Intelligent news from Mozambique

Zitamar Daily Briefing, 20 December 2017

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Welcome to Zitamar’s daily Mozambique briefing for 20 December, 2017 – the last Daily Briefing of this year.

The latest from Zitamar News:

Mozambique terminates Cornelder concession for Quelimane port
Cornelder replacement with state-owned CFM aims to simplify certain conflicting interests

Total abandons upstream operations in Mozambique
Total inherited its two blocks from Petronas but has decided not to continue exploring

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The best of the rest:

Hungry cotton farmers switch crops (Correio da Manhã)
Twenty thousand cotton producers in Mozambique have abandoned the crop during the 2016-17 season, switching to edible crops – in particular, sesame. The number of producers registered with the Mozambican Cotton Institute (Instituto do Algodão de Moçambique, IAM), fell from 190,000 to 170,000 over the last year, with most of those quitting cotton located in central Mozambique.

Three tropical cyclones could hit Mozambique next year (Radio Moçambique)
Mozambique could be hit by three tropical cyclones in the first quarter of 2018, with five cyclones forecast for the Mozambique Channel in that period. Meteorological institute INAM also said that southern Mozambique will continue to receive less rainfall than usual.

Rapid intervention force head killed in Mocímboa da Praia (O País)
A surprise attack on Mozambique’s armed defence forces in Mocimboa da Praia on Sunday morning left a national director of the police’s elite Rapid Intervention Unit (UIR) dead. The man, identified only as Lorino, was shot in his car during an hour-long firefight which injured a further five UIR agents, local witnesses said.

Agenda

  • Today: President Filipe Nyusi delivers his State of the Nation address to parliament
  • Today: Bank of Mozambique begins its monetary policy meeting – decision due on Friday
  • Today: Verdict expected in the Agriculture Development Fund (FDA) corruption case
  • Today: New fuel prices come into effect, with petrol slightly cheaper than yesterday

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