The Swedish government has pledged to disburse 11 million dollars to fund a project aimed at expanding access to electricity in Mozambique’s rural areas over the next five years. The….
The Energy Regulatory Authority (ARENE) announced a reduction in regulated oil prices, with the most significant reduction being in the cost of petroleum, by 17 meticais. The price of light….
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….
The Cahora-Bassa Hydroelectric Company (HCB) plans to contribute around 18 billion Meticais (about 281,7 million USD) to the state coffers this year. The HCB Board of Directors chairman announced this….
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….
The president of Mozambique’s Confederation of Economic Associations (CTA) said that the post-election protests “almost destroyed” 40% of the country’s industrial fabric, and therefore defended a sound macroeconomic policy in….
Mozambique wants to promote a sustainable bond issuance market on the stock exchange, to finance projects in the blue or green economy, known as “Green Bonds” and “Blue Bonds”, as….
Some Mozambican political analysts believe that the US President’s decision to suspend foreign assistance for three months could hurt the country, especially in the health sector, which benefits from 400….
Mozambique’s international bonds tumbled earlier this week after a news report that the new government in Maputo is weighing a debt restructuring following months of post-election turmoil. Although Mozambique’s public….
Former Mozambique’s finance minister was sentenced on Friday (17 Jan) to 8 and a half years in prison after being found guilty of participating in a fraud involving $2 billion….
Prices in Mozambique rose by 1.6% in December, double November’s 0.72%, with inflation in 2024 closing at 4.15%, according to data released by the National Statistics Institute (INE). According to….
The Industrial Association of Mozambique (AIMO) warned that the post-election crisis, characterized by strikes, mass demonstrations, and looting since 21 October, is jeopardising future investments in the industry. According to….
Hidroelectrica de Cahora Bassa (HCB), the company that operates the Cahora Bassa dam on the Zambezi River, in the western Mozambican province of Tete, achieved, over the last nine months,….
In Mozambique, the prices of essential services and products have risen by 2.84 per cent since November last year. According to INE, Quelimane recorded the highest price increase with around….