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.
Government Bets on LNG Boom to Revive Economic Growth to 9.5% by 2029
By MOZTIMES Maputo (MOZTIMES) — Mozambique is projecting a sharp economic recovery over the next four years, driven largely by the...
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Chapo Insists that Mozal will Resume Production
By Paul Fauvet Maputo (MOZTIMES) - Mozambican President Daniel Chapo guaranteed on Thursday that country’s largest industry, the Mozal aluminium...
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Emergency Work Begins in Three River Basins
By Paul Fauvet Maputo (MOZTIMES) - The Mozambican Minister of Public Works, Fernando Rafael, on Thursday launched emergency work for...
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We Must Stop Exporting Raw Materials, Says CTA
By Paul Fauvet Maputo (MOZTIMES) – The chairperson of the Confederation of Mozambican Business Associations (CTA), Alvaro Massingue, has warned...
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Mozambique Airports Company Shows a Profit
By MOZTIMES Maputo (MOZTIMES) - After many years of running at a loss, the publicly owned Mozambique Airports company (AdM), finally...
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Inhambane Will be “Main Pole of Golf Tourism”, Says Chapo
By Paul Fauvet Maputo (MOZTIMES) - Mozambican President Daniel Chapo announced on Saturday that the southern province of Inhambane will...
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Chapo Meets with General Director of ExxonMobil
By Paul Fauvet Maputo (MOZTIMES) – Mozambican President Daniel Chapo on Friday granted an audience in Maputo to the recently...
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Transport Companies Increase Long Distance Bus Fares
By Paul Fauvet Maputo (MOZTIMES) - Transport operators in Mozambique have increased the fares charged for long distance bus routes...
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Chapo Addresses Dialogue on Tourism in Angola
By MOZTIMES Luanda (MOZTIMES) – Mozambican President Daniel Chapo has called for structural investment in tourism, in order to reduce...
Read moreDetailsMozambique’s Private Sector Warns Recovery Depends on Fixing Foreign Currency Shortages and State Debt
By MOZTIMES MAPUTO (MOZTIMES) - Mozambique's private sector says the country's economic recovery will remain fragile unless the authorities tackle persistent...
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