More than 400 Mozambican companies have joined UNIVAX - an initiative that brings together companies and civil society organizations
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May 14, 2021May 14, 2021Companies
Confirmed! Vale to withdraw from coal mining in Mozambique
The Brazilian mining company Vale will indeed withdraw from the coal business. The position was advanced by the Minister of Mineral Resources and Energy, Max Tonela
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May 14, 2021May 14, 2021Economy
World Bank Donates $100 Million to Support Mozambican Companies
The World Bank has approved a $100 million financial grant from the International Development Association (IDA) for a project
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"Mozambique Hasn't Prepared for the Implications of Mega-Projects" -Alda Salomão
Environmental activist Alda Salomão believes that Mozambique has not organized itself properly for the natural gas mega-projects
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May 11, 2021May 11, 2021Economy
Economic Climate Indicator falls in the first quarter
The Economic Climate Confidence (ECI) indicator recorded a slight drop in the first quarter of 2021, when compared to the fourth quarter of 2020, reveals the National Institute of Statistics
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May 11, 2021May 11, 2021Business
Business sector expects improved business environment in the second quarter
The Confederation of Mozambican Business Associations (CTA) believes that the business environment in the country may improve with the likely introduction of new regulatory instruments
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Mining company Vale invests 290 million meticals in local content in Mozambique
Vale Mozambique announced that last year it invested more than 290 million meticais in the acquisition of products and services from national companies
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May 11, 2021May 11, 2021Business
Alcoholic beverage sector suffers damage from pandemic restrictions
The Association of Producers and Importers of Alcoholic Beverages complains of heavy losses resulting from the restrictions imposed by the Government
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May 11, 2021May 11, 2021Economy
Mozambique registers deflation in April compared to the previous month
Mozambique registered deflation (price reduction) in April compared to the previous month
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CTA Reports Drop in Corporate Billing
The Confederation of Business Associations of Mozambique (CTA) reports a marked drop in business turnover