img

Mozambiquehub

Mozambique’s national postal company wants to sell assets to be able to compete with private companies

9 April 2019
Mozambican state-owned postal company Correios de Moçambique plans to sell a portion of its real estate assets to reduce the number of workers from 620 to 326 nationwide, announced the chairman of the company's Board of Directors.

São Tomé and Príncipe welcomes 300 entrepreneurs to an international meeting in July

8 April 2019
About 300 entrepreneurs are expected to head to São Tomé and Príncipe to attend the 14th business meeting for economic cooperation between China and the Portuguese-speaking countries next July, the organising committee said.

The government of Mozambique wants Ematum fleet to fish for tuna

8 April 2019
The Mozambican government has been conducting consultations to start up the 30-vessel fleet of Empresa Moçambicana de Atum (Ematum), which has been at a standstill in the port of Maputo since its acquisition, said the Minister for the Sea, Inland Waters and Fisheries.

Companies in Cabo Delgado, northern Mozambique, facing difficult situation due to armed attacks

8 April 2019
Business owners in the province of Cabo Delgado, northern Mozambique, where several armed attacks have occurred, are facing a difficult situation, with some companies closing, Mozambican newspaper O País reported.

World Bank finances rural electrification in Mozambique

4 April 2019
The World Bank has provided funding of US$148 million to Mozambique to increase access to electricity in five of the country's poorest provinces, according to a statement released in Washington.

Mozambican government wants to improve the business environment with tax amnesty

3 April 2019
The government-approved tax amnesty will bring taxpayers closer to the tax system and allow for the improvement of the business environment, the Mozambican economy and finance minister said in Maputo.

Nacala airport in Mozambique starts receiving international flights this year

2 April 2019
Nacala airport in northern Mozambique will begin receiving international flights this year following the reorganisation of the country's airport system, according to the president of airport management company Aeroportos de Moçambique.

Agreement with Area 4 Block operators in Mozambique will be reached soon

1 April 2019
The agreement between the Mozambican government and the Rovuma Area 4 Area operators is expected to be reached "soon," thereby allowing the natural gas project to go ahead, said the Minister of Mineral Resources and Energy.

Greater Bay Area on Forum Macau agenda for 2019

28 March 2019
Forum Macau unanimously approved the work plan for 2019, which clearly states the need to increase cooperation with the Guangdong-Hong Kong-Macau Greater Bay Area (GBA).

Mozambique’s ENH will receive state guarantee to issue Eurobonds

28 March 2019
The Mozambican government will grant a State endorsement on the issue of Eurobonds by oil company ENH in order to guarantee its participation in natural gas projects, the Economist Intelligence Unit (EIU) reported.

Mozambican Sovereign Fund must have independent management

28 March 2019
The Sovereign Fund to be set up in Mozambique with revenues from natural gas exploration in the north of the country should operate independently, said President Filipe Nyusi.

International Monetary Fund analyses emergency credit to Mozambique

27 March 2019
The International Monetary Fund (IMF) is considering granting an emergency loan to Mozambique of between US$60 million and US$120 million, the IMF's mission head for Mozambique announced on Tuesday in Maputo.

Hyundai Motors plans to build heavy vehicles in Angola

25 March 2019
South Korean group Hyundai Motors plans to build a factory in Angola to assemble heavy-duty vehicles, the group's sales director for commercial vehicles announced on Friday in Luanda.

Mozambique’s insurers negotiate requirements to participate in natural gas projects

22 March 2019
The requirements set out by foreign groups for the participation of Mozambican insurance companies in natural gas projects are being negotiated and may be revised, said the president of Mozambican insurance company Emose.

Chinese company Qingdao Jinhui Graphite interested in a mining project in Mozambique

20 March 2019
Triton Minerals has signed a memorandum of understanding with Chinese company Qingdao Jinhui Graphite Co. Ltd which could become a binding agreement within six months, the Australian company said recently.

Mozambique’s agricultural development model must be more competitive

19 March 2019
Mozambique's agricultural development model has to be changed in order to be more competitive and create added value, said Mateus Magala, vice president of the African Development Bank (AfDB), in Maputo recently.

ENI announces start of natural gas extraction in Mozambique by 2024

18 March 2019
Extraction and processing of natural gas in the Mamba field in the Rovuma Basin Area 4 block in northern Mozambique is expected to begin by 2024, the chief executive of Italian group ENI said on Friday in Milan.

Portuguese-speaking countries showcased at Macau market

18 March 2019
A market focused on products from Portuguese-speaking countries and from Macau is due to be held on the Macau peninsula between 29 and 31 March, according to the Macau Trade and Investment Promotion Institute.

Kenmare Resources exports record amount of minerals extracted in Mozambique in 2018

15 March 2019
Kenmare Resources reported the third consecutive year of record export of minerals extracted from the Moma heavy sand deposits in Nampula province, northern Mozambique, in 2018, the Irish company said.

Angola and Mozambique stand out in 2018 by number of construction projects

14 March 2019
Angola and Mozambique were the second and third countries in Southern Africa in 2018 with the highest number of construction projects worth US$50 million or more, according to consulting firm Deloitte.
imgUseful links


Get our latest news

MACAUHUB MACAUHUB
MACAUHUB FRENCH