Browsing: Maputo

Business Commodity House 2 in Maputo, home to ExxonMobil in Mozambique
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Property developer Grit Real Estate Income Group appears to be cashing in on the anticipated resource boom in Mozambique, as oil and mining companies are estimated to be paying a total of around $5-6 million a year in rent for their offices and luxury flats in Maputo and Tete. Anadarko is [...]

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Business Part of the land in Sommerschield to be taken over by ExxonMobil. Photo © Tom Bowker / Zitamar News
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ExxonMobil has bought the rights to a 12 hectare plot of land in Maputo, capital of Mozambique, from state telecoms operator TMCEL, Zitamar News has learned. The US oil giant has paid $47 million for the plot in Sommerschield, neighbouring the Eduardo Mondlane University campus, [...]

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Politics From left to right: Filomena Mutoropa, Nampula, PAHUMO; Manuel de Araujo, Quelimane, Renamo; Daviz Simango, Beira, MDM; Eneas Comiche, Maputo, Frelimo
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Next month sees the first time that MDM and Renamo have faced off in municipal elections, so the dynamics of having two significant opposition parties remain to be seen. That said, early indications are that Frelimo will benefit from the split opposition. [...]

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