The population of Mabime, in the district of Inhassoro, Inhambane province, blocked two vehicles belonging to the multinational company Sasol yesterday morning (Friday 20th) and "detained" two of its employees. The action comes as a way of demanding solutions to outstanding problems related to promises made by the company and the government. According to the newspaper...
The Portuguese airline Transportadora Aérea de Portugal (TAP) has decided to take precautionary measures regarding the safety of its crew on flights between the Mozambican capital, Maputo, and Lisbon, Portugal, in view of the approaching date for the Constitutional Council (CC) to pronounce on the results of the...
The suspension of the Balama graphite mine in Cabo Delgado due to the political and social crisis threatens the interests of the electric car industry in the United States and Australia. This suspension of operations at the Balama graphite mine in Cabo Delgado has resulted in a 28% drop in the value of the company's shares....
Digital platforms, specifically international tourist service platforms, will be obliged to pay taxes on their transactions related to tourist resorts operating in the country. The initiative arises from the Mozambican state's observation that these companies specializing in travel bookings operate in the country, earn commissions, but these are not...
Inflation in Mozambique is expected to rise from 3.1% this year to 5.4% in 2025, according to the latest estimates by British consultancy Oxford Economics. This forecast is driven by factors such as climatic phenomena, namely El Niño, and the impacts of post-election violence. "Inflation is likely to face upward pressures in 2025 due to the adverse effects...
The Mozambican government has announced the creation of 94 multi-sector brigades to step up inspections of the trade in expired and/or damaged products, including price speculation and the use of pyrotechnics during the festive season in the country. According to a report in the newspaper Notícias, which quotes the spokesman for the National Inspectorate of Economic Activities...
The World Bank has announced that 75 million dollars will be made available to build 11 water supply systems in the same number of districts in Nampula province, northern Mozambique. According to a report in Rádio Moçambique, the amount is also earmarked for the construction of 150 boreholes. According to the director...
The ministers of Home Affairs of Mozambique and of International Relations and Cooperation of South Africa have decided to keep the border open and to strengthen the security of the infrastructures that guarantee the flow of trade between the two countries, which is being affected by the protests that have been taking place in Mozambican cities since October 21....
Banco de Moçambique has just appointed Osvaldo Benedito Chiluvane, a senior staff member of the institution, as resident inspector of Absa Bank Moçambique, with effect from December 18, 2024. In a statement sent to our newsroom, Banco de Moçambique justifies the appointment by the need to strengthen the monitoring...
The export of natural gas produced in the Mozambican market amounted to 901 million US dollars in the first half of this year, an increase of 33% compared to the same period in 2023. "The increase in natural gas revenues is explained by the increase in the volume exported, associated with the start of exploration and export of...