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The Mozambican Investor

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526th Issue | February 23 2017 | The #1 Newsletter for top business, investment and legal news in Mozambique
This edition is brought to you in partnership with:
               
The sponsor of this week is:
Investing in Mozambique

Mozambique to rebound slightly and grow 4.2% this year - EIU
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Mozambique: Renamo says truce could be final
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Western Sahara - Mozambique urges Morocco to respect principle of sovereignty
Nyusi attacks road construction corruption - Hanlon
Mozambique and Sahrawi Arab Democratic Republic sign memorandum - AIM report
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President of the Sahrawi Arab Democratic Republic visits Mozambique
Mozambique government approves new gambling regulations to stimulate tourism
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Amnesty International Report 2016/2017 on Mozambique - Full text, unabridged
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Amnesty International Annual Report criticizes impunity of FDS and Renamo members in ...
Mozambique government announces 30-day tourist visas now available at borders for all ...
Mozambique Passport
Nampula mayor continues boycot of MDM meeting - AIM report
MDM will hold congress in Nampula - AIM report
Macaneta braces up to become regional benchmark tourism destination - Mozambique
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Manica: Renamo headquarters burned and members detained elsewhere - Canalmoz
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Rift widening between Mayor of Nampula and MDM - AIM report
Investments in Mozambique: Nyusi reiterates facilitation
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Maputo silence on Portuguese abduction causes unrest in Lisbon

Read more of the latest stories making headlines here

Environment, Social Development and Society

UN promises support for Mozambique cyclone victims in Inhambane
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Four arrested in Inhambane for looting during #Dineo - Rádio Moçambique report
Cyclone #Dineo victims in Manica call for government support 
Rains in Manica leave students without classes, patients without assistance
Mozambique: Partners promise post-cyclone assistance
Mozambique: Government calls for aid for #Dineo victims
Latest estimates: Government needs US$13 million to repair cyclone damage
PM discusses cyclone damage with provincial government
A cyclone called #Dineo tore Inhambane apart
Known death toll from cyclone stands at seven - AIM report
Eight million dollars needed to repair cyclone damage
Number of people affected by #Dineo rises to 650,000, death toll at seven, 55 injured
Seven dead, 130,000 affected: Preliminary assessment of #Dineo impact in southern Mozambique
Dineo: Rising sea temperatures are shaping our tropical storms
Dineo wrecks 20 000 houses in Mozambique

Illegal logging continues in Zambezia - AIM report
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Ivory seized in Cambodia is from elephants slaughtered in Mozambique
Gorongosa National Park establishes partnership with Community Owned Lands Cooperative
“I came to see this crater, and I am not pleased” - Nyusi concerned at erosion in Nacala

The 70 more boreholes needed to relieve water shortage in Maputo, Matola, Boane
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Maputo water shortage to continue - By Joseph Hanlon
Umbeluzi water levels rise, but restrictions to continue in Maputo, Matola and Boane
Mozambique water woes – How to build capacity in climate resilience planning
Govt needs 2.8 billion meticais to sink 70 boreholes and lay 68 km of water pipes

The number of cholera cases rises from 216 to 321 in one week - MISAU
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Maputo's Chamanculo neighbourhood: A cholera incubator
Activist Graça Machel says lack of reporting protects perpetrators of domestic violence
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Five primary schools closed due to military conflict reopen in Manica
Mozambican jails: Always space for one more, despite overcrowding
Japan to fund library construction in Quelimane
Watch: Japanese support for water and sanitation in Mavago, Niassa

Chipaca: Ten days on, there are still those who believe in miracles - Mozambique
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City of Quelimane removes bridge that caused boat sinking
Armed robbery outside BCI bank in Quelimane - Jornal Txopela
Two community leaders murdered in Tsangano, Tete
Twelve jailed over murder and organ trafficking in Angónia, Tete - Mozambique
Officer shoots teenager dead inside police station - Tete
Mozambican murdered in South Africa: Community’s help leads to arrest of suspect
Watch - “For all those who suffer in silence, and for all those women who die, every ...
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Update - Josina Machel case: Licuco handed suspended jail term, must pay more than 200M
Man arrested on charges of robbing apartments in Maputo blames it on 'drunkness'
More on kidnapped Kenyan businessman - AIM report
Tanzania investigates alleged mistreatment of its citizens in Mozambique
Watch: 2 Mozambicans arrested in SA as farm murder leaves daughter distraught
Quelimane residents angry at carnival postponement
Young man burned with oil by wife dies in Maputo hospital
Man kidnapped in Machava is a Kenyan businessman living in Mozambique

Latest  Mozambique stories making headlines here

Business & Economy

French confidence still high in Mozambique
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Sofala to get new sugar factory
Portuguese investment in Mozambique fell by EUR154 million in 2016
INVESTPT
Beira Bus Company abolished, new visa rules and the minimum distance between casinos - ...
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Genetically modified maize tested in Chokwe - Mozambique
Minimum investment for a Business Visa in Mozambique down from US$50Mln to US$500Th - ...
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Government winds up Beira Public Transport Company
Mozambique facilitates granting of visas for investment activities
Watch: Cabo Delgado surpasses cashew nut production targets - Mozambique
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Watch: Mozambique achieves record Boer and Uloco bean production
Poor quality in construction works: One of the causes of #Dineo destruction - PM
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More on the US$60 mln airport planned for Xai-Xai, Gaza - AIM report
Nampula bakeries warned over hygiene - AIM report
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Mozambique to start putting seals on tobacco products
Mozambique drops in Economic Freedom Index alongside all Portuguese-speaking countries ...
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Nyusi launches integrated rural development project in Ribaue - Mozambique
President Nyusi launches 'Sustenta' while in Nampula for 2-day working visit
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Vendors protest against shrimp seizure at Maputo Fish Market

