In a debt crisis for several years now, the South African petrochemical company, Sasol, has already started to divest part of its assets in Mozambique
Author: MZNews (MZNews )
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May 14, 2021May 14, 2021Markets
Gold Advances on Signs of Inflationary Pressure
Pressure from the possibility of a strong rise in the inflation rate in the United States is being reflected in a greater bet by investors in assets considered safe haven
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Air France postpones start of flights to Maputo
The French company Air France announced the postponement of the start of flights connecting Maputo and Paris, initially scheduled for June
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"Exit of Total subcontractors shows that Mozambique is insecure for Investment"
In Cabo Delgado, at least two companies subcontracted by Total for its liquefied natural gas project have begun dismantling and removing infrastructure in Palma
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"Sharp exchange rate variations affect private sector planning" - ADB
The resident representative of the African Development Bank (ADB), Pietro Toigo, is not too worried about the strengthening of the Metical against the dollar
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May 14, 2021May 14, 2021Companies
More than 400 private companies join the vaccination program
More than 400 Mozambican companies have joined UNIVAX - an initiative that brings together companies and civil society organizations
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May 14, 2021May 14, 2021Companies
Confirmed! Vale to withdraw from coal mining in Mozambique
The Brazilian mining company Vale will indeed withdraw from the coal business. The position was advanced by the Minister of Mineral Resources and Energy, Max Tonela
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Mozambique Participates in the Summit on Financing African Economies
Paris will welcome next Tuesday, May 18, about 15 African leaders
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European Union Supports Mozambique's Integration into the Free Trade Area
The Ambassador of the European Union (EU) in Mozambique, António Sánchez-Benedito, reaffirmed this Wednesday in Maputo, the commitment of his organization in supporting the country's integration into the African free trade area
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May 14, 2021May 14, 2021Economy
World Bank Donates $100 Million to Support Mozambican Companies
The World Bank has approved a $100 million financial grant from the International Development Association (IDA) for a project