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Tuesday, June 30, 2015

Fuel coverage increases 100%

Fuel coverage increases 100% | The Times Group: "Malawi’s fuel coverage has jumped from a ten day cover experienced immediately after the 2012 scarcity to over 20 days cover now owing to improved inflow of the commodity over the years."



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Fastjet to start flights to Malawi in July

Fastjet to start flights to Malawi in July - Proactiveinvestors (UK): "Fastjet (LON:FJET) is to launch its sixth international route after being granted permission to fly to Malawi from its base in Tanzania.

Flights between Dar es Salaam in Tanzania and Lilongwe, the capital of Malawi, will commence in July with tickets to go on sale immediately."



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Sunday, June 28, 2015

Malawian kwacha bucking the trend… for now | beyondbrics

Malawian kwacha bucking the trend… for now | beyondbrics: "In the last six to eight months, most emerging and frontier currencies have weakened against the US dollar. One explanation is the likelihood of the US Federal Reserve raising rates at its September policy meeting, making US assets comparatively attractive. Meanwhile, the possibility of a ‘Grexit’ is exacerbating the need for investors to buy safe haven assets, of which dollar assets are among the most "



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Malawi, Mozambique discuss transit hurdles | The Times Group

Malawi, Mozambique discuss transit hurdles | The Times Group: "Malawi and Mozambique held bilateral trade talks in Maputo, Mozambique on Wednesday where they, among other things, discussed problems Malawian transporters face when moving goods to and through Mozambique."



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Friday, June 26, 2015

"The government of Malawi through the Lilongwe University for Agriculture and Natural Resources (Luanar) has installed an equipment to detect levels of aflotoxin, a fungal disease in groundnuts.Luanar Principal Investigator, Virginia Mangwela, said Thursday that the groundnuts from Malawi and other Southern African Development Community (SADC) countries receive high rejection rate from European countries due to the disease."



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Malawi cash scandal reaches SA

Malawi cash scandal reaches SA | News | Africa | M&G: "The Malawian authorities are investigating the Malawi Defence Force’s (MDF) payment of a whopping 1.9-billion kwacha (R60-million) to a South African company that allegedly provided nothing in return – and shifted half the money to its bank account in South Africa"



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Chipata dry port to cost US$10m

Times of Zambia | East dry port to cost US$10m: "GOVERNMENT says the setting up of a dry port and other facilities at Chipata –Mchinji railway line is expected to gobble approximately US$10 million.
Eastern Province Permanent Secretary Chanda Kasolo disclosed in Chipata last Friday that a good number of facilities needed the services of the dry port"



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