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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.
 
     
 
  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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