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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.
 
     
 
  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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