Data recently released by the Ministry of Economy and Finance (MEF), in the State Budget Execution Report (REO), from January to June 2021, indicate that the contribution of the Megaprojects to the treasury was 15.5 billion Meticais in the first semester of the current year, a growth of 57.9% compared to the same period in 2020, when the State pocketed 9.8 billion Meticais
Industry
Investors evaluate conditions of coal mining projects in Tete
National and foreign investors interested in taking over Vale's coal business in Mozambique will pay a visit next September to check the real conditions of the projects in question
Census of artisanal miners reaches 70% of the 122 projected outbreaks
Eleven days after the start of the census of artisanal miners in the country, Gaza Province, has already reached 70% of the projected target, estimated at 122 foci to be surveyed
Niassa will soon have three new agricultural processing plants
Three new industrial units for processing agricultural products are planned for Niassa province under the National Industrialize Mozambique Program
"Gold production may grow in Mozambique" - Ernesto Max Tonela
tro tro tro tro of Mineral Resources and Energy, Ernesto Max Tonela says that gold production can grow, in Mozambique
Chinese plan cement plant for Zambezia
A factory to produce construction cement may be built next year in the administrative post of Macuse, in the district of Namacurra, Zambézia province, in a Chinese investment estimated at 15 million dollars
Government wants to resurrect dormant industries in some parts of the country
The government says it is studying ways to revive dormant industries in some parts of the country. The Minister of...
Mozambique on the "right track" to sell certified diamonds on the international market
The Council of Ministers announced this Tuesday that the country is on the "right track" in complying with the international procedures required for the sale of certified diamonds, under the so-called Kimberley Process
Mota-Engil increases mining contract with Vale Mozambique by $427 million
Mota-Engil announced this Monday the increase by 427 million dollars, the amount of the mining contract in Mozambique, bringing the total to 871 million dollars
Experts consider that heavy sands extraction in Tete generated more losses than gains
Specialists in extractive industry matters say that after 16 years, Vale's performance in Mozambique generated more losses than gains. For the specialists, Tete could not be "El Dourado" because the Mozambican government did not have an agenda to make that province a truly developed area.
Mozambique will soon have eight agricultural processing centers
At least eight processing centers for agricultural products will be created in the near future, in different parts of the country, in what constitutes the first phase of implementation of the National Program to Industrialize Mozambique, launched Friday in Vanduzi, Manica province, by the President of the Republic, Filipe Nyusi
"The industrialize Mozambique program should contribute to increased industrial production"
The President of the Republic Filipe Nyusi challenges the national business community to take on the industrialize Mozambique program, focused on the government's strategies for the country's socio-economic development