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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.
 
     
 
  16 July, 2017  
 
President Nyusi inaugurates Kuvaninga power station
 
President Filipe Nyusi on 15 July inaugurated a gas fired power plant station in Macarretane in the southern province of Gaza.

 
  13 July, 2017  
 
Mozambican coal to be shipped to Australia
 
The Brazilian mining giant Vale is to export coking coal from its open cast mine in Moatize, in the western Mozambican province of Tete, to Port Kembla in Australia for the first time.

 
  12 July, 2017  
 
Germany to provide €15 million for electricity network
 
Mozambique and Germany on 12 July in Maputo signed an agreement under which €15 million will be made available for the second phase of a project to modernise the electricity network.

 


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