On Wednesday morning (24), Hidroeléctrica de Cahora Bassa (HCB) S.A. officially launched its new "Supplier Portal" in Maputo. According to a statement from the company, the main aim of the new "Supplier Portal" platform is to ensure compliance with the company's procurement policies and procedures, as well as improving and streamlining...
Industry Minister defends Arab investment opportunities in various areas
The Minister of Industry and Trade, Silvino Moreno, said today, Wednesday (24), in Maputo, at the opening of the Arab Business and Investment Forum in Mozambique, that the country should capture Arab investment opportunities in various socio-economic areas. According to Silvino Moreno, quoted by the newspaper Domingo, the highlight for investment is agriculture, energy,...
Augusta Maíta appointed executive director of the Millennium Challenge Account
The Government, through the Council of Ministers, approved a resolution appointing Augusta Maíta to the position of Executive Director of Millennium Challenge Account (MCA) - Mozambique, replacing Higino Marrule. The decision was taken this Tuesday at the twelfth ordinary session of the Council of Ministers in Maputo. Prior to this appointment, Augusta Maíta held...
Government suspends issuance of crab-catching licenses in Zambézia
The fisheries authorities in Zambézia province, in the center of the country, have suspended the issuing of new licenses for the capture and export of mangrove crab, as a measure to avoid "the risk of extinction of that species". According to the head of the Department of the Sea, Inland Waters and Fisheries at the Provincial Services of...
Mozambique plans to produce 210,000 tons of sugar this season
Sugar production in Mozambique could reach 210,000 tons in the 2024-25 campaign, a slightly upward trend compared to the previous season, when indicators were set at around 200,000 tons. According to the executive director of the Association of Sugar Producers of Mozambique (APAMO), Orlando da Conceição, despite this development, the...
"Roque Silva's appointment to HCB is an opportunity for electoral political funding" - CIP
The Centre for Public Integrity (CIP), a Mozambican non-governmental organization (NGO), says that the fact that prominent former members of the ruling political party take up positions in state companies indirectly controlled by their party (Frelimo) raises suspicions about possible conflicts of interest and undue favours based on political connections. Highlighting a recent example of...
Judge refuses to prevent Royal Group from selling seized agricultural goods to ETG
A judge has refused to suspend the court decision that allowed the Royal Group to sell agricultural products worth tens of millions of dollars, seized last year from the commodities trading company ETG. In December last year, the Royal Group raided ETG's warehouses in Nacala and took 57,000 tons of...
Fintechs send planes with cash to Zimbabwe to meet demand for dollars
At least once a month - and sometimes up to three times a week - a private plane lands in a secure area of Robert Gabriel Mugabe International Airport, on the outskirts of Zimbabwe's capital, Harare, carrying millions of US dollars. The pallets of cash are unloaded, divided into packages and then distributed to points...
Minerals: Kenmare recorded an increase in production of around 342,000 tons in the second quarter
Kenmare reported Heavy Mineral Concentrate (HMC) production of 342,600 tons in the second quarter of this year, an increase of 7% compared to the same period last year. Meanwhile, ilmenite production of 238,600 tons increased by 8%. Primary zircon production reached 13,000 tons, an increase of...
HCB sets production at 8,396.38 GWh in the first half of 2024
By the end of the first half of 2024, Hidroeléctrica de Cahora Bassa (HCB) had recorded hydro-energy production of around 8,396.38 GWh. This is 3.44% more than planned for this period. "This production in the first half of the year represents an increase of 4.77% compared to the same period in 2023," says...