Business
Mozambique is one of the main destinations for foreign direct investment on the African continent, mainly for exploration and exploitation of natural resources (forestry, mining, energy and fishing). Mozambique is also one of the top producers and exporters of electricity, rubies, graphite, coal and aluminium, and it also produces and exports significant quantities of fisheries produce and agricultural resources. Several international companies operate in the country, mainly Western, Chinese and South African. Telecommunications, financial, hotel and tourism services are widely available in Mozambique and can be found in any small or medium-sized town. The Government controls strategic sectors through state-owned companies, including the management of ports, railways, airports, air transport services, and the supply of water and electricity. MOZ TIMES covers business in Mozambique, focusing on events with impact on investors and markets.
Moçambique Launches Reforms to Cut Red Tape
By MOZTIMES Maputo (MOZTIMES) – The Mozambican government has approved a package of economic and administrative reforms, intended to cut red...
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Mozambique Raises State Spending as IMF Loan Remains Uncertain
- Budget amendments come amid a severe public liquidity crisis - Without a new IMF programme, the government will rely...
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No More Cuts in Interest Rates, Says Bank of Mozambique
By Paul Fauvet Maputo (MOZTIMES) – The Bank of Mozambique’s Monetary Policy Committee (CPMO), meeting in Maputo on Monday, decided...
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Mozambican Government Wants Access to International Climate Funding
By MOZTIMES Maputo (MOZTIMES) – The Mozambican Minister of Agriculture, Roberto Albino, has called for strategies that would allow the...
Read moreDetailsMozambique Sets Up Central Purchasing Body
By MOZTIMES Maputo (MOZTIMES) – The Mozambican government has approved further restructuring of the public administration, including the creation of...
Read moreDetailsGovernment Admits Irregularities in Fuel Crisis
By MOZTIMES Maputo (MOZTIMES) – The Mozambican government admitted on Tuesday that there are irregularities in the fuel distribution chain...
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Mozambican Government Expects to Collect Almost 80 Million Dollars from LNG this Year
By MOZTIMES Maputo (MOZTIMES) – Mozambican Finance Minister Carla Louveira says the government expects to collect about 76.8 million US...
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Chapo Launches 4.6 billion US Dollar Plan to Staunch Water Crisis
By MOZTIMES Maputo (MOZTIMES) – Mozambican President Daniel Chapo on Monday launched PROÁguas, the National Water Security Compact for 2026-2036, a...
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Mozambique Seeks to Market 14.6 Million Tonnes of Agricultural Produce
By Paul Fauvet Maputo (MOZTIMES) - Mozambican President Daniel Chapo on Saturday declared that the country hopes to market 14.6...
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Mozambique Rolls out 190 Gas-powered Buses as Chapo Bets on Domestic Energy
By MOZTIMES Maputo (MOZTIMES) - Mozambican President Daniel Chapo on Monday launched 190 gas-powered buses for the Maputo metropolitan area,...
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