Mozambique’s troubled state-owned electricity utility, EDM, today announced a sharp increase in tariffs with the aim of gradually bringing its prices into line with the cost of producing electricity. EDM, which on Friday appointed a new executive board, is one of four state-owned companies named in a Ministry of Finance document last week as “facing…...
Latest Headlines
- Zitamar Daily Briefing, 24 May
- Several beheaded as insurgents cross Macomia
- Vulcan rejects Moatize protesters’ demands, as coal mine strike continues
- Zitamar Daily Briefing, 23 May
- Bank of Mozambique holds interest rates as inflation rises
- Vulcan promises striking coal miners new offer by end of this week
- Moatize coal miners on strike over Vale’s sale to Vulcan
- IS designates Mozambique as its own province following battle in Quiterajo