Browsing: Business

Agriculture Ernesto Max Tonela-Ministro Industria e Comercio_Majid Saif Al Ghurair-P...
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Maputo became home to the third Dubai Chamber of Commerce and Industry on the African continent yesterday, with Mozambique joining Ethiopia and Ghana as a priority investment destination for the Arab Emirate. Agriculture, infrastructure, power generation, tourism, and transport were [...]

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Economy Prime Minister Carlos Agostinho do Rosario addressing journalists on 28 April 2016. © Zitamar News
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Mozambique’s government has promised to work out what portion of the $1.16 billion debt it guaranteed for ProIndicus and Mozambique Asset Management was “in the public interest” – taking that part onto the state balance sheet, while hoping the companies [...]

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Business A worker at Vale's Moatize coal mining project. Photo: Vale
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Workers in the mining and energy sectors will benefit most from new minimum wages announced yesterday by Mozambique’s council of ministers, under which large mining, electricity, water and gas companies must now pay workers more than 6,000 meticais per [...]

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Politics Rural Manica, the province where the alleged attacks took place. © Zitamar News
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Police foiled an apparent attempt by armed members of rebel movement Renamo to take control of a village in northern Sofala province on Monday, according to a police spokesman in Maputo today. However, a Renamo spokesman denied knowledge of the incident. [...]

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Construction The existing Escola Industrial e Comercial in Inhassoro
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South African energy company Sasol is tendering for construction companies to build a new training centre southern Mozambique to provide locals with the skills to needed to work on its oil and gas project in the province of Inhambane.

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Business Nyusi and Merkel met in Berlin on 19 April. Photo © Bundesregierung/Guido Bergmann
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Mozambique’s President Filipe Nyusi is today meeting with German businesspeople in Berlin to convince them that it is safe to invest in Mozambique, ahead of a series of meetings with German and European politicians to discuss his country’s current [...]

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Politics A lorry ablaze on the EN7, Sunday 17 April 2016
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Traffic on Mozambique’s EN7 highway between Chimoio and Tete was interrupted for over 15 hours over the past weekend following heavy fighting between government forces and the armed wing of the country’s main opposition party, Renamo, according to sources on the ground. Zitamar News [...]

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Business Magazine Independente revealed INSS's controversial investment in CR Aviation on 26 January 2016
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Mozambique’s state pension and social security company, the Instituto Nacional de Segurança Social (INSS), is looking to hire a PR agency to help clean up its image after it hit the headlines for the wrong reasons earlier this year.

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