Single interest rate for loans opens at 27.75 percent - Mozambique
Poultry companies are suffering from the extremely high temperatures earlier this month, and told Minister of Agriculture and Food Security Jose Pacheco of the problems they are facing. On three days (10, 22 and 24 December) the company Quantum, located in the Maputo district of Boane, lost over 30,100 of its laying hens. On each of those days, the company lost an average of 26,000 eggs.
Nonetheless, the managers of Quantum told “O Pais” they are not about to give up on the poultry business, but plan to acquire a further 5,000 breeding hens on 2 January, who will join the 180,000 that survived the December heat.
Manager Freek Homan complained to Pacheco of repeated power cuts, and of the failure of the electricity company, EDM, to warn its clients, even when the cuts are planned (for instance, when EDM brigades are working on the transmission lines).
When there is no warning, Homan added, the company is caught unawares without enough fuel for its back-up generators.Source: AIM