Newsletter
Current issue

Please enter your email address for newsletter subscription

Investor
View this email in your browser
 

The Mozambican Investor

Issue: 1197th
By Adrian Frey

Date: 21 August, 2018 Email us: themozambicaninvestor@clubofmozambique.com

Mozambique captured rebel leader in gas-rich north, sources say

Mozambican security forces carried out a major attack on a base of an Islamist militant group in the gas-rich north last week, killing at least four fighters and capturing a suspected rebel leader, according to three people familiar with the matter. The assault took place Aug. 16 near the village of Pundanhar in Cabo Delgado province, close to the Rovuma river that separates Mozambique from Tanzania, the people said, asking not to be ...

Bank of Mozambique considers revenue from tourism is below potential

The Governor of the Bank of Mozambique, Rogério Zandamela, said yesterday that he considered Mozambique's tourism revenues were below their true potential. "Currently, our balance of payments data indicates tourism revenues of US$151 million, a figure clearly below the country's real potential," Zandamela said during the signing of a protocol for sharing tourism sector statistical information between the Ministry of Culture and Tourism and ...

President Nyusi visits Gaza province, inaugurates Nwandjahane-Macuácua road

President Nyusi is inaugurating the Nwandjahane-Macuácua Road in Gaza province today. Nwandjahane is the birth place of Eduardo Mondlane, founder of Frelimo. While there, the head of state will also oversee the delivery of desks to the Samora Machel Secondary School in Mandlakazi district. A note from the presidency details that the president is accompanied by Minister of Public Works, Housing and Water Resources, João Machatine; of ...

Families in Pemba demand compensation for lost land

Many of the 900 families who lost land in the northern Mozambican city of Pemba for the construction of the Pemba Logistical Base, intended to support the operations of oil and gas companies, on Thursday rioted in the streets of the city, throwing up barricades and clashing with the police. The demonstrators told the independent television station STV that they regarded the compensation they had received for the land as derisory and they ...

Japan donates US$8 million for vocational education in Mozambique

The Government of Japan has donated about US$8 million for vocational training and rehabilitating and equipping three vocational training centres in Mozambique. Refurbishment of the Machava centre in Maputo province, the Quelimane centre in Zambézia, and the Nacala centre in Nampula will begin this year and run through to 2020. The donation will supply the centres with up-to-date equipment, with the aim of facilitating the establishment ...

Gaza introduces new cashew seed production techniques

Gaza province is introducing new cashew production techniques in order to improve effectiveness and reduce costs. The province currently has two fields producing drought resistant multi-clonal cashew seed, which is produced with pollen collected from plants with different characteristics rather than by grafting. Emílio Camisa, director of the District Services for Economic Activities (SDAE) in the Mapai district, says that grafting is ...

Eid al-Adha: UAE embassy donates 11 tonnes of meat to distressed families in Mozambique

The United Arab Emirates embassy is today and tomorrow donating meat to poor families in Maputo, Gaza, Zambézia and Nampula. The initiative is called Kurban [ a term for animal sacrifice], and includes the sacrifice of animals on the occasion of the Muslim feast of Eid al-Adha today. A statement from the United Arab Emirates embassy indicates that a total of 11 tonnes of meat will be distributed among 3,700 families.

Renamo candidate Venâncio Mondlane reacts to CNE bar – Mozambique

In a text posted on his Facebook page, Venancio Mondlane explains that his party, Renamo, is working with a lega team to submit an appeal to the Constitutional Council, in order to revoke the decision of the National Election Commission (CNE) to remove him from the electoral race as head-of-list. "The Constitutional Council has been consistently and consecutively considered one of Mozambique's greatest moral, ethical and, above all, ...

AJUDEM speaks of manipulation and waits for CNE

Samora Machel Júnior's candidacy as head of the list of the Youth Development Association of Mozambique (AJUDEM) continues to be a problem within Frelimo, with the most radical sector trying to do everything and anything to discredit to the maximum possible extent both the candidate and the organisation supporting his application. Since Friday, Radio Mozambique, the public information agency aligned with the ruling party, began to disclose ...

“This is the team that will win”, declares Nyusi

Mozambican President Filipe Nyusi, in his capacity as President of the ruling Frelimo Party, on Sunday, at a rally in the western city of Tete, publicly presented all 53 of Frelimo’s mayoral candidates for the municipal elections scheduled for 10 October. “This is my football team that will win in the championship of 10 October”, declared Nyusi. “My trainer is here, our General Secretary Roque Silva, and he already has players able to ...

Pedro Queiroz Pereira, Portuguese industrialist who invested in Mozambique, dies at 69

Portuguese billionaire Pedro Queiroz Pereira, whose holding company Semapa controls paper and pulp producer The Navigator Company and cement maker Secil, died on Saturday aged 69, an official spokesman said. Queiroz Pereira, a former race car driver whose friends referred to him as Pequepe, turned The Navigator Company into Europe’s top producer of uncoated woodfree paper after his family took control of the company in 2004. He was the ...

Mozambique poised to impose controversial media fee

Beginning Wednesday, journalists working in Mozambique are scheduled to start paying what may be the highest registration fees in the world. The new fees have been widely criticised, with Human Rights Watch calling them “outrageous,” and Amnesty International saying they will keep the media from reporting on Mozambique. A foreign correspondent living in the southeast African country would have to pay $8,300 a year, and a new national ...

 

Subscribe your co-workers or friends

 

 

Copyright © 2017 Club of Mozambique, All rights reserved.

You are receiving this email because you opted in at our website - www.clubofmozambique.com - to receive our latest news updates.







This email was sent to <<Email Address>>
why did I get this?    unsubscribe from this list    update subscription preferences
Club of Mozambique · Avenida da Marginal, nº 8874 · Maputo 1100 · Mozambique