Montepuez Ruby Mining (MRM), the company operating in Namanhumbir, in the Montepuez district of Cabo Delgado province, has appealed to tourists in the provincial capital, Pemba, to refrain from buying….
The Mozambican economy shrank by 3.92% year-on-year in the first quarter, after falling by 5.73% in the last three months of 2024, Mozambique’s National Statistics Institute (INE) announced. Exports “recorded….
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….
The United Nations (UN) said that almost 5.2 million people need assistance due to the “triple crisis” in Mozambique, the result of “armed conflict, recurring extreme weather events and months….
Mozambique’s Water and Sanitation Regulatory Authority (Aura) has adjusted consumer drinking water tariffs downwards, saying that the new tariffs will come into force on June 2. The reduction is over….
The Mozambican parliament approved a proposal to exempt sugar, cooking oils, soaps, raw materials, and machinery from these sectors from VAT until December 2025, with the state estimating a loss….
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…..
The President of the Republic of Mozambique, Daniel Chapo, has chosen Tanzania for his first state visit abroad since taking office at the beginning of the year. This is a….
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 external and internal debts, approximately 1 trillion Meticais, contracted by previous Mozambique Presidents Armando Guebuza and Filipe Nyusi, will cost around 120 billion Meticais in 2025 alone, more than….
After 100 days of the new government, President Daniel Chapo presented his first Economic and Social Plan and State Budget (PESOE). Although total spending is down, spending on the running….
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,….
The bypass near the bridge over the Monapo River, between the northern provinces of Nampula and Cabo Delgado, along Mozambique’s main north-south highway (EN1), has collapsed once again less than….
In Mozambique, at least 226 public administration infrastructures were destroyed by cyclones and post-election protests in seven provinces, the government said, planning to mobilize “specific resources” for reconstruction. Mozambique has….
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….
Prices in Mozambique rose slightly, 0.06%, in March, mainly due to footwear and clothing. Year-on-year inflation reached 4.77%, according to data from the National Statistics Institute (INE). This is the….
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….