May 25
Mozambique: IMF to visit Mozambique in June, in Rapid Policy Change
An IMF team will visit Mozambique in June to discuss a new loan, in a sudden reversal of its position announced on 23 April. A year ago in April 2025 Mozambique and the IMF… Read more »
May 18
Mozambique: More Detailed Explanation of Gas Revenue Calculation
Rui Mate analysed only Coral Sul because it is the only Cabo Delgado gas project in operation and thus the only one with published data to check his projections for the first three… Read more »
Mozambique: Gas Bonanza is a Myth, Detailed CIP Study Shows
Gas will generate billions of dollars in state revenue, but much less than predicted and not for a decade. Other investments in agriculture and mineral processing would generate… Read more »
April 30
Mozambique: Small Increase in Minimum Wage, But No Hikes for Health, Govt Workers
Small increases in minimum wages for the private sector were approved Tuesday (28 April) by the Council of Ministers, after negotiations between government, employers and the trade… Read more »
March 30
Mozambique: World Bank Warns of Social & 'Economic Instability' Which Could Cven Threaten The Gas Projects
The Mozambican economy is a house of cards which will collapse, and probably sooner rather than later, shows the World Bank, in an unusually harsh report published 19 March. "The… Read more »
February 25
Mozambique: IMF Navigates Economic Policy Strains With Govt
IMF thinks the money pot is empty and collapse is nigh, but Frelimo is 'cautiously optimistic' Read more »
February 18
Mozambique: IMF Dashes Chapo's Hopes and Sets the Course for Hard Times
Chapo's hopes for IMF approval were dashed today (17 February) by the IMF Executive Board, with no discussion of a new loan or programme. President Daniel Chapo has publicly put… Read more »
September 10, 2025
Mozambique: No Agreement Yet on Gas Resumption
Despite repeated promises that work would resume "soon" on the Cabo Delgado gas, little is happening. Offshore Area 1 is shared by consortia headed by the French TotalEnergies and… Read more »
Mozambique: IMF Demands Austerity and Devaluation
There will be no IMF agreement or loans this year, said the IMF team which visited Mozambique 21-29 August. It simply said negotiations "will continue in the coming months". And it… Read more »
October 06, 2025
Mozambique: Mining Banned in Manica in Chapo's First Attack on Oligarchs
All mining in Manica province was banned on Tuesday 30 September by the Mozambique Council of Ministers, which ordered the army to enforce the ban. The action was taken to stop… Read more »
October 29, 2025
Mozambique: TotalEnergies Demands Billions of Dollars More Profit to Turn On the Gas - But Will Negotiate
TotalEnergies says it will only end force majuere and restart the gas project if the government pays the $4.5bn cost of the closure, takes on more of the risks, and allows… Read more »
October 08, 2025
Mozambique: Gas Companies Demand a Foreign-Controlled Fortress
A meeting in Maputo Thursday 10 July between TotalEnergies CEO Patrick Pouyanne and President Daniel Chapo did not lead to agreement on restarting the giant gas project in Cabo… Read more »
September 10, 2025
Mozambique: No Agreement Yet on Gas Resumption
Despite repeated promises that work would resume "soon" on the Cabo Delgado gas, little is happening. Offshore Area 1 is shared by consortia headed by the French TotalEnergies and… Read more »
Mozambique: IMF Demands Austerity And Devaluation
There will be no IMF agreement or loans this year, said the IMF team which visited Mozambique 21-29 August. It simply said negotiations "will continue in the coming months". And it… Read more »
