Roughly a third of the 3,000 civil construction companies that operated in Mozambique in 2014 are now technically bankrupt, and 20% have already closed their doors as a result of the country's’ economic crisis, according to industry figures. [...]
Mozambique’s biggest cement producer has warned that continuing to import cement could kill off the domestic cement industry, insisting the country has enough capacity to meet domestic demand. Speaking to
- BNDES loan financed ‘white elephant’ airport built by Odebrecht
- Arrears to bilateral lender could affect restructure of ‘hidden’ [...]
A Portuguese construction company is preparing to restart activities at a quarry close to the headquarters of the leader of armed opposition party Renamo, thanks to the recent extension of
One of just four listed companies on Mozambique’s stock exchange has changed hands in a management buyout (MBO), at a 60% discount on its most recent quoted price. Mozambican civil engineering company
Zimbabwe has put in place a plan to upgrade one of its major roads that links it with Mozambique to the north-east, the Minister of Transport and Infrastructure Development told Zitamar News. Joram Gumbo told Zitamar in an interview on Friday, August 26, that after the [...]
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.
The government of Mozambique has launched a tender for consultants to design and manage a project to build a new higher education college in the north of the country, to be financed by the Arab Bank for Economic Development (BADEA).