Oil prices closed lower on Friday and recorded their biggest weekly loss in three months, with the...
Business
More than 1.3 million tons of crude cooking oil imported
Mozambican vegetable oil refineries have imported more than 1.3 million tons of crude cooking oil in the last eight...
Cabo Delgado: ExxonMobil moves ahead with LNG project
ExxonMobil is "optimistic and moving forward" with the Rovuma liquefied natural gas (LNG) project in Cabo Delgado, according to...
Exports of goods earned Mozambique 8.2 billion dollars last year
Sales of goods by the Mozambican economy to the rest of the world earned the country 8.2 billion...
Entrepreneurs say they are making huge losses due to instability in the payment system
The Confederation of Economic Associations (CTA), the country's largest employer, believes that the instability in the payment system...
Absa Bank Moçambique registers growth of 58.71TP3Q
Absa Bank Moçambique once again demonstrated a positive financial performance in 2023. It achieved annual net profits of 1.623 billion...
Bank of Mozambique appoints resident inspector to monitor Millennium bim
The Bank of Mozambique (BdM) appointed a resident inspector for Millennium bim today, Thursday (02), to "reinforce monitoring"...
Current account balance improved by 4.6 MM$ last year, but remains in the black
The Current Account (CA) balance improved in Mozambique last year, by 4.6 billion dollars, but...
INCM announces new telecommunications tariffs today
The Mozambican National Communications Institute (INCM) announced today, in Maputo city, new telecommunications tariffs to come into force...
HCB brought in almost 35 million meticais in revenue last year
Last year, Hidroeléctrica de Cahora Bassa (HCB) earned 34,917.00 million meticais in revenue, an increase of 49.2%...
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...