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. [...]
Cornelder de Moçambique, a Mozambican company part-owned by the Dutch Port of Rotterdam, is in line for an extension to its concession to run the Port of Beira on the condition that it upgrades the port’s cargo loading capacity.
Mozambique’s national airline, LAM, says its fuel crisis this week is due to its supplier, BP, running out of fuel - but not because it owes BP money. BP re-started supplying LAM in February, having cut off [...]
The board of Mozambique’s national airline, LAM, is meeting today to try to find a new company to sell it fuel after its existing supplier, which it refuses to name, cut supplies to the company last week. A lack [...]
Mozambique’s minister of transport, Carlos Mesquita, has quashed talk of closing Mozambique’s smaller airports to international traffic, ending years of speculation that international flights to important tourism and business destinations would have to [...]
Hidroelectrica de Cahora Bassa (HCB), the 2 gigawatt Mozambican hydropower dam in Tete province, is hiring legal and financial advisers ahead of a planned listing on Mozambique’s stock exchange, the Bolsa de Valores de Moçambique (BVM).