Fly Modern Ark (FMA), the consultancy hired by the government to recover the company Linhas Aéreas de Moçambique (LAM), ended yesterday...
Companies
LAM aircraft crashes into birds, forcing trip to be canceled
An aircraft belonging to Mozambique Airlines (LAM), which was due to take flight TM 191 on Thursday night (19),...
HCB moves ahead with farm management measures to cope with the effects of the severe drought
The Cahora Bassa Hydroelectric Company (HCB), located in Tete province, central Mozambique, announced today, Thursday (19), that...
US multinational Tupperware declares bankruptcy due to falling sales
The US multinational Tupperware has begun bankruptcy proceedings, dragged down by falling sales, and will be seeking...
Omar Mithá appointed chairman of the Sovereign Fund's advisory board
Through the Council of Ministers, the government has appointed Omar Mithá to head the Sovereign Wealth Fund's Investment Advisory Board...
Government approves EDM's purchase of 70% from the Mphanda Nkuwa hydroelectric project
The state-owned company Electricidade de Moçambique (EDM) has acquired 70% of the shareholdings of the shareholders of the current concessionaire of the...
Eni posts higher than expected second-quarter profit with strong contribution from Rovuma gas
Italian petrochemical company Eni SpA recorded a profit of 1.52 billion euros in the second quarter of 2024,...
Yango expands its cab services to central Mozambique
The city of Beira, the capital of Sofala province in central Mozambique, has had the service since Tuesday (10)...
Absa elected "Best Bank for Small and Medium Enterprises" in Mozambique
Absa Bank won this year's award for "Best Bank for Small and Medium-sized Enterprises (SMEs) in Mozambique", awarded...
REVIMO reaches 1.2 billion meticais in tax obligations
The company Rede Viária de Moçambique (REVIMO), responsible for the construction, maintenance and operation of several national roads, has reached 1,200...
CFM announces the first fuel convoy to Malawi from the Port of Beira
This Tuesday (10), Caminhos de Ferro de Moçambique (CFM) dispatched its first fuel train to neighboring...
Galp abandoned Area 4 gas due to new commitment to low carbon intensity projects
Portuguese energy multinational Galp, which recently concluded the divestment of Area 4, in the Rovuma basin, Cape Verde province,...