img

Mozambiquehub

Syrah Resources begins production of spherical graphite in the United States with ore mined in Mozambique

5 November 2019
Syrah Resources began production of purified spherical graphite at its battery anode component plant in Vidalia, Louisiana, United States, using ore mined in Balama, Mozambique, the Australian group said in a market statement.

Macau attends 2nd edition of China International Import Exhibition

5 November 2019
A delegation of over 100 businesspeople from Macau has travelled to Shanghai to attend the 2nd edition of the China International Import Exhibition, which will take place from 4 to 7 November, said the Macau Trade and Investment Promotion Institute (IPIM).

Blue partnership between China and Portuguese-speaking countries debated in Beijing

1 November 2019
A blue partnership between China and the Portuguese-speaking countries was under discussion on Thursday at the University of Economics and International Business (UIBE) in Beijing, in a meeting that brought together about 200 people, including experts, academics, diplomats and businesspeople.

Mozambique records increase in tourist numbers and tourist revenues

1 November 2019
Mozambique's tourism sector is experiencing gradual growth, with 2018 providing revenues of US$241.8 million, compared with US$196 million in 2015, Mozambique's Prime Minister said on Thursday in Maputo.

Mozambique’s domestic public debt grows by US$63 million in two and a half months

1 November 2019
Mozambique's domestic public debt contracted through Treasury Bills, Treasury Bonds and Bank of Mozambique advances has increased to 140.610 billion meticais (US$2.217 billion) since 14 August, the Bank of Mozambique said in a market statement on Thursday.

Mozambican government authorised to pay Mozambican tuna company debt

31 October 2019
The Government of Mozambique already has the authorisations and approvals required by law to repay the debt incurred by Mozambican tuna company Ematum through a US$850 million Eurobond issue, according to the Africa 21 news channel.

Government of India freezes additional investments in Area 1 block in Mozambique

30 October 2019
The Government of India is reviewing investments by state-owned group Bharat Petroleum Corp Ltd (BPCL) in a natural gas block in Mozambique and is withholding authorisation for new capital investments, the Press Trust of India (PTI) news agency reported.

Trade between China and Portuguese-speaking countries exceeds US$96 billion from January to August

30 October 2019
The value of trade between China and the Portuguese-speaking countries grew by 2.31% year-on-year to US$96.984 billion between January and August 2019, according to official Chinese figures released by Forum Macau.

Cimentos de Moçambique sells 10,000 tonnes of cement to natural gas projects

30 October 2019
Cement company Cimentos de Moçambique has sold more than 10,000 tonnes of cement to build the initial structures for natural gas exploration projects in the Rovuma basin, in Mozambique's Cabo Delgado province, said the company's managing director, Edney Vieira.

Chinese loan finances recovery of Mozambican fishing port

29 October 2019
Dock one of the fishing port of Beira in the Mozambican central province of Sofala, a project financed by a US$120 million loan from China, was inaugurated on Monday by Mozambican President Filipe Nyusi, local media reported.

Bank of Mozambique sanctions financial institutions for irregularities

29 October 2019
The Bank of Mozambique has imposed sanctions on 20 financial institutions operating in the country for violations of the Anti-Money Laundering and Anti-Terrorist Financing Act, and of Credit Institutions and Financial Corporations, according to a statement released on Monday.

Nampula province expected to account for half of Mozambique’s cashew production

28 October 2019
Nampula province plans to produce 73,000 tonnes of cashew nuts during the 2019/2020 agricultural campaign that begins on Monday in Mozambique, thereby maintaining its status as the largest national producer, said the provincial delegate of the National Cashew Institute on Sunday in the city of Nampula.

Angola’s TAAG airline stops flying between Luanda and Rio de Janeiro

25 October 2019
Angolan airline TAAG has decided to stop flying between Luanda and Rio de Janeiro, ending an operation with a history of over 10 years under what it has called route restructuring, the company said in a statement issued on Tuesday in the Angolan capital.

Barclays Bank Moçambique is renamed Absa Bank Moçambique

25 October 2019
Barclays Bank Moçambique will change its name to Absa Bank Moçambique, from 11 November, the bank's managing director Rui Barros announced on Wednesday in Maputo.

Mozambique plans four dry docks for Manica province

24 October 2019
Manica province in central Mozambique may have four dry docks in the near future to help reduce congestion at the port of Beira in neighbouring Sofala province, the president of the Manica Provincial Business Council, Samuel Guisado, said recently in Chimoio.

Mozambique/Malawi transmission line goes to tender by March 2020

22 October 2019
The international tender for the construction of the power line between Mozambique and Malawi is due to be launched by March 2020, Mozambique's deputy minister of Mineral Resources and Energy said on Monday in Maputo.

Fastjet airline suspends operations in Mozambique

22 October 2019
Fastjet Mozambique will suspend domestic flight operations in Mozambique from midnight on Saturday, 26 October 2019, the airline said in a statement issued on Monday in Maputo.

Debt renegotiation may allow Mozambique to return to capital markets

21 October 2019
The acceptance of the proposal to restructure Mozambican tuna company Ematum's Eurobond issuance by holders could allow Mozambique to access the capital market once again and improve its relationship with some of its main creditors, according to the Economist Intelligence Unit.

Macau International Fair and PLPEX close with the signing of 85 protocols

21 October 2019
A total of 85 protocols were signed and more than 400 meetings were held at the 24th Macau International Fair (24th MIF) and the Portuguese-speaking Countries (Macau) Products and Services Exhibition 2019 (2019PLPEX) ), which closed on Saturday, 19 October, according to official information.

Syrah Resources announces a substantial reduction in graphite project workforce in Mozambique

21 October 2019
Mining group Syrah Resources plans to immediately reduce its workforce by about 30 percent at its graphite mine in the Balama district of Cabo Delgado province, northern Mozambique, the Australian group said in an update on its performance in the third quarter of 2019.
imgUseful links


Get our latest news

MACAUHUB MACAUHUB
MACAUHUB FRENCH