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.
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.
29 December, 2010
