The President of Botswana, Duma Boko, on Saturday (29) expressed his interest in strengthening bilateral, lasting and sustainable cooperation with Mozambique in the areas of energy generation, transmission and distribution for both countries. Speaking during a visit to the Maputo Thermoelectric Power Plant (CTM), in the company of the Minister of Transport and Logistics, João Matlombe,...
Violations of the closed season in the fishing sector continue to worry the authorities. In fact, from November 15 last year to March 14 this year, more than eight tons of fish were seized, a figure that, despite being lower than in the previous period, raises concerns about compliance with the restriction. According to...
Micro, small and medium-sized enterprise (MSME) entrepreneurs in the provinces of Nampula, Cabo Delgado and Tete will be able to receive 320 million meticais under the Business Recovery Fund, a Mozambican government program financed by the World Bank. The Business Recovery Fund was launched this Friday (29) in the city of Nampula by President...
The Mozambican Fuel Importer (IMOPETRO) assures that there is enough liquid fuel to cover 22 days, contrary to the shortage of this product in the center and north of the country. This guarantee comes at a time when some consumers in the city of Beira, for example, are facing difficulties in acquiring gasoline, a situation that prevails...
The Zóbuè border post, located in Tete province and one of the main entry and exit corridors between Mozambique and Malawi, has recorded an estimated loss of around 6.6 million meticais, as a result of the interruption in the collection of road and customs transit fees. According to a report in the newspaper Notícias, the impact...
Mozambique is speeding up preparations for its participation in the world exhibition, called EXPO-2025, to be held from April 13 to October 13 in Osaka, Japan. The Mozambican delegation intends to showcase its potential in sectors such as mineral resources, energy, fishing, agriculture, tourism, culture and social projects, as well as exposing its image to...
The Italian government will provide 23.5 million dollars to support a program to encourage youth entrepreneurship in Mozambique, called IN4JOB. The support was announced last week during a meeting between the Italian ambassador to Mozambique, Gabriele Annis, and the Minister of Youth and Sport, Caifadine Manasse. According to a statement from the Embassy of...
A delegation of businesspeople from India, from various branches of activity, expressed their interest in exploring more business opportunities in the pharmaceutical industry, energy, mining, agribusiness and others. According to the High Commissioner of India in Mozambique, Robert Sheki Shetkintong, the sharing of experiences between business sectors in India and Mozambique reaffirms the...
Severe tropical storm Jude, which hit Nampula province a few days ago, destroyed more than 50 boats, a situation that could have a negative impact on this year's fishing production targets. Of this number of boats, some were totally destroyed, others partially destroyed and dragged away, and have not been recovered so far. To...
The Confederation of Economic Associations of Mozambique (CTA), the largest private entity in the country, warned this Monday that the high tax burden has contributed to the "zero profitability" of companies, calling on the government to restrain the introduction of new taxes. According to the association's president, Agostinho Vuma, who was speaking in Maputo during the ceremony to celebrate the...