Hidroeléctrica de Cahora Bassa, one of the largest energy producers in the region, received the award for "Largest Exporter to SADC" from the Ministry of Industry and Trade. The award took place on Monday (26.08), at the official opening ceremony of the 59th edition of FACIM, at an event led by Filipe Jacinto Nyusi, President of...
Moza Banco challenges the financial sector to embrace the technological revolution
The financial director of Moza Banco challenges finance professionals to be prepared for the new dynamics of technological transformation, which make artificial intelligence an increasingly relevant resource in the day-to-day running of organizations. Devan Manmoandas was speaking last Friday in Maputo at the first conference dedicated to professionals in the...
EDM launches new customer service center
The company Electricidade de Moçambique (EDM) launched its new customer service center today (27) at the Maputo International Fair - FACIM. This is a platform that will improve the quality of the service provided to consumers so that they can be more participative. Speaking on the occasion, the chairman of EDM's Board of Directors, Joaquim...
Manica: Government guarantees completion of bridge over Metuchira River by September
Construction and expansion work on the new bridge over the Metuchira River, located on the N6 in Inchope, in the Gondola district of Manica, is 95% underway and is expected to be completed and delivered in the first half of September. The guarantee was given by the Minister of Public Works, Housing and Water Resources, Carlos...
Port of Beira reaches all-time record of 442,000 TEU in cargo handling
The general cargo terminal at the Port of Beira, in Sofala province, central Mozambique, reached a historic milestone last July, with a monthly record of 442,000 tons handled (TEU), compared to 199,000 in the same period last year, representing a growth of 122%. The information was provided by...
LAM to increase aircraft next month and explore international routes
Linhas Aéreas de Moçambique (LAM) will increase the number of aircraft operating domestic and regional flights next month, the Chairman of the Board of Directors (PCA), Américo Muchanga, revealed today. "We do have the prospect of increasing the number of aircraft. I can say that it is indeed a duty. Because the only way to fly the 45 routes that...
Fiber optic break causes blackout in issuing letters and registrations at INATRO
The National Institute of Road Transport (INTRATO) is without a system for issuing licenses and registrations, due to the breakdown of Tmcel's optical fiber, which guarantees the signal to the institution's data center. According to a note from INATRO, "the support systems for the services provided by this institute, namely the issuing of...
LAM carried fewer passengers than expected in the first half of the year
The number of passengers transported by Mozambique Airlines (LAM), the national flag carrier, has fallen short of the desired number to be transported this year, according to the Chairman of the Board of Directors, Américo Muchanga. LAM intends to transport around one million passengers by the end of the year. As he explained in a brief...
AM Best reaffirms Credit Rating and highlights financial strength of Fidelidade Moçambique
Fidelidade Moçambique, Companhia de Seguros, SA has once again had its financial strength reaffirmed by the international rating agency AM Best. The agency maintained its rating of "B" (Fair) for Financial Strength Rating and "bb" (Fair) for Long-Term Issuer Credit Rating. ....
Zambézia: Coconut processing industry could start operating next month
The country's largest coconut processing complex, built in the middle of last year in the district of Mocubela, Zambezia province, in central Mozambique, is already in the completion phase and could start operating next September. Valued at around 4.8 million dollars, the project, according to a source from the company ST...