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 Considers Publishing Public-Private Partnership Contracts
By MOZTIMES Maputo (MOZTIMES)—According to a statement from the Council of Ministers issued on Tuesday, the Government of Mozambique is...
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Parliament Extends VAT Exemption for Domestic Industry Until End of 2025
- Measure benefits industrial operations in sugar, oil and soap production By MOZTIMES Maputo (MOZTIMES)—Mozambique’s Parliament approved on Wednesday the...
Read moreDetailsPublic Spending and Budget Deficit Cut in 2025 State Budget
– Economist Constantino Marrengula warns of risk to social sectors By Noémia Mendes Maputo (MOZTIMES) – The Economic and Social Plan and...
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TWIGG Uses Police Force to Resume Graphite Mining in Balama
- Local farmers and traditional leader detained by police to enable mining operations to restart By Noémia Mendes Maputo (MOZTIMES)...
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Funding Allocated to Provinces Extracting Natural Resources Drops by 38%
– Budget cut poses a serious challenge to community development, says expert By Noémia Mendes Maputo (MOZTIMES) - The Government...
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Negotiation of New Mega Project Contracts Must Be More Transparent, Says Expert
- Kenmare, Sasol and MOZAL among companies negotiating contract renewals - President Chapo says new mega project contracts must bring...
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IOM and Government of Japan Fund Community and Border Security in Cabo Delgado
- Abudo Garufo, a human rights activist in Cabo Delgado, says that much of the funding does not reach the...
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Banks Open USD 150 Million Credit Line with Subsidised Interest Rates
- Muslim entrepreneurs do not apply for financing due to variable interest rates - Protests have already caused losses of...
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REVIMO Suspends 380 Workers Due to Tollgate Destruction
- Of REVIMO's 16 tollgates, 13 have ceased charging fees By Noémia Mendes Maputo (MOZTIMES) – The Mozambican Road Network company...
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Some 40% of Clients have Stopped Paying Motor Insurance, Due to the Post-Election Crisis
- There has been an increase in accidents caused by demonstrations and with no conventional insurance cover - Insurance companies...
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