TotalEnergies is committed to restarting the Liquefied Natural Gas project in the Rovuma basin in Cabo Delgado. This assurance was given by the chairman of the French oil company, Patrick Pouyanné, to the Mozambican head of state, Daniel Chapo. The meeting between the President of Mozambique and the chairman of TotalEnergies took place in the United Republic of Tanzania,...
The population of the Bazaruto archipelago, which is located along the coast of the Vilankulo and Inhassoro districts, in Inhambane province, southern Mozambique, is demanding funds that tour operators channel to the government through the Bazaruto National Park, the company that manages the archipelago, and which should be given to the residents. According to a...
Rede Viária de Moçambique (REVIMO) announced this Saturday that it will resume collecting tolls in all the plazas under its management from tomorrow, Monday (27). The suspension of toll collection was due to the post-election demonstrations in 2024, which resulted in acts of vandalism against the infrastructures managed by the company. In a statement,...
French technology company Cegid, a Decentralized Computing Management company specializing in management software for accounting, finance and tax, payroll, human resources and retail professionals, recently announced the acquisition of PHC Business Software, a leading Portuguese company in the management software market for Small and Medium-sized Enterprises (SMEs).....
Farmers in the poultry sector are claiming losses of 300 million dollars, following the paralysis of their activities in November and December, due to the post-election demonstrations. The figures were revealed by Yacub Latif, vice-president of Agribusiness, Nutrition and Food Industry at the Confederation of Economic Associations of Mozambique (CTA), quoted by...
The United Bank for Africa, UBA, through the Tony Elumelu Foundation, Africa's leading philanthropic organization, has announced the opening of applications for Africa's largest Entrepreneurship Programme 2025. The opportunity is also open to young Mozambicans who will be able to sign up and take part in the transformative initiative, aimed at fostering job creation,...
Vista Group, a financial services holding company with a mission to become a world-leading pan-African banking institution, has received approval from the French banking regulator, ACPR, to establish Vista Bank in France. Vista Bank France will be launched in the second half of 2025 and will be Vista Bank's first banking operation...
Long-haul cargo transporters who use the Machipanda border are asking the authorities in both countries to find ways to make customs clearance of goods more flexible, especially on the Zimbabwean side. Operators report that although the border is open 24 hours a day, there is a lack of flexibility, which sometimes forces them to wait...
A court case taking place on national territory has led to the freezing of a million-dollar deal in which Indian steelmaker JSW Steel, owned by billionaire Sajjan Jindal, intends to acquire the estate of Australian maganta Ken Talbot, who died 14 years ago. The deal is over the lease of the coal mine in Revuboè (MoR), in the province of...
The government, through the National Inspectorate of Economic Activities (INAE), has authorized the reopening of four of the 12 commercial establishments that had been closed down in the last six months due to non-compliance with legal regulations relating to health and food safety. According to a report in the newspaper Notícias, the establishments have resumed their activities after complying with the...