Extractives
Politics & Economy
0

Renamo in turmoil, with elections and peace on the horizon

Renamo’s participation in this year’s Presidential elections is in doubt after a senior officer in the party’s military wing said the party’s leader, Ossufo Momade, would be killed if he does not stand aside before the deadline to submit candidates for October’s Presidential election. A [...]

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Business
Infrastructure
0

Floods leave thousands homeless, and halt Vale coal exports from Tete

Nine people have died and thousands have been left homeless by the flooding in Tete that has caused almost MZN 1 billion ($16 million) worth of damage to infrastructure in the province. The bridge over the Revubue, which connects Moatize with the city of [...]

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Development
Heavy Industry
0

Frelimo holding company sells cement plant stake in $85m deal

A Singaporean company has agreed to pay $85 million for a majority  stake in a cement plant near Maputo which until last month was 99% owned by a company described as “the financial arm” of Mozambique’s ruling party, Frelimo. The cement plant project at [...]

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