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.
Mozambican Government Warns of Possible Fuel Price Rise
By Paul Fauvet Maputo (MOZTIMES) – The Mozambican government has warned of possible rises in the price of fuel. Despite the...
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Mozambique Doubles Down on Gas, but Delivery Gap Persists
By MOZTIMES Maputo (MOZTIMES) - Mozambican President Daniel Chapo on Wednesday renewed a long-standing pledge to shift the country from...
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Fuel Shortages, Liquidity Problems and Hoarding
By MOZTIMES Maputo (MOZTIMES) – On Sunday, the Mozambican government insisted, for the second time in 24 hours, that there is...
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Fuel Shortages hit Maputo as Government Pushes Reforms
By MOZTIMES Maputo (MOZTIMES) - Fuel shortages reported across parts of Maputo on Monday and Tuesday cast immediate doubt on...
Read moreDetailsMozambique Faces Rising Fuel Risks, as Ruling Party Reviews Economic Outlook
By MOZTIMES Maputo (MOZTIMES) - Mozambique is bracing for potential fuel price rises linked to Middle East tensions, as the...
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Mozambique Confirms Early Repayment of Entire IMF Debt
- However, the country says it is negotiating a new programme to preserve long-term macroeconomic stability By MOZTIMES Maputo (MOZTIMES)...
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Mozambique to Maintain Fuel Prices Until End of April Despite Global Oil Surge
- About 80% of fuel imported into Mozambique passes through the Strait of Hormuz, off Iran - In extreme scenarios,...
Read moreDetailsMozambique Hires Alvarez & Marsal to Help Restore Public Finances Amid IMF Criticism
- IMF refused to grant new financing , demanding structural economic reforms - Contracted firm specialises in restructuring large, bankrupt...
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Jeffrey Sachs Volunteers to Support President Chapo’s Economic Progamme
By Paul Fauvet, in Addis Ababa Addis Ababa (MOZTIMES) - Mozambican President Daniel Chapo on Friday received the prominent United...
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SMEs Challenged to Integrate Technical Standards Into their Production Portfolio
By MOZTIMES Maputo (MOZTIMES) – Mozambique’s National Institute for Standardization and Quality (INNOQ) has called on small and medium-sized enterprises...
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