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.
Mozambique Reports Four 4% Rise in Gold Production
By Paul Fauvet Maputo, 18 Jun (Mozambique Times) - Mozambican gold production rose by four per cent in the first...
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Mozambique Steps Up Fiscal Reforms As It Seeks New IMF Financial Support
By MOZTIMES Maputo (MOZTIMES) - The Mozambican government says it is accelerating fiscal consolidation measures as it seeks a new...
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Government Reforms Licensing to Attract Investment
By MOZTIMES Maputo (MOZTIMES) – The Mozambican government on Tuesday approved a series of reforms in the regime of industrial licensing...
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South African IDC Considers Buying Mozal
By Paul Fauvet Maputo (MOZTIMES) – The South African Industrial Development Corporation (IDC) is considering buying the Mozal aluminium smelter...
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CFM Announces Second Phase of Doubling Track on Line to South Africa
By MOZTIMES Maputo (MOZTIMES) - Mozambique’s public owned ports and rail company, CFM, has announced the second phase of the...
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IMF Concludes Preliminary Assessment of Mozambican Loan Request
By Paul Fauvet Maputo (MOZTIMES) - The International Monetary Fund (IMF) has concluded its preliminary assessment of a request by...
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Mozambique Hosts New SADC Centre to Protect Fisheries
By MOZTIMES Maputo (MOZTIMES) - Mozambican President Daniel Chapo on Thursday strengthened the country’s position as a regional leader in...
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New Storage Facility Inaugurated in Maputo Port
By Paul Fauvet Maputo (MOZTIMES) - The Mozambican Minister of Transport and Logistics, Joao Matlombe, on Wednesday inaugurated “Slab 9A”,...
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Mozambique Seeks to Elevate EU Partnership Beyond Resource Extraction
By MOZTIMES Maputo (MOZTIMES) – Mozambican President Daniel Chapo on Tuesday called for a new phase in Mozambique's relationship with the...
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Government Turns to Private Investment to Overhaul Key Trade Corridors
By MOZTIMES Maputo (MOZTIMES) — The Mozambican government has unveiled an ambitious plan to modernize strategic border crossings and logistics infrastructure,...
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