Browsing: Business

Agriculture
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Nyusi declares agriculture ‘national emergency’ in second term commitments

Filipe Nyusi has declared combating poverty through investing in agriculture a “national emergency” and pledged to devote 10% of the state budget to the sector, in a speech following his swearing in for a second term as President of Mozambique on Wednesday. Agriculture and industrialisation [...]

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Business
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Mozambique brings in lion’s share of Grit’s rents

Africa-focused property developer Grit is estimated to be earning over $13m a year in rent from its six biggest tenants in Mozambique, with natural resources companies bringing in the majority, according to an analysis of the company’s annual [...]

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Mozambique's Northern Insurgency
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British security consultant shot in attack close to Cabo Delgado LNG projects

A British security consultant has been evacuated to South Africa for medical assistance after being shot by attackers who also killed a passing cyclist, close to the town of Palma in Cabo Delgado on Tuesday, 3 December.

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Politics
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One dead in latest bus shooting in central Mozambique

One person died and five were injured on Thursday morning when unknown individuals opened fire on a passenger bus and a truck travelling along Mozambique’s main north-south highway, between the towns of Inchope and Gorongosa in Sofala [...]

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Hidden Debts dossier
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Privinvest continues offshore logistics operation in Mozambique despite litigation

Privinvest, the contractor which supplied Mozambique’s controversial ‘hidden debts’ security companies, continues to do business in the country through a logistics subsidiary which provides services to offshore oil and gas operations, despite ongoing legal action [...]

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