Browsing: Tete
Property developer Grit cashes in on Mozambique gas and mining boom
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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Tear gas fired at striking coal miners ahead of mine expansion consultation
Police fired tear gas on striking coal miners in the province of Tete on Thursday, who were protesting at poor treatment by an Indian contractor of Indian state-owned mining consortium ICVL — which is hoping to expand its activities in the province.
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Mozambique coal miner resettles families after seven-year community dispute
Indian steel producer Jindal has finally resettled 100 families from its coal mine in Tete province, seven years after it [...]
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Vale coal production hit by Mozambique’s rainy season
Severe rains in Tete province hit Vale’s coal production in the first three months of 2019, with total production down 29% on the previous quarter, and production of higher-value metallurgical coal down 36%.
Heavy [...]
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Fastjet ‘challenged’ by increased competition in Mozambique’s skies
In March 2018, East African low-cost airline Fastjet was bullish about its freshly launched business in Mozambique; in five months, the airline had achieved “strong load factors” on its initial routes between Maputo and Beira, Nampula and Tete. But just over a year later, Fastjet says its [...]
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Floods leave thousands homeless, and halt Vale coal exports from Tete
Nine people have died and thousands have been left homeless by the flooding in Tete that has caused almost MZN 1 billion ($16 million) worth of damage to infrastructure in the province. The bridge over the Revubue, which connects Moatize with the city of [...]
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Vale agrees $1.7m payout to end 10-year Moatize dispute
Brazilian mining company Vale has agreed to make a $1.67 million payout to compensate a community of brick-makers in Moatize, who lost their livelihoods when work began at the mine ten years ago.
Representatives of the two parties signed a memorandum of understanding in Moatize on Wednesday, [...]
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Returned refugees say they live in peace with Renamo, despite claims to contrary
Claims that Renamo has been mistreating Mozambicans returning to Tete province from a refugee camp in Malawi have been met with scepticism from the United Nations’ refugee agency, the UNHCR, that manages the camp.
In January Mozambique’s National Defence and Security Council (Conselho [...]
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Zitamar Daily Briefing, 25 January
Welcome to Zitamar’s daily Mozambique briefing for 25 January, 2019.
Agenda:
- Today: Launch event for US-Africa business forum planned for June in Maputo
- Today: Prime Minister embarks on a three-day visit to Sofala and Zambezia to [...]
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