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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.
 
     
 
  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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