The company Rede Viária de Moçambique (REVIMO), responsible for the construction, conservation and operation of several national roads, has reached 1.2 billion meticais in tax obligations paid to the government over the last five years. The information is contained in a recent presentation on the performance of REVIMO's activities since its establishment in 2020, cited...
CFM announces the first fuel convoy to Malawi from the Port of Beira
This Tuesday (10), Caminhos de Ferro de Moçambique (CFM) dispatched its first fuel train to neighboring Malawi, via the Dona Ana-Vila Nova da Fronteira branch, in the central province of Tete. "The train left the Port of Beira with 48 tank trainers (24 platforms), and its final destination was the city of Marka,...
Galp abandoned Area 4 gas due to new commitment to low carbon intensity projects
Portuguese energy multinational Galp, which recently concluded the divestment of Area 4, in the Rovuma basin, Cabo Delgado province, northern Mozambique, says that the decision is part of its strategy to focus on high return, low cost and low carbon intensity projects. According to Galp's CEO, Filipe Silva, who...
Mozambique to increase coal exports to Vietnam
Vietnam could increase the volume of coal imports from Mozambique to feed its industry, especially for the production of electricity. The intention was expressed during a meeting in the capital Hanoi between the management of Vietnam National Coal & Mineral Industries (Vinacomin) and Mozambican President Filipe Nyusi, who...
Ruby Mining raises 2.3 million dollars at ruby auction
London-based mining company Gemfields announced yesterday, Thursday (05), that it had raised 2.3 million dollars in an auction of commercial rubies. The stones sold from September 2nd to 4th (Monday to Wednesday) were mined in the Montepuez district, in northern Mozambique, by Montepuez Ruby Mining Limitada (MRM), which owns...
INAE closes 355 Bottle Stores installed in inappropriate locations
A total of 355 establishments selling and consuming alcoholic beverages in inappropriate places, especially educational establishments, were closed down by the National Inspectorate of Economic Activities (INAE) throughout the country. The information was given yesterday, Wednesday (04), at the Seminar on Children in Conflict with the Law, the Prevention...
Non-compliance with the timetable leads to the closure of 167 establishments in Maputo city
The Maputo City Council (CMM) closed 167 establishments found to be operating after 9pm, in violation of the council's rules on opening hours between August 12th and 31st. "Twenty-four awareness-raising actions were carried out and 167 establishments were closed down for non-compliance with opening hours," said Arsénia Miambo, spokesperson...
Mozambique signs agreement to export three more agricultural products to the Chinese market
Mozambique has open doors to export three more agricultural products to the Chinese market, namely macadamia nuts, cowpeas and cashew nuts, under an agreement signed today, Tuesday (03), in Beijing. According to a report in the newspaper Domingo, the agreement was initialed as part of the visit by the President of the Republic, Filipe Nyusi, to...
Mining: Mota-Engil announces a 576 million dollar increase in its order book
Mota-Engil announced today that it has increased its order book in the Mozambican market by 576 million dollars following the amendment and extension of the mining contract in Moatize, Tete province. "Continuing the services provided within the scope of the mining project at the Moatize Mine, located in the town of Moatize, Tete, Mota-Engil...
FACIM 2024: Cabo Delgado received more than 62.9 MM meticais in development projects
The government of Cabo Delgado revealed last Friday (30) that more than 62.9 billion meticais, equivalent to one billion dollars, have already been invested in development projects in that province, located in the north of Mozambique. Speaking during a seminar on business and investment opportunities in the provinces of Nampula, Cabo Delgado...