The Industrial Association of Mozambique (AIMO) argues that megaprojects should boost the development of local industries and improve the lives of communities, as long as they operate in the country. The position was presented last Friday (14) at a meeting between AIMO and the Minister of Economy, during which the association asked for more access to funding....
A group of Ukrainian businesspeople has traveled to Mozambique to try to identify business opportunities and partnerships with Mozambican businesspeople in the areas of Agriculture, Energy, Information and Communication Technologies and Mining. The information was provided last Friday (14), in Maputo, by the member of the Natural Resources and Energy Department and the Mining sector at the...
US oil company ExxonMobil has announced that it has invested more than 20 million dollars in Mozambique since 2017 as part of its local content development strategy. According to a publication by Further Africa, which quotes the company's director of Public and Government Affairs in Mozambique, Armando Afonso, ExxonMobil plans to direct more investments in the economy...
The suspension of work at the Chongoene Port Terminal in Gaza province is putting around 200 jobs at risk and jeopardizing the export of more than 270,000 tons of minerals from the Chibuto heavy sands project. According to the Chongoene district administrator, Artur Macamo, quoted by...
Linhas Aéreas de Moçambique (LAM) has selected 14 companies in the first phase of the tender to acquire two lots of Embraer 190 and Boeing 737-700 aircraft, all of them in an unspecified number. According to a report in the Savana newspaper, which quotes a communication from the airline, LAM announced the notification of the...
The Mozambican government says that the increase in the cost of living in the country, which has already provoked public anger, is a direct consequence of the destruction of commercial establishments during the post-election demonstrations. According to the spokesman for the Council of Ministers, Inocêncio Impissa, who was speaking after the end of the 4th Ordinary Session held on Tuesday (11),...
X-HUB - Incubator for Cultural and Creative Businesses has an artistic incubation program that started this Monday. It is aimed at 20 artists, which is equivalent to five national bands. According to a note from X-HUB, the program benefits creators from Inhambane, Nampula and Niassa. X-HUB's initiative aims to boost the economy...
The executive coordinator of the Office of Reforms and Structuring Projects, João Osvaldo Machatine, believes that the discussion on the problem involving the cost of tolls in the country has to be done in an integrated manner, placing the issue of the tariffs charged and the real income of the Mozambican population on the same line. According to...
The Mozambican government intends to subsidize the payment of tolls for public passenger transport, as a way of reducing its costs following the vandalization of these infrastructures. The issue is the "tug-of-war" between transport operators and road concessionaires that has been going on since the announcement in January that the toll would be...
The government's sale of Mozambique Airlines (LAM) to the State Business Sector (SEE) could increase fiscal risk and contribute to an increase in the lack of transparency in the management of public affairs, according to the Center for Public Integrity (CIP). Government authorizes HCB, CFM and EMOSE to acquire 91% of state shares...