The government is going to close down mining companies that don't pay surface taxes. Those affected have up to 15 days to regularize their situation. The Secretary of State for Mining, Jorge Daudo, said, as quoted by "O País", that the measure is aimed above all at ensuring the sustainability and organization of the sector. "The truth is that we are...
Three internal combustion locomotives manufactured in China by CRRC Ziyang Co. and specially designed to meet operating conditions in Africa were officially shipped to Mozambique on March 10. Developed independently by CRRC Ziyang Co., Ltd., a subsidiary of CRRC Corporation Limited, these units mark the first time that a...
The Irish company Kenmare Resources, which exploits heavy sands in the Moma district of Nampula province, has turned down an offer of 565 million euros to sell its shares. Until Wednesday last week, the offer represented around 92% above its market value. The offer, according to Irish media, was made by...
The approval of a 4.7 billion dollar loan for TotalEnergies' liquefied natural gas (LNG) venture in Mozambique, if confirmed, will improve the prospects for the resumption of the huge project, which could have multiple positive benefits for Mozambique in the medium term, says Fitch Ratings. According to a publication by the agency...
The optimism of the resumption of the TotalEnergies project in Cabo Delgado province masks the real geopolitical interests and issues, according to the Center for Public Integrity (CIP). In this sense, the Civil Society Organization (CSO) defends a critical tripartite view of the implications of the multinational's return on the possible effects on politics, the economy and...
Mozambique Airlines (LAM) has reintroduced a repaired aircraft into the travel schedule, which has been affecting flight schedules since yesterday. In fact, some flights have been rescheduled since Sunday (23), with the majority of flights to the provinces of Inhambane - Vilankulo - and...
The tourism sector in Mozambique continued to grow despite the political and social turmoil in the last quarter of 2024, with 208 new establishments opening last year. According to a publication in the magazine "Volta ao Mundo", which cites government data, among the establishments inaugurated were 68...
Mozambique will work with the Namibian authorities to exchange experiences regarding legislation in the extractive industry sector, including the construction of infrastructure and access roads, agriculture and others. This was announced by the Mozambican statesman, Daniel Chapo, at a press conference held last Friday (21) in the Namibian capital, Windhoek,...
A fire at a power station on Thursday night (11pm local time) led to the closure of London Heathrow Airport in Great Britain today, disrupting hundreds of international flights. "Due to a fire at an electrical substation supplying the airport, Heathrow is experiencing a significant power failure. In order to maintain...
The President of the Republic, Daniel Chapo, sent a message to the President of the United States of America (USA), Donald Trump, expressing his appreciation for the decision of the Board of Directors of the US Exim Bank to approve financing of 4.7 billion dollars for the Mozambique LNG Project. Daniel Chapo pointed out that the amount that will be disbursed...