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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.
 
     
 
  10 April, 2017  
 
Seized wood to be sold at auction
 
Minister of Land, Environment and Rural Development, Celso Correia, has confirmed that the 150,000 cubic metres of wood seized so far in “Operation Trunk”, in the north and centre of the country, will be sold to the highest bidder at public auction.

 
  5 April, 2017  
 
Date fixed for municipal elections
 
The Mozambican government has fixed 10 October 2018 as the date for the next municipal elections.

 
  4 April, 2017  
 
Central Bank lays down new exchange rate rules
 
The Bank of Mozambique has issued regulations to ensure more transparent exchange rates.

 


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