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    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.
 
     
 
    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.
 
     
 
    4 May, 2017
  
   Cahora Bassa forced to reduce production
 
 

A shortage of water in the reservoir behind the Cahora Bassa dam on the Zambezi is obliging the dam operating company, HCB, to reduce the amount of power it generates.
 
     
 
  8 October, 2019  
 
Mozambique Rovuma Venture takes initial investment decision
 
Mozambique Rovuma Venture (MRV), a consortium owned by the Italian energy company ENI, the US oil and gas giant ExxonMobil, and the China National Petroleum Corporation (CNPC), on 8 October announced its initial investment decision that includes the construction of two liquefied natural gas (LNG) pl

 
  8 October, 2019  
 
80 gas powered buses to enter service
 
As from February 2020, a further 80 buses powered by compressed natural gas will enter service in the Greater Maputo Metropolitan Area.

 
  4 October, 2019  
 
Maputo water shortage addressed
 
The Mozambican Minister of Public Works, Joao Machatine, on 3 October pledged that the problem of water shortages in the Greater Maputo area will be definitively solved by August 2020.

 


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