Last year, Hidroeléctrica de Cahora Bassa (HCB) earned 34,917.00 million meticais in revenue, an increase of 49.2%...
Economy
Financial system Prime Rate to fall in May for the third month running
The Bank of Mozambique (BdM) and the Mozambican Association of Banks (AMB) have set the Prime Rate that will be in force at the institutions...
Google reaches market value of 2 billion dollars
Google has reached a valuation of 2 billion dollars, an unprecedented level in the company's 25-year history...
Portugal authorizes export of goods from Maputo to Lisbon
The Portuguese Tax Authority has authorized the transport of cargo between Mozambique and Portugal, via the cargo flight of Linhas...
Cabo Delgado/Gas: Current situation favors the return of TotalEnergies, says Minister Zacarias
The current economic climate favors the return of the French multinational, TotalEnergies, to resume the Liquefied Natural Gas project in...
Adriano Maleiane participates in the International Summit for African Development
The Prime Minister, Adriano Maleiane, will take part in the 3rd edition of the Summit of the International Association for the Development of...
US agency MCC to fund community projects in three of the country's provinces
A total of 13 coastal districts in the provinces of Sofala, Zambézia and Nampula are to receive resilience projects...
Private sector and unions highlight consensus on setting new minimum wages
The President of the Labor Department of the Confederations of Economic Associations of Mozambique (CTA), Paulino Cossa, guarantees that there is already consensus...
Sources of funding: CTA advocates revaluation of exports
The President of the CTA, Agostinho Vuma, encouraged the government to continue implementing measures aimed at consolidating the...
Government now has a new platform for registering suppliers of goods and services
The Mozambican government, through the National Directorate of State Assets, launched a new platform in Maputo on Thursday (25)...
Mozambique Electricity spends more than 20 M$ annually on public lighting
The public company Electricidade de Moçambique (EDM) is complaining about the high costs of public lighting throughout the country, which amount to...
Rail-port movement in Mozambique grew 8% last year
The Mozambican rail-port system transported around 26.6 million net tons in 2023, throughout the country, a...