Browsing: Business

Business Photo: Green Resources
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Green Resources, the Norwegian forestry company that grows eucalyptus and pine in northern Mozambique, Tanzania, and Uganda, lost $48.1 million in the 2015 financial year despite a significant reduction in spending in Mozambique’s Niassa province. The company’s biggest project in Mozambique [...]

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Business The collapsed section of the wall. Photo: DW / Romeu da Silva
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The engineering consultancy accused of having approved the Zimpeto Olympic swimming pool building, which collapsed on 20 February killing Mozambique's national swimming coach, has denied it was responsible for checking the quality of the building work. [...]

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Politics Júlio dos Santos Jane. Photo: Frelimo.org.mz
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Mozambican President Filipe Nyusi yesterday appointed a military commander to head up the country’s police force, turning to Júlio dos Santos Jane, a former deputy chief of staff who most recently headed up the armed forces’ Civic Service wing.

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Business Photo: ZItamar News
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A report on corruption in Mozambique’s business environment has given the country a score of zero out of 100 for its enforcement of laws prohibiting the bribery of public officials, and argues that Mozambican businesses have little incentive to promote [...]

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Business A branch of Barclays Bank in Maputo. Photo © Tom Bowker / Zitamar News
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British banking group Barclays today confirmed its intention to sell its majority stake in its African banking arm Barclays Africa Group Limited (BAGL), in order to reduce its exposure to new rules governing globally significant banks, and to focus on its [...]

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