The Mozambican government made a bad deal when it financed the participation of the state-owned Empresa Nacional de Hidrocarbonetos (ENH) in...
Business
One-stop border between Mozambique and South Africa not expected to be operational until 2027
The government assured on Thursday (09) that the one-stop border between Mozambique and South Africa should...
Mobile operators announce new packages after intense social protest
Mozambique's National Communications Institute (INCM) and mobile phone operators announced yesterday that they will be launching...
Niassa to start producing Clinker next August
The province of Niassa, in the north of the country, will produce 200,000 tons of Clinker per year,...
Cotton export revenues fell by 6.3% to 34.3 million dollars last year
In 2023, sales of cotton crops earned the country around 34.3 million dollars, which corresponds...
Imports of goods fell 31.2% to 9.1 MM$ last year
In 2023, Mozambique recorded a decrease of 31.2% in imports of goods, totaling 9.1 billion dollars, the...
Amazon launches online shopping service in South Africa
Amazon has just launched its online shopping service in South Africa today, defying a series of...
Foreign Direct Investment in Mozambique increased by 2.1% to 2.5 MM$ in 2023
In 2023, Mozambique recorded a 2.1% increase in the flow of Foreign Direct Investment (FDI), totaling 2.5 billion...
Oil stabilizes on US jobs data, biggest weekly loss in 3 months
Oil prices closed lower on Friday and recorded their biggest weekly loss in three months, with the...
More than 1.3 million tons of crude cooking oil imported
Mozambican vegetable oil refineries have imported more than 1.3 million tons of crude cooking oil in the last eight...
Cabo Delgado: ExxonMobil moves ahead with LNG project
ExxonMobil is "optimistic and moving forward" with the Rovuma liquefied natural gas (LNG) project in Cabo Delgado, according to...
Exports of goods earned Mozambique 8.2 billion dollars last year
Sales of goods by the Mozambican economy to the rest of the world earned the country 8.2 billion...