Maputo, Mozambique, 4 Oct – The Samora Machel bridge over the Zambezi River, in Mozambique’s Tete province, will be handed over to private management for 30 years and Portuguese-Mozambican consortium Estradas do Zambeze will be responsible for its operation and maintenance, said the consortium’s chairman, António Graça
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Monday, October 17, 2011
Joy Radio to Broadcast from Zambia
Beira port to double capacity by 2015 | The Zimbabwean
Beira port to double capacity by 2015 | The Zimbabwean: "Beira port to double capacity by 2015
The port of Beira, is expecting to double the cargo it handles within the next four years.
Last year, according to the daily newspaper “Noticias”, the port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011."
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The port of Beira, is expecting to double the cargo it handles within the next four years.
Last year, according to the daily newspaper “Noticias”, the port handled 1.29 million tonnes of cargo. In the first half of 2011 it has handled 720,000 tonnes and projections indicate that by the end of the year the total will reach 1.4 million tonnes. The port dealt with over 105,000 containers last year and more than 67,000 in the first half of 2011."
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Thursday, October 6, 2011
Economist says Malawi going the wrong way
Until recently, this impoverished southern African country of 16m people, stretched out along the shores of Lake Malawi, was a darling of international donors. Since President Bingu wa Mutharika (pictured above) came to power in 2004, the economy has flourished, with growth averaging more than 7% a year. Thanks to generous fertiliser subsidies, tobacco production, the economy’s mainstay, has soared and a food deficit has turned into a surplus. Child mortality has been halved, the HIV/AIDS pandemic (affecting 11% of the adult population) is under control and Malawi is one of just four countries in sub-Saharan Africa deemed likely to meet most of the UN’s Millennium Development Goals by 2015.
TO READ MORE CLICK HERE
TO READ MORE CLICK HERE
Wednesday, October 5, 2011
Bridge over Zambezi River in Mozambique to be managed privately OCTOBER 4TH, 201
Mozambique government approves JSPL's 2,640 MW coal-fired power plant news
| Naveen Jindal-led Jindal Steel & Power Ltd (JSPL) has received approval from the government of Mozambique to build a 2,640 megawatts coal-fired power plant in the country's coal-rich Tete province TO READ MORE CLICK HERE. | |
Paladin Energy announces early Kayelekera Mine processing plant, northern Malawi restart
Thursday, September 29, 2011
Power shortage in Sadc to continue - Newsday: Everyday News for Everyday People
Power shortage in Sadc to continue - Newsday: Everyday News for Everyday People: "ower shortage in Sadc to continue
Southern African Power Pool (SAPP) the regional power grouping, yesterday said the region has a shortfall of power and would not meet the required demand before 2014 when lined up transmission projects had been completed. "
Southern African Power Pool (SAPP) the regional power grouping, yesterday said the region has a shortfall of power and would not meet the required demand before 2014 when lined up transmission projects had been completed. "
Uranium miner seeks $70m in fresh funds
Uranium miner seeks $70m in fresh funds: "Uranium miner seeks $70m in fresh funds
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Price, Performance, History, Charts Investment Aims and Risk
IT IS not the best of times for a uranium producer to be tapping the market for fresh funding. But that is what ASX-listed African uranium producer Paladin Energy is doing, seeking up to $70 million from an institutional placement of shares."
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s
Price, Performance, History, Charts Investment Aims and Risk
IT IS not the best of times for a uranium producer to be tapping the market for fresh funding. But that is what ASX-listed African uranium producer Paladin Energy is doing, seeking up to $70 million from an institutional placement of shares."
'via Blog this'
Monday, September 19, 2011
Vodacom in Talks to Buy Stake in Malawi’s TNM, Daily Times Says - Bloomberg
Vodacom in Talks to Buy Stake in Malawi’s TNM, Daily Times Says - Bloomberg:
By Frank Jomo - Sep 19, 2011 8:59 AM GMT
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Vodacom Group Ltd. (VOD) began talks with Telekom Networks Malawi Ltd. (TNM) about buying a stake in the company, the Daily Times reported, citing people it didn’t identify.
Vodacom has previously expressed an interest in buying part of the Malawian company and TNM has been streamlining its operations to align with how Vodacom operates, the Blantyre- based newspaper said, without providing further details"
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By Frank Jomo - Sep 19, 2011 8:59 AM GMT
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Vodacom Group Ltd. (VOD) began talks with Telekom Networks Malawi Ltd. (TNM) about buying a stake in the company, the Daily Times reported, citing people it didn’t identify.
Vodacom has previously expressed an interest in buying part of the Malawian company and TNM has been streamlining its operations to align with how Vodacom operates, the Blantyre- based newspaper said, without providing further details"
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