The Chairman of the Board of Directors of Portos e Caminhos de Ferro de Moçambique (CFM), Agostinho Langa Júnior, said yesterday that the company had recorded losses of 17 million meticais due to vandalizations. The head of CFM says that the company is currently working on resilience in the face of the losses,...
The Minister of Transport and Logistics, João Matlombe, said on Wednesday (19) that the Mozambican government is determined to ensure that the performance, efficiency and competitiveness of the Port of Beira, in Sofala, located in central Mozambique, is improved. Speaking during a visit to the port infrastructure, he explained that the congestion of trucks in the...
The US government assures that it will continue to support humanitarian projects underway in Mozambique, especially the US President's Emergency Plan to Fight AIDS (PEPFAR) created in 2023. According to the US Ambassador to Mozambique, Peter Vrooman, who was speaking this Wednesday (18), after the end of...
The government announced today a reduction in fuel prices, justifying the measure with the fall in purchase prices on the international market and the need to lower the high cost of living that has caused demonstrations in the country. With effect from tomorrow, Thursday (20), the Energy Regulatory Authority (ARENE), reiterates...
The Minister of Finance, Carla Loveira, met today, Wednesday (19) with the regional director of the International Finance Corporation (IFC) for Southern Africa, Cláudia Conceição, with the aim of analyzing the IFC's involvement in development projects in the country. According to information published on the Ministry of Finance website, the meeting also served to...
The Confederation of Economic Associations of Mozambique - CTA said yesterday that at least 60 companies have debts with external suppliers worth 373 million dollars, around 23,830,568,963 at the current exchange rate. These are aggregate figures from companies that, within a week, managed to submit cases of overdue invoices, due to the...
The Mozambican government, through the Council of Ministers, has announced the creation of the Local Economic Development Fund (FDEL), an instrument that aims to boost entrepreneurship and local economic development in the areas of production, income generation and job creation. According to the spokesman for the Council of Ministers, Inocêncio Impissa, who was speaking after the end...
Businesspeople from Japan are interested in exploring new business opportunities in Mozambique, including the marketing of agricultural products and processed foods in the country. The information was provided this Monday (17) by the president of the Mozambique Chamber of Commerce (CCM), Álvaro Massingue, during a visit by Japanese businesspeople to Maputo, noting that the...
Mozambique Airlines announced today the suspension of flights between Maputo and Lisbon from tomorrow (19), a strategy aimed at consolidating the domestic and regional market. The decision was announced at a press conference, in which it was explained that the measure is in line with the 100-Day Plan of...
Empresa Moçambicana de Seguros (EMOSE), said it was still evaluating the possible purchase of state shares in the company Linhas Aéreas de Moçambique (LAM), noting that only after this analysis will it decide whether to go ahead with the deal. The country's oldest insurance company is one of the three state-owned companies tipped to buy 91%...