall.

But the move has attracted the wrath of agriculture stakeholders who have described the move as retrogressive and in conflict with the principles of Control of Goods Act.

Business | The Times Group

Business | The Times Group: Public debt rise worries industry
Posted By: Tom Sangalaon: April 25, 2019In: BusinessNo Comments

By William Kumwembe: The Malawi Confederation of Chambers of Commerce and Industry (MCCCI) has reiterated that public debt is stifling the country’s economic growth strides. In its 2019 firs... Read more

Thursday, April 25, 2019

India and Africa to jointly set up agricultural institute in Malawi

India and Africa to jointly set up agricultural institute in Malawi: Ministry of External Affairs in India has signed an MoU agreement with National Bank for Agriculture and Rural Development Consultancy Service (NABCONS) to set up India-Africa Institute of Agriculture and Rural Development (IAIARD) in Malawi
The move aims to enhance capacity in the areas of agro-financing and entrepreneurship development for African countries. (Image source: IBM Research/Flickr)

The move aims to complement the efforts of the Government of India to enhance capacity in the areas of agro-financing and entrepreneurship development for African countries.

IAIARD will be a Pan-African Institute wherein trainees not only from Malawi but also from other African countries, will receive training to develop their human resources and build their capacity.

Wednesday, April 24, 2019

Rebasing GDP winds up December—NSO - The Nation Online

Rebasing GDP winds up December—NSO - The Nation Online: Rebasing GDP winds up December—NSO
Grace Phiri
April 23, 2019
0 Comments
National Statistical Office (NSO) says it will complete rebasing the country’s gross domestic product (GDP) in December this year.

The exercise seeks to capture the current structure of the economy.

In a written response, NSO spokesperson Kingsley Manda said on Friday the exercise, which is included in the economic census, will cost K800 million and is jointly being funded by the African Development Bank (AfDB) and Malawi Government.

Tuesday, April 23, 2019

Malawi Housing Corporation Builds New Houses

Doesn't MHC  have any access to architects? This design has been with us forever and makes for tedious neighborhoods



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Just comp[are with this from Ghana

http://johnmahama2016.blogspot.com/2016/09/housing-under-president-mahama.html

Or Dar Es Salaam
https://www.thecitizen.co.tz/magazine/Watumishi-Housing-targets-diaspora/1840564-4960402-5ixyao/index.html

Malawian Airlines to sustain Chileka route, says official - The Nation Online

Malawian Airlines to sustain Chileka route, says official - The Nation Online: Malawian Airlines to sustain Chileka route, says official
Nation Online April 22, 2019 0 Comments
Malawian Airlines says it will sustain operations at Chileka International Airport by introducing a direct flight to Johannesburg, South Africa, despite the main runway being closed for renovations.

The Department of Civil Aviation (DCA) last week announced that it will close the main runway for three months from April 24 July 23 2019 for renovations