Growth momentum in the private sector accelerated in June, according to Standard Bank's PMI indicator, which reflects private sector expectations about the economy
Business
Shrimp and crab catching licenses generate 200 million meticais
About 200 million meticais were generated during the first half of 2021 through licensing for shrimp and crab catching, a performance valued at 56%
EDM strengthens interconnection with countries in the region
The strengthening and expansion of the transmission system and interconnection with neighboring countries is one of the priorities of the public company Electricidade de Moçambique
ADB supports chicken production in Zambezia and Niassa
The African Development Bank (ADB) announced support of 60 million meticais for the acquisition of chicken production kits, for new breeders in Zambezia and Niassa provinces
There is a delay in connecting the Mozambique and Malawi railway line
Work to connect the railway line between Malawi and Mozambique through Nsanje and Mutarara has not yet started on the Malawian side, with nine months left to go
Chókwè Banana arrives on the South African market
The information was advanced, last week, by the company's management, on the occasion of the working visit of the Gaza governor to the district. On the occasion, Júlio Langa mentioned that the company has conditions for the production of other crops such as sugar cane, vegetables and cotton
Mozambique sells majority stake in Nphanda Nkua for 2.4 billion
Mozambique plans to sell a majority stake in the planned Mphanda Nkuwa hydroelectric dam, which will be one of the largest in southern Africa, according to Carlos Yum, the director in charge of the project
Maputo International Fair Will Be a Hybrid Model
The 56th edition of this year's Maputo International Fair (FACIM), to be held from August 30 to September 5 this year, will, for the first time, be held on a face-to-face and virtual basis, as a way to prevent the spread of covid-19, as a result of the potential agglomeration of exhibitors and visitors
Luísa Diogo defends the improvement of the business environment in the country
Mozambique's former Prime Minister defends the profound transformation of procedures, in the public and private sectors, to improve the country's business environment
Banco Único becomes Nedbank Moçambique as of the end of this month
The single bank will be renamed, as of June 28, "Nedbank Moçambique
Botswana announces discovery of third largest known diamond in the world
Botswana's diamond company, Debswana, announced Wednesday the discovery of a 1,098-carat diamond in that southern African country
Wheat Oscillation puts bakery industry on alert
The Mozambican Association of Bakers (AMOPAO) recently put on the table a proposal to increase the price of bread from 10 to 12 Meticais due to the rising cost of acquisition of the main raw material, wheat