The President of the Republic, Filipe Nyusi, today inaugurated the duplicated line of the Ressano Garcia railway terminal (Phase 1) and the expanded passenger terminal, in the city of Maputo, as part of the 129th anniversary of the Caminhos de Ferro de Moçambique (CFM) company. "With this project, the Ressano Garcia Line will meet the demand for...
Author: Emidio Massacola (Emidio Massacola)
INCM shows no evidence of unfair competition between Tmcel, Vodacom and Movitel
INCM resorts to strategy of not specifying legal bases for imposing new tariffs INCM presents no evidence of anti-competitive tariff practices between the three telephone operators in the country The Competition Regulatory Authority (ARC) says that the National Communications Institute of Mozambique (INCM) is acting irregularly within its...
Government says there are no conditions to declare a State of Emergency in Cabo Delgado
The spokesman for the Council of Ministers said today in Maputo that there are no conditions to decree a State of Emergency in the province of Cabo Delgado, which is witnessing an upsurge in terrorist attacks. http://896.424.mywebsitetransfer.com/cabo-delgado-insurgentes-intensificam-ataques-em-muidumbe-macomia-e-chiure/ "It is not yet understood that conditions have been created to decree a State of Emergency or State of Siege in Cabo Delgado....
Terrorism: Latest attacks led to more than 67,000 people fleeing Cabo Delgado
The latest terrorist attacks have led 67,321 people to move from their areas of origin in Cabo Delgado province to safer places, the spokesman for the Council of Ministers said today. According to Filmão Suaze, the figure corresponds to 14,270 families who have sought refuge in the district of Eráti, in the border province of Nampula,...
Port of Maputo to invest 15 million dollars in social responsibility projects
Sociedade de Desenvolvimento do Porto de Maputo (MPDC) is to invest 15 million dollars in social responsibility projects, revealed the Director General, Osório Lucas. As he explained recently in a meeting with journalists, this is an investment in addition to the new Port of Maputo concession addendum, valued at just over 2.6 billion...
Port of Maputo: Government and MPDC sign 2.6 billion dollar concession contract
On Friday (23), the government and the Maputo Port Development Company (MPDC) signed an addendum extending the concession contract for the Port of Maputo. The deal is valued at 2.6 billion US dollars and authorizes MPDC to continue its operations in Maputo for another 25 years, counting from...
Government in grey area over FMA's fate in LAM management
The government has reservations about moving forward with the possible decision on whether or not Fly Modern Ark (FMA) will continue to manage Mozambique Airlines (LAM). "Regarding the renewal or conclusion of the contract, I say that these are aspects that are under discussion. There are very critical details. As a government, we understand that they need to be...
Combating kidnappings: CTA suggests revising SERNIC's statute and betting on AI
The President of the Economic Associations of Mozambique - CTA, Agostinho Vuma, suggested, on Thursday (22), in Maputo, strategies to combat kidnappings and abductions, including revising the organic statute of the National Criminal Investigation Service (SERNIC), creating a specific force and investing in the use of Artificial Intelligence (AI). According to the representative...
Business performance registers timid advance in the last quarter of 2023, according to CTA
The Business Robustness Index in Mozambique advanced by one percentage point in the last quarter of 2023, standing at 30%, compared to 29% in the previous quarter, the President of the Economic Associations - CTA revealed today. "This performance, although higher than the previous quarter, is quite fragile," said Agostinho Vuma, at the presentation of the 14th edition of the...
State could raise 8 billion dollars with new Port of Maputo concession
The Mozambican state could raise around eight billion dollars by extending the concession contract for the Port of Maputo, the Director General of the Port of Maputo Development Company revealed on Wednesday (21). The government has decided to extend the Port of Maputo concession contract for another 25 years,...