The fall in the birth rate and a drop in demand for milk and dairy products, which also accompanies the general slowdown in consumption in the country, are causing heavy surpluses, with many small producers forced to close down in the face of sales prices below production costs, wrote Reuters last Friday. According to the same publication, the drop in...
A study by the Center for Public Integrity (CIP) reveals that the implementation of the Chinese company Haiyu Mining, which has been exploiting heavy sands for more than ten years in Angoche, Nampula province, is causing serious environmental problems that are driving communities into poverty. In a VOA publication, CIP points to the destruction of native vegetation, the existence...
The Ministry of Agriculture and Rural Development (MADER) recommends delaying the start of sowing for the first agricultural season of the 2024-25 period in the north of the country to avoid the risk of low productivity due to the lack of rain in the forecast. In a publication in Revista Terra, the representative of the National Directorate for Family Farming, Hiten...
Mozambique has the right conditions to enable the production of biofuels for domestic consumption, thus reducing imports of fossil fuels, as suggested by a study commissioned by the Ministry of Economy and Finance (MEF). In a publication in the newspaper Notícias, the coordinator of the Economic Reforms Office at the MEF, João Macaringue, explained that the research comprised...
US multinational Tupperware has begun bankruptcy proceedings, dragged down by falling sales, and will seek court approval to continue operating and facilitate a sale process to protect the brand. The bankruptcy filing in the Delaware Bankruptcy Court comes after months of proceedings. Tupperware Brands,...
More than 20 Mozambican companies from various sectors, especially agriculture, industry, transport, logistics, labor recruitment, communication, commerce and services, are taking part in the Business Mission to Doha, Qatar, which has been taking place since Saturday (14). On this trip, which ends today (17), the Mozambican business community aims to attract new investments and strategic partnerships to boost relations...
The reference price for the sale of raw cashew nuts in the 2024-2025 marketing year has been set at 45 meticais per kilogram, compared to 35 meticais in the previous harvest. The decision was taken last Friday (13), in Maputo, during the first session of the Technical Council, a forum that brings together representatives...
Exports of beans and peas from Mozambique to India reached one million tons last year. The figures were released by the Ministry of Industry and Trade (MIC), noting that the Indian market is the largest destination for Mozambican products, to which exports of soybeans, cashew nuts and copra are also growing. In a...
Italian petrochemical company Eni SpA posted a profit of 1.52 billion euros in the second quarter of 2024, beating expectations due to strong performance in its oil and gas exploration business. The floating natural gas platform, Coral Sul FLNG, anchored in the deep waters of the Rovuma basin in Cape...
This Tuesday (10), Caminhos de Ferro de Moçambique (CFM) dispatched its first fuel train to neighboring Malawi, via the Dona Ana-Vila Nova da Fronteira branch, in the central province of Tete. "The train left the Port of Beira with 48 tank trainers (24 platforms), and its final destination was the city of Marka,...