Moza Banco wants to continue to strengthen its belief in the country's agricultural potential, especially in terms of export capacity. In pursuit of this objective, the Bank took part in the Workshop on International Trade and Access to Financing for Exports in Maputo a few days ago. The workshop was organized by ExportaMoz, an entity dedicated to promoting...
The government today suspended the collection of Value Added Tax (VAT) on basic or essential products until December of this year, the spokesman for the Council of Ministers, Inocêncio Impissa, announced in Pemba, the capital of Cabo Delgado. In fact, the Executive's measure is the return of a facility implemented in...
In the third quarter of last year, Mozambique recorded a negative variation of 1.7% in imports of goods, totaling 6.4 billion dollars compared to 6.5 billion dollars in the same period in 2023. The data is contained in the quarterly Balance of Payments (BoP) bulletin, released by the Bank of Mozambique (BdM), the...
The volume of sugar exports to the rest of the world earned Mozambique 27.5 million dollars during the third quarter of 2024, which is equivalent to an increase of 7.9 million compared to the same period in 2023. The figures are contained in the quarterly Balance of Payments (BoP) bulletin, released by the Bank of Mozambique....
Revenues from sales of Mozambican rubies totaled 63 million dollars, which represents an annual drop of around 56%, equivalent to 81 million dollars. The data is contained in the quarterly Balance of Payments (BoP) bulletin, released by the Bank of Mozambique (BdM), to which MZNews had access, highlighting that in the period...
Mozambique is taking part in the 19th edition of the Meetings Africa business tourism fair, which officially opens today (25) in the South African city of Sandton. Meetings Africa is a pan-African event for the Meetings, Incentives, Conferences and Exhibitions industry. This year, 410 exhibitors have been confirmed, representing 113 small and medium-sized...
Nearly two thousand workers in the hotel and tourism sector are at risk of losing their jobs in the Vila Municipal da Praia do Bilene, in Gaza province, due to the wave of violent demonstrations that have taken place in the region since Wednesday of last week. A total of 94...
TotalEnergies, responsible for the exploration of liquefied natural gas in Area 1 of the Rovuma Basin, in the district of Palma, in the north of Cabo Delgado province, has finally begun negotiations to overcome an impasse between the French oil company and local peasants. The peasants accuse the French oil company of failing to comply with...
The President of the Republic met yesterday with investors from the oil, gas and mining industry to discuss challenges and opportunities for the economic development of Cabo Delgado. The Head of State said in his speech that since the elections, the country has been experiencing violent demonstrations, but now somewhat decreasing, with a focus on...
The Japanese government pledged this Monday (24) to finance a project to build a health center on Idugo Island, in the district of Quelimane, in Zambezia province, central Mozambique. Budgeted at 78,900 dollars, equivalent to 4.9 million meticais, the project aims to increase the capacity of the...