Passengers and freight transported by rail in Mozambique increased in the second quarter of this year compared to the same period in 2020, rising 44% and 20%, respectively, the National Statistics Institute announced
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National foreign trade grows 41% in the second quarter of 2021
Mozambique's foreign trade grew in the second quarter of this year when compared to the same period in 2020, according to the latest summary of the economic situation published by the National Institute of Statistics
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Manuel Gameiro appointed new Chairman of Nedbank Moçambique
Nedbank Mozambique announced this Wednesday the appointment of Manuel Gameiro as the new Chairman of the Board of Directors (PCA). An economist by profession, Manuel Gameiro has over 26 years of experience in the financial sector and the economy. He holds a Master's degree in Banking and Finance from the University of Wales, Bangor, UK, and a degree in Economics...
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Portugal to support Mozambique in expanding water supply systems
The Portuguese Minister for the Environment and Climate Action expressed on Wednesday in Maputo, Portugal's openness to support and share experiences with Mozambique in the expansion of water supply systems in the African country. "Portugal wants to intensify the sharing [of experiences] with Mozambique," said João Pedro Matos Fernandes, on the sidelines of the international conference...
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Mozambique regulates access to energy in off-grid areas
The Council of Ministers approved this Tuesday a regulation for access to energy in areas outside the national power grid, announced the spokesman for the body, Filimão Suaze
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Council of Ministers redefines port jurisdiction areas
The Council of Ministers approved this Tuesday a decree-law that redefines several areas of port jurisdiction to accommodate the demand for investors, announced the body's spokesman, Filimão Suaze
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Construction sector confidence continues to fall in Mozambique
Between April and June, business confidence in the construction sector continued to decline for the sixth consecutive quarter. Recent data published by the National Statistics Institute (INE) explains that the unfavorable assessment of confidence was influenced by the drop in all components of the sector's summary indicator. In this fall, the highlight...
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Mozambique experiences price increases after four months of deflation
Mozambique again registered price increases in August, after four consecutive months of deflation, the National Statistics Institute (INE) announced.
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Palma and Mocímboa will have power again by the end of the month
By the end of this month, the electric power supply will be re-established in the districts of Mocímboa da Praia and Palma, in Cabo Delgado, interrupted following the terrorist attacks
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Mozambican entrepreneurs present portfolio of projects at Annual Conference
Mozambican entrepreneurs will present a portfolio of projects valued at around 850 million dollars, at the next Annual Private Sector Conference, CASP, which will take place, in November of this year