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.
13 May, 2019
Anadarko reaches agreement with JERA and CPC
The Anadarko Petroleum Corporation on Monday announced that the Mozambique LNG1 Company, owned by Anadarko and its partners in exploiting the natural gas in Area One of the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado, has signed a Sale and Purchase Agreement (SPA)
13 May, 2019
Cyclone Idai wiped out over 80,000 hectares of crops
A complete assessment of the impact of cyclone Idai on Mozambican agriculture shows that it devastated 813,000 hectares of crops in the 71 districts affected by the cyclone, according to Agriculture Minister Higino de Marrule.
10 May, 2019
More than a quarter of a million new electricity connections
New connections to the national electricity grid benefitted 257,490 households in 2018, according to the chairperson of Mozambique’s publicly-owned electricity company, EDM, Aly Sicola.
29 May, 2017
