The non-governmental organization Oil Change International (OCI) has called on the UK to reconsider its decision to finance TotalEnergies’ project in Mozambique, alleging violations of human rights and international environmental….
The World Bank will provide 24 million dollars for the reconstruction of 1,000 homes for vulnerable families in municipalities in the Mozambican provinces of Nampula and Cabo Delgado. This is….
The governor of the Bank of Mozambique, Rogério Zandamela, guarantees that the amount received by the Sovereign Fund from the exploration of natural gas in Mozambique remains safe. Zandamela was….
The Bank of Mozambique has reduced the monetary policy interest rate (MIMO) from 11.75% to 11%. This measure results from the consolidation of the outlook for single-digit inflation in the….
Álvaro Massingue has just won the elections for the presidency of the Confederation of Economic Associations of Mozambique. The candidate won 87 votes against 62 for Lineu Candeeiro and 12….
Mozambique has raised 206 million dollars (183 million euros) from the first Liquefied Natural Gas (LNG) project, produced by the Coral Sul platform in ultra-deep waters in the Rovuma basin…..
Mozambique Airlines (LAM) has increased the number of passenger and cargo aircraft in its operations. According to a statement from the company, the Boeing 737-500 aircraft is temporarily part of….
The controversy surrounding the elections at the Confederation of Economic Associations of Mozambique (CTA) continues to generate a lot of ink. Yesterday, the Beira Commercial Association (ACB), led by businessman….
The President of the Republic, Daniel Chapo, says that the country will invest in improving the operating conditions of ports, airports, railways, and roads, increasing the supply of water, electricity,….
Entrepreneurs in Mozambique are calling for a working group to be set up, made up of operators, the government, and the private sector, to design specific projects that can be….
Mozambique’s government said on Friday that fuel reserves are “assured” and that the lack of product in various parts of the country is due to problems with distributors’ bank guarantees. Across….
The Bank of Mozambique estimates that the Mozambican economy fell again in the first quarter of the year due to the post-election social unrest, but at a slower pace, predicting….
Several Mozambican provinces are facing fuel shortages. The government is aware of the situation but guarantees that the port terminals are stocked up. There is no clarity about what is….
Mozambique plans to increase its production of Liquefied Natural Gas (LNG) by 500% in five years, to 20 million tons per year (mtpa), according to data from the Government’s Five-Year….
The government of Mozambique has admitted to imposing rules on the use of mineral and energy resources, indicating that they should benefit the country, and has expressed an interest in….
Energy giant TotalEnergies has expressed its support for the commencement of official investigations by Mozambican authorities into allegations of human rights abuses by the country’s Defence and Security Forces in….
TotalEnergies’ massive liquified natural gas (LNG) project in Mozambique is to receive a US$4.7-billion loan, a lifeline for the “carbon bomb” fossil gas plant long-delayed by insurgent Islamist terrorists in….
Mozambique recorded 145 work-related accidents in the last quarter of 2024, a reduction of 5.1% compared to the third quarter of the year when 204 cases were recorded, according to….
The US export credit agency has agreed to provide a US$4.7bn loan for TotalEnergie’s controversial Mozambique LNG project, reinstating its support after years of delays and amid ongoing security risks….
Almost 210 enterprises began operating in Mozambique’s tourism sector in 2024, despite the downturn in activity due to post-election unrest that has been taking place throughout the country since October…..
According to an estimate by the Confederation of Economic Associations of Mozambique (CTA), almost a thousand Mozambican companies have been affected by the post-election demonstrations since October, which have impacted….
The Confederation of Economic Associations of Mozambique (CTA) warned in a statement of the growing currency crisis in the country, revealing that 63 companies reported difficulties in making payments abroad,….
The index that measures business confidence in Mozambique improved in January but remains in negative territory since the post-election protests, which resulted in hundreds of deaths and a downturn in….
In Mozambique, the COVID-19 pandemic has thrown at least 39,500 workers out of their jobs, according to Labour and Social Security Minister Margarida Talapa. Speaking on Thursday in the northern….
More than 15 companies are at risk of closing their doors due to the difficulty of making imports associated with the shortage of foreign currency in the country. The information….