French justice authorities on Friday launched an investigation into multinational TotalEnergies for allegedly failing to protect its subcontractors and omitting to...
Companies
EDM honored for trade facilitation in Africa
Yesterday, March 12, the company Electricidade de Moçambique (EDM) was awarded the "Intra-African Trade Award" for being...
Grindrod cuts dividends on 55% due to outages on the Lebombo/Resssano Garcia border
Freight logistics company Grindrod has cut its dividend by 55% due to the closure of the border...
LAM announces resumption of flights to northern region after suspension caused by Cyclone Jude
Mozambique Airlines (LAM) announced the resumption yesterday (11) of flights to the northern region, on the route...
Tmcel denounces vandalization of its infrastructure, leaving customers without services
The mobile phone operator Moçambique Telecom (Tmcel) denounced this Friday (07) the occurrence of acts of infrastructure vandalization...
Standard Bank PMI Index: Mozambican private sector resumes growth after months of decline
In February, the Mozambican private sector recorded a recovery after four consecutive months of contraction, reaching 50.9 points, compared to...
Cabo Delgado: ExxonMobil to contract 70% from national companies for Rovuma Basin project
The American multinational ExxonMobil said yesterday in Maputo that it will contract 70% from Mozambican companies to supply goods and services...
Commercial banks' demands keep entrepreneurs away from financing for economic recovery
Entrepreneurs are reluctant to sign up to the line of financing recently made available by commercial banks for economic recovery, following the...
HCB CEO: Mozambique must "block" energy solutions from neighboring countries to maintain regional hegemony
The Chairman of the Board of Directors of Hidroeléctrica de Cahora Bassa (HCB), Tomás Matola, defends the "blocking" of energy solutions...
Demonstrations: Commercial banks make 10 billion meticais available for economic recovery of companies
The government and the Mozambican Banking Association (AMB) today announced financial measures for economic recovery in response to the crisis...
Debts: EuroAtlantic cancels contract with LAM
EuroAtlantic Airways (EAA) announced yesterday that it has terminated its contract with the national airline, Mozambique Airlines (LAM), for...
ExxonMobil and Field Ready join hands to train young people in the Oil & Gas sector
ExxonMobil Moçambique, Limitada, as the Delegated Midstream Operator for Area 4 of the Mozambique Basin Project,...