New Energy Minerals (NEM) expects Chinese demand for reinforced steel to underpin its vanadium mining project at Cuala in Cabo Delgado, and has secured a $3.6 million investment from a Hong Kong investment group to push the development [...]
The result of municipal elections in 52 of Mozambique’s 53 municipalities was confirmed by Mozambique’s Constitutional Council today - although the body ordered that part of the election in the town of Marromeu to be re-run.
UPDATE, 15 November 2018, 09:20: Shoprite has confirmed it has closed the Usave store in Dondo, "but no firm decisions have yet been made on the other two Usave branches in the country." South African supermarket chain Shoprite is closing a number of its smaller retail outlets in [...]
- Gunvor is paying for the $20 million refurbishment of Nacala fuel terminal, and is negotiating rights to all non-coal capacity on the Nacala rail line, sources say - Traders fear the deal will give the Swiss-based commodities trader control of fuel sales to Mozambique’s [...]
An existing food crisis in semi-arid regions of central and southern Mozambique is forecast to worsen in the coming months, and could also reach the northern Cabo Delgado province if further attacks force more [...]