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    28 March, 2017
  
   President Nyusi re-inaugurates Mavuzi power station
 
 

Mozambican President Filipe Nyusi on Monday re-inaugurated the Mavuzi hydro-electric station, on the Revue river at Sussundenga, in the central province of Manica.
 
     
 
    24 March, 2017
  
   Mozambique and Germany sign cooperation agreements
 
 

Mozambique and Germany on 24 March in Maputo signed technical and financial accords establishing support for the sectors of education, sustainable economic development, and public finances.
 
     
 
    22 March, 2017
  
   ENI to pay US$350 million capital gains tax
 
 

The Italian energy company ENI is to pay US$350 million in capital gains tax to the Mozambican government following its sale of a stake in a gas field to US giant ExxonMobil.
 
     
 
  18 May, 2017  
 
Signs of economic recovery
 
The Mozambican economy saw an improvement in tax collection and a reduction in expenditure in the first quarter of this year, according to Rogerio Nkomo, National Director of Institutional Coordination in the Ministry of Economy and Finance.

 
  12 May, 2017  
 
Mozambique and Brazil sign agreements
 
The Mozambican and Brazilian Foreign Ministers, Oldemiro Baloi and Aloysio Ferreira, on 11 May signed in Maputo legal instruments, notably on social security, to promote and strengthen cooperation relations between the two countries.

 
  9 May, 2017  
 
Electricity sales rise by 78 per cent
 
Mozambique’s publicly owned electricity company, EDM, increased its sales of power by about 78 per cent between 2015 and 2016.

 


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