Read more of the latest Business stories making headlines here

Mining & Energy
Regional & International


Seven new earth-like planets discovered around nearby star
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South Africa targets wealthy in budget, sees growth improving
Brazil's foreign minister Serra resigns citing health reasons
Exclusive: Odebrecht seeks faster Latin America plea deals to sell assets, sources say
Watch - Somali president calls on al Shabaab to surrender
'Whites want us to keep working for them': Mugabe
Four Indonesians richer than poorest 100 million
Thousands mourn 'blind sheikh' convicted in 1993 World Trade Center bombing
Africa tells FIFA it wants 10 places at expanded World Cup
South Africans 'not xenophobic, no need for AU intervention'

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Zimbabweans drown in Limpopo river while trying to illegally cross into SA
Malawi's president sacks agriculture minister in maize procurement probe
South African court blocks govt's ICC withdrawal push
Mugabe says he’s going nowhere, backs Trump policies
Foreign-owned shops attacked in South Africa
Angola's deadly stadium stampede caused by 'flaws in security plan'
Nigeria to seek World Bank loan of at least $1 bln: finance minister
Famine declared in part of South Sudan's Unity state
Malaysia names North Korean diplomat wanted for questioning in airport murder
South Africa grants Barclays Africa immunity in FX rigging probe
A Barclays logo is pictured outside the Barclays towers in Johannesburg, South Africa, December 16, 2015. REUTERS/Siphiwe Sibeko/File Photo
As he turns 93, Mugabe dismisses corruption allegations
Gaddafi son's trial unfair, should be sent to ICC - UN
Nigeria's presidency says no cause for worry about Buhari
Nigeria calls on the AU to intervene in SA xenophobic attacks
Zuma-Gordhan battle takes centre stage in SA budget
Germany's Merkel cancels Algeria visit due to Bouteflika illness: state media
South African watchdog fines Citi $5 mln to settle currency rigging probe
Watch: 'Tired' Mugabe shows his age in barely-audible birthday interview

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Outspoken general named Trump's top security adviser
Opposition youth leader arrested in Zimbabwe
Ethiopia's 'history archive' dies at 89
Donald Trump is 'radical'... but 'give him time', says Mugabe
Tanzania threatens to publish 'list of gay people'
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Steinhoff 'terminates negotiations' with Shoprite over merger
Cameroon: Internet shutdown costs $1.39m
The truth for Trudeau: We’ve been ripping off Africa for decades
Pope calls for quick accord to end DRC violence
Car bomb in Somali capital kills 30
UN chief Guterres highlights need for 'a surge in diplomacy for peace'
Cyclone Dineo devastates Zim
Watch - Malaysia-North Korea row escalates over Kim Jong-nam
Wailing, anger at Sufi shrine in Pakistan after bomber kills 77
UK government investigating Charles Taylor 'contact with allies' from prison
Zuma returns land expropriation bill to parliament and explains why
Mali region bans motorbike use
Tanzania bans Aids help for gay men
Barclays, Citi gave South Africa watchdog info for FX probe: sources

Read more of the latest Regional and International stories making headlines here

Culture & Tourism
Projects on Paper - Unbuilt Works: José Forjaz exhibition at Camões
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Francis Kéré: Burkinabe architect to design top London attraction - Watch
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Watch - Lone African film wins Jury Grand Prix in the world's Berlinale second largest 
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Johannesburg Art Gallery closes its doors after slipping into disrepair
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Watch - Spanish tourist travelling through 50 African countries stops in Muxúngue
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LAM flight delayed as INAE inspector shuts down airplane toilet

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Chongoene to host US$60 million airport funded by China's Exim Bank
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Hotel industry suffers a "drastic fall" in January turnover

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Read more of the latest Culture & Lifestyle  stories making headlines here
Read more of the latest Sports stories making headlines here
Read more of the latest Tourism stories 
 here
 
Marketplace
FUEL AND LPG PRICES
 
 Petrol - Gasolina - unleaded       47.52 Meticais per litre
 Diesel - Gasoleo                             36.81 Meticais per litre
 
 
Prices are in force in the port cities of Maputo, Matola, Beira and Nacala.  Elsewhere in the country, fuel distribution companies can add their transport costs.
CNG – 17,75/Liter equivalent

BUSINESS 
Starts: 16th -  Mach
Ends: 17th - March
 
Starts: 16th -  Mach
Ends: 17th - March
Starts: 8th -  March
Ends: 10th - March
Starts: 8th -  March
Ends: 10th - March
 
ENTERTAINMENT
EXCHANGE RATES Brought to you by the Bank of Mozambique
17 February to 23 February 
Currency
 
USD
ZAR
EUR
Buy
 
70,40 
5,44
74,94
Sell
 
70,47
5,45
75,02
Currency
 
USD
ZAR
EUR
Buy
 
70,18
5,36
73,75
Sell
 
70,28
5,36
73,85
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