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    29 December, 2010
  
   Chinese gift to Mozambique armed forces
 
 

The Mozambican and Chinese authorities signed on Tuesday, in Beijing a protocol of military assistance for the Mozambique Armed Forces (FADM) worth 20 million Chinese yuan (about $3 million) for the year 2011.
 
     
 
    20 December, 2010
  
   Above normal rainfall forecast
 
 

Mozambique’s National Meteorology Institute (INAM) has forecast above normal rains for most of the country for the second half of the rainy season.
 
     
 
    17 December, 2010
  
   China to fund vehicle assembly plant
 
 

The Mozambican government and the Chinese company Tong Jian Investment Ltd signed an agreement in Maputo on Friday to set up a vehicle assembly plant in Maputo province.
 
     
 
    16 December, 2010
  
   Saudi business to invest $100 million
 
 

The Aujan Group of Saudi Arabia plans to invest $100 million in Santa Carolina island, in the Bazaruto Archipelago, in the southern Mozambican province of Inhambane, according to the group’s chairperson, Adel Aujan.
 
     
 
    14 December, 2010
  
   Chinese company to invest $230 million
 
 

The Mayor of Maputo, David Simango and the Executive Director of the Tong Jian Investment Company of China, Cao Hongru, on 14 December signed a Memorandum of Understanding for the construction of a five star hotel in the Maputo neighbourhood of Costa do Sol, and a market for the sale of construction
 
     
 
    8 December, 2010
  
   Growth expected to reach 7.2 per cent
 
 

Mozambican Prime Minister Aires Ali on 8 December presented to the country’s parliament, the Assembly of the Republic, the government’s Social and Economic Plan for 2011 which envisages an economic growth rate of 7.2 per cent, and an annual average inflation rate of around eight per cent
 
     
 
    5 December, 2010
  
   Mozambique "can become a middle income country"
 
 

Riyadh, 5 Dec (AIM) – Mozambican President Armando Guebuza believes that Mozambique can become a middle income country within the next ten years.
 
     
 
  18 May, 2017  
 
Signs of economic recovery
 
The Mozambican economy saw an improvement in tax collection and a reduction in expenditure in the first quarter of this year, according to Rogerio Nkomo, National Director of Institutional Coordination in the Ministry of Economy and Finance.

 
  12 May, 2017  
 
Mozambique and Brazil sign agreements
 
The Mozambican and Brazilian Foreign Ministers, Oldemiro Baloi and Aloysio Ferreira, on 11 May signed in Maputo legal instruments, notably on social security, to promote and strengthen cooperation relations between the two countries.

 
  9 May, 2017  
 
Electricity sales rise by 78 per cent
 
Mozambique’s publicly owned electricity company, EDM, increased its sales of power by about 78 per cent between 2015 and 2016.

 


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