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   News Archive News
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    29 October, 2015
  
   Results of hydrocarbon licensing round announce
 
 

Mozambique’s National Petroleum Institute (INP) has announced the results of the fifth licencing round for exploration and production of hydrocarbons in fifteen blocks.
 
     
 
    22 October, 2015
  
   US$31 billion to be invested in Rovuma Basin gas
 
 

Total projected investment in natural gas operations in the Rovuma Basin, in the northern Mozambican province of Cabo Delgado, now stands at 31 billion US dollars, according to Omar Mitha, chairperson of the National Hydrocarbon Company (ENH).
 
     
 
    21 October, 2015
  
   Joint venture to mine alluvial gold
 
 

The British based company Xtract Resources has entered into a joint venture with Mineral Technologies International to develop an alluvial gold mine in the central Mozambican province of Manica.
 
     
 
  9 June, 2017  
 
New chairperson for telecoms companies
 
The shareholders of Mozambique’s two publicly owned telecommunications companies, TDM (which runs the network of fixed lines), and the mobile telephony company MCel, met on 8 June and elected Mohamed Rafique Jusob as chairperson of the board of directors of both companies.

 
  7 June, 2017  
 
President lays first stone on Cuamba-Lichinga road
 
President Filipe Nyusi declared on 6 June that a tarred road between the two main cities in the northern province of Niassa, Cuamba and Lichinga, was no longer a dream but is becoming a reality.

 
  29 May, 2017  
 
New CTA Chair promises “cohesion”
 
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.

 


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