March 28
Mozambique: Bank Cuts Its Reference Interest Rate
The Monetary Policy Committee of the Bank of Mozambique (CPMO), meeting in Maputo on Wednesday, announced a cut in its main interest rate of 75 base points. Read more »
March 26
Mozambique: Health Workers Threaten to Resume Strike As of Thursday
The Association of United Mozambican Health Professionals (APSUSM) has threatened to resume its nationwide strike as of Thursday supposedly because the Health Ministry (MISAU), has… Read more »
March 01
Mozambique: Government Needs 100 Million Dollars for Rail Electrification
The Mozambican government needs about 100 million dollars to implement the pilot rail electrification project, from Maputo city to the border with South Africa at Ressano Garcia,… Read more »
February 29
Mozambique: South African Takes Over Mozambique Airlines As Director General
The executive director of the South African Company Fly Modern Ark (FMA), Theunis Crous, is the new general-director of the publicly-owned Mozambique Airlines (LAM). Read more »
February 22
Mozambique: Government Lacks Money to Pay Allowances to Victims of Dump Collapse
The Mozambican government is working with partners in order to mobilize financial resources to pay overdue allowances to 120 households who were victims of the collapse of the… Read more »
February 14
Mozambique: Govt Wins Case, Won't Pay Over $100m to Indian Company
Mozambique has won an arbitration case and avoided paying over 100 million US dollars in a case against the Indian company Patel Engineering Ltd (PEL). Read more »
Mozambique: - Mozambican Economy Grew By Five Per Cent in 2023
The Mozambican economy grew by five per cent in 2023, compared to 4.4 per cent in 2022, driven by the extractive industry, tourism, agriculture, transport and communications. Read more »
January 30
Mozambique: - Lam Still in the Readaptation Phase, Says Minister
The Minister of Transport, Mateus Magala, claims that Mozambique Airlines (LAM) is still in the readaptation phase, following a malfunction that prevented one of the company's… Read more »
Mozambique: - Mozambique and French Energy Agency Strengthen Cooperation
The Mozambican government and the French International Energy Agency (IEA) have strengthened cooperation in order to attract more investment in the energy sector, taking into… Read more »
January 09
Mozambique: IMF Disburses Over 60 Million Dollars to Mozambique
The Executive Board of the International Monetary Fund (IMF) declared on Monday that it is allowing immediate disbursement to Mozambique of 45.44 million Special Drawing Rights… Read more »
January 07
Mozambique: Vehicles Banned From Using Bridge Over Zambezi
Mozambique's National Roads Administration (ANE) has forbidden all vehicles from using the Samora Machel Bridge over the Zambezi river, in the central city of Tete. Read more »
January 05
Mozambique: Commercial Banks Reduce Number of ATMs
Mozambican commercial banks have been making life more difficult for their customers by reducing the number of ATMs from which money can be withdrawn. Read more »
January 04
Mozambique: Teachers Threaten to Boycott Start of School Year
Mozambique's National Association of Teachers (ANAPRO) has threatened to boycott the ceremonies marking the start of the 2024 school year unless by then they have received the… Read more »
January 03
Mozambique: Road Accidents Lead Trauma Cases During Festive Season in Hcm
The Emergency Department of Maputo Central Hospital (HCM), the largest health unit in Mozambique, received, during the festive season, 611 trauma patients, 153 of whom were injured… Read more »
Mozambique: Prime Rate Falls After Six Months of Stability
The prime rate, which is responsible for loans and other credit operations in the financial system, has fallen from 24.1% to 23.5%, a reduction of 0.60 percentage points, according… Read more »
Mozambique: Lam Receives Its First Boeing 737-300 Freighter
Mozambique Airlines (LAM) has received its first Boeing 737-300 freighter, which will meet the demand for the transportation of goods. Read more »
Mozambique: Overloaded Truck Destroys Bridge in Nampula
A truck, overloaded with timber, caused the collapse on Monday of a metallic bridge over the Muririmue river, between the districts of Mogovolas and Moma in the northern Mozambican… Read more »
January 02
Mozambique: Commander Promises to Pay Back Wages
The General Commander of the Mozambican police force (PRM), Bernadino Rafael, announced on Saturday that the PRM is working with the Ministry of Economy and Finance so that, by the… Read more »
Mozambique: Mozambique Orders 10 More Locomotives From India
The Indian company Banaras Locomotive Works (BLW) has confirmed the reception of an order from Mozambique for the manufacture and delivery of ten new Cape Gauge diesel locomotives. Read more »
December 28, 2023
Mozambique: A Million Passengers in Mozambican Airports in 2023
Mozambique's publicly owned airports company, ADM, has received more than a million passengers this year, thus recovering from the effects of the Covid-19 pandemic somewhat earlier… Read more »
December 26, 2023
Mozambique: Electricity Comes to Mandie
The Mozambican publicly owned electricity company, EDM, on Friday connected the Mandie administrative post, in Guro district, in the central province of Manica, to the national… Read more »
December 21, 2023
Mozambique: Predicts 5.5 Per Cent Growth Rate in 2024
The Mozambican government is forecasting a growth of 5.5 per cent in the country's GDP in 2024, President Filipe Nyusi announced on Wednesday. Read more »
December 20, 2023
Mozambique: - Cyber Attacks Jeopardize the National Economy
The Governor of the Bank of Mozambique, Rogério Zandamela, has called for greater literacy among Mozambican citizens on digital banking, taking into account that cyber… Read more »
Mozambique: Mozambique Approves Strategy For Combating Financing of Terrorism
Mozambican Government has approved a Strategy for Combating the Financing of Terrorism over the 2024-2029 period. Read more »
December 19, 2023
Mozambique: Hidroelectrica de Cahora Bassa Surpasses By 12% Its Annual Production Target
Hidroelectrica de Cahora Bassa (HCB), the company that operates the Cahora Bassa dam on the Zambezi River, in the western Mozambican province of Tete, has surpassed by 12 per cent… Read more »