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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”.
  26 January, 2018  
Record production at Kenmare mine
Kenmare Resources, which operates the Moma Titanium Minerals mine, has reported record annual production in 2017 of the three minerals it extracts .

  24 January, 2018  
Inflation now under control
Inflation has been brought under control and the exchange rate of the Mozambican currency, the metical, has stabilised, declared the governor of the Bank of Mozambique, Rogerio Zandamela.

  10 January, 2018  
Goods traffic to resume between Cuamba and Lichinga
Goods traffic is to return to the branch line between the cities of Cuamba and Lichinga, in the northern Mozambican province of Niassa, under an agreement reached between the Niassa provincial government and the Northern Development Corridor (CDN), the private-led consortium that operates the line.


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