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    29 May, 2017
New CTA Chair promises “cohesion”
Maputo, 29 May (AIM) – The newly elected chairperson of the Confederation of Mozambican Business Associations (CTA), Agostinho Vuma, on 26 May promised to work towards greater cohesion among CTA members and make the organization more effective in consolidating the business environment in Mozambique.

Vuma made this pledge when he was sworn into office for a three year period following his victory in the CTA elections the previous day. He defeated his opponent Quessanias Matsombe by 56 votes to 50.

Vuma declared that he will carry out the promises made in his election manifesto, stressing that the CTA must stand for democracy and transparency, and must bank on building up the technical capacity of all its bodies.

“I have no doubt that the CTA will manage to achieve the desired business partnership”, he declared.

He promised to comply with some of the most ambitious promises he had made during the campaign, including the creation of business associations in all provinces.

For his part, the Minister of Industry and Trade, Max Tonela, challenged the new leadership of the CTA to follow up the memoranda agreed with the government, intended to eliminate all the barriers to the development of the national business class.

He pledged that the government remains willing to work with the CTA to improve the business environment.

“I would like to be able to rely on the new leading bodies of the CTA”, Tonela said, “and together we shall work to improve the business environment in Mozambique”.
  16 July, 2017  
President Nyusi inaugurates Kuvaninga power station
President Filipe Nyusi on 15 July inaugurated a gas fired power plant station in Macarretane in the southern province of Gaza.

  13 July, 2017  
Mozambican coal to be shipped to Australia
The Brazilian mining giant Vale is to export coking coal from its open cast mine in Moatize, in the western Mozambican province of Tete, to Port Kembla in Australia for the first time.

  12 July, 2017  
Germany to provide €15 million for electricity network
Mozambique and Germany on 12 July in Maputo signed an agreement under which €15 million will be made available for the second phase of a project to modernise the electricity network.


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