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    24 September, 2012
  
   French oil company buy stake in Rovuma Basin
 
 

The French hydrocarbon company Total has announced that it is to buy a stake in rights to explore for oil and gas in the Rovuma Basin, off the coast of northern Mozambique, from the Malaysian state oil company Petronas.
 
     
 
    24 September, 2012
  
   Economy “robust and stable”
 
 

The Mozambican economy has undergone robust and stable growth in recent years, despite the adverse effects of the international financial crisis, according to the outgoing Central Committee of the ruling Frelimo Party.
 
     
 
    17 September, 2012
  
   Plans for Ncondezi power station advance
 
 

The British-based Ncondezi coal company has published results of a “Power Definitive Feasibility Study” confirming the feasibility of installing a power station, capable of generating 1,800 megawatts of electricity, at the mouth of its coal mine in the western province of Tete.
 
     
 
    11 September, 2012
  
   Mozambique confident of continuing budget support
 
 

The Mozambican government is confident that its partnership with the Programme Aid Partners (PAPs), who provide direct support to the state budget will continue, according to the National Director of Planning, Mumad Jutha.
 
     
 
    7 September, 2012
  
   Public finance vision launched
 
 

Mozambican Finance Minister Manuel Chang on Thursday launched the “Vision of Public Finance” to cover the period up to 2025.
 
     
 
    3 September, 2012
  
   New power transmission line for Nacala
 
 

The Mozambican authorities are considering building a new high voltage power line from the Chimuara sub-station, on the north bank of the Zambezi River to the Special Economic Zone in the northern port city of Nacala.
 
     
 
    3 September, 2012
  
   Prime Minister calls for awakening industrial potential
 
 

Mozambican Prime Minister Aires Aly on Saturday urged business to work on identifying the tools that can allow the country to awaken its industrial potential.
 
     
 
    2 September, 2012
  
   Dreamliner arrives in Maputo
 
 

The only Boeing 787 “Dreamliner” in service in Africa touched down at Maputo International Airport in Sunday afternoon.
 
     
 
  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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