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    15 January, 2016
  
   IMF predicts gigantic growth rate for Mozambique
 
 

The International Monetary Fund (IMF) predicts that Mozambique’s average growth rate during the first half of the next decade could reach the staggering figure of 24 per cent per annum.
 
     
 
    12 January, 2016
  
   Ncondezi signs deal with Shanghai Electric Power
 
 

The London based company Ncondezi Energy announced on Monday that it has signed a binding Joint Development Agreement with Shanghai Electric Power Company to develop the Ncondezi power project in the western Mozambican province of Tete.
 
     
 
    12 January, 2016
  
   Shipping company opens new route to Nacala
 
 

The international shipping company CMA CGM has announced that it is adding the northern Mozambican port of Nacala to its regular container service known as the “Swahili Express”.
 
     
 
    4 January, 2016
  
   Regular transport of coal to Nacala-a-Velha this month
 
 

Trains laden with coal will soon be travelling regularly between Moatize, in the western Mozambican province of Tete, and the northern port of Nacala-a-Velha, the Tete Provincial Director of Transport and Communications, Romeu Sandoca, has assured AIM.
 
     
 
  13 January, 2017  
 
Flood alert on some rivers, but Umbeluzi remains low
 
Although several major Mozambican rivers are at or approaching flood alert level, in the far south the Umbeluzi River, on which Maputo depends for its water supply, remains dangerously low.

 
  5 January, 2017  
 
Dedicated electricity line for new hospital
 
Electricity company announces independent, medium voltage transmission line exclusively to provide power for the country’s newest health unit, the Quelimane Central Hospital.

 
  3 January, 2017  
 
New Deputy Governor of Central Bank
 
President Filipe Nyusi has urged the new Deputy Governor of the Bank of Mozambique, Victor Pedro Gomes, to make every effort to help stabilize the country’s economy.

 


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