The United Nations Economic Commission this Tuesday revised downward the growth forecast for African economies
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May 11, 2021May 11, 2021Economy
Economic Climate Indicator falls in the first quarter
The Economic Climate Confidence (ECI) indicator recorded a slight drop in the first quarter of 2021, when compared to the fourth quarter of 2020, reveals the National Institute of Statistics
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May 11, 2021May 11, 2021Business
Business sector expects improved business environment in the second quarter
The Confederation of Mozambican Business Associations (CTA) believes that the business environment in the country may improve with the likely introduction of new regulatory instruments
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Mining company Vale invests 290 million meticals in local content in Mozambique
Vale Mozambique announced that last year it invested more than 290 million meticais in the acquisition of products and services from national companies
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May 11, 2021May 11, 2021Business
Alcoholic beverage sector suffers damage from pandemic restrictions
The Association of Producers and Importers of Alcoholic Beverages complains of heavy losses resulting from the restrictions imposed by the Government
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May 11, 2021May 11, 2021Economy
Mozambique registers deflation in April compared to the previous month
Mozambique registered deflation (price reduction) in April compared to the previous month
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Insurgency in Cabo Delgado: Portugal sends another 60 troops to Mozambique on training mission
Portugal will send 60 more troops to Mozambique as part of a new cooperation agreement aimed at helping the country tackle an insurgency linked to Islamic State in Cabo Delgado province
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Cabo Delgado: EU training mission to start with 200 to 300 troops
The head of European diplomacy revealed in an interview to Portuguese radio Renascença that the EU is considering sending 200 to 300 military trainers to Mozambique
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CTA Reports Drop in Corporate Billing
The Confederation of Business Associations of Mozambique (CTA) reports a marked drop in business turnover
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May 10, 2021May 10, 2021Oil & Gas
Eni Maintains Drilling Plans in Angoche
Italian oil company Eni is still planning to open at least one oil exploration hole later this year