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The Mozambican Investor

Issue: 709th
By Adrian Frey

Date: 21 September, 2017 Email us: themozambicaninvestor@clubofmozambique.com

Water crisis: Pequenos Libombos may close floodgates “at any moment”

The Southern Regional Water Administration (ARA-SUL) may close the floodgates of the Pequenos Libombos dam in Maputo province at any moment. Agostinho Vilanculos, head of the Department of Management of Hydrographic Basins in the Southern Region, said this would increase water storage in the next rainy season to supply the the cities of Maputo and Matola and the village of Boane, which have been under restrictions. While the floodgates ...

Nyusi says his appointment is cause for reflection

After being chosen by acclamation by the Frelimo Political Commission to continue to direct the party's destinies, Filipe Nyusi said yesterday that this moment of trust served as a moment reflection for himself in particular and for Frelimo in general. At a ceremony held at the Frelimo National Headquarters, Frelimo members congratulated Filipe Nyusi on the result. Nyusi was greeted by cultural groups representing the provinces, and first ...

Renamo to postpone congress once again

The remoteness of its leader, Afonso Dhlakama, from active politics is the main reason for the further postponement of the next Renamo congress, but Dhlakama is however expected to stand as Renamo candidate in the next presidential elections. Unlike other political parties with a parliamentary seat in Mozambique, namely Frelimo (the Liberation Front of Mozambique) and the MDM (Democratic Movement of Mozambique), Renamo (Mozambican National ...

United Kingdom available to help Mozambique investigate hidden debts

The United Kingdom is available to help Mozambique investigate the US$2 billion in hidden state-guaranteed debts incurred between 2013 and 2014 without parliamentary authorisation, United Kingdom Secretary for International Trade Liam Fox said at the end of his visit to Mozambique. "If you ask for help, we will always be available," he told a Lusa reporter at Maputo International Airport. "We believe in the highest levels of probity in these ...

CIP questions direct adjustments in Mozambique’s health sector: EUR 2.3 million in 2017

A study by the Mozambican Centre for Public Integrity (CIP) says the Mozambican government is making an "abusive and recurrent use of direct adjustments" for health sector purchases. "The abusive and recurrent use of direct adjustments during the first months of 2017 by the Ministry of Health (MISAU) may be a symptom of a poor planning system" or "the existence of collusion between certain providers and senior civil servants," the document ...

Palma gas plant resettlement: More than half of agricultural land earmarked

The Cabo Delgado provincial government has earmarked about 1,200 hectares of arable land for the families affected by the construction of the liquefied natural gas production plant there. Altogether, more than 2,000 hectares of arable land are needed for the 556 farming families being resettled. Provincial Director of Land, Environment and Rural Development Arlindo Djedje said the new agricultural production areas were not far from where ...

PR: Fura enters into agreement to acquire Mozambican ruby licences – Montepuez

Fura Gems Inc. ("Fura" or the "Company") (TSX VENTURE:FUR) has entered into an agreement to acquire all of the issued and outstanding shares of Cobadale Ltd. ("Cobadale"), which, on closing of this transaction, will own an 80% effective interest in four ruby licences and has applied for an additional ruby licence (collectively, the "Assets") in the Montepuez District of Cabo Delgado province in Mozambique (the "Transaction"). Upon closing of ...

Premier African Minerals withdraws from forestry in Mozambique

Premier African Minerals on Wednesday announced that it is to dispose of its assets in the forestry sector in central Mozambique. This company has its registered office in the tax haven of the British Virgin Islands. It has other offices in Johannesburg, Togo, Zimbabwe and London. Less than a year ago, the company bought a controlling stake in the Mozambican concern TCT Industrias Florestais Limitada for 2.1 million US dollars through the ...

DW Africa correspondent assaulted by strikers in Inhambane

DW Africa correspondent Luciano da Conceição has been assaulted by strikers and had some of his equipment stolen. He accuses the management at the health centre where the strike took place of protecting the aggressors. The DW Africa correspondent is in satisfactory condition but is demanding the return of his equipment and compensation for moral damages. We talked to him. DW Africa: Luciano, tell us how it all happened. Luciano da ...

Mob justice claims two victims a week in Mozambique – Human Rights Commission

President of the National Human Rights Commission (CNDH), Custódio Duma characterised Mozambique’s average two mob justice victims per week as "heavy", warning in an interview with Lusa of the risk of a culture of taking the law into one’s own hands taking root in Mozambique. Summary justice accounted for 27 deaths in 2016, according to the Attorney General's Office. The CNDH president admitted that public violence towards alleged ...

Price hike for Chapas has just been approved by Maputo City Municipal Assembly

The price of transport should increase from 7 to 10 meticais and from 9 to 12 meticais, in Maputo City. The fare hike was approved today by the Maputo Municipal Assembly. The revision of the transport fare was submitted to the Municipal Assembly by the Maputo city council, proposing an increase from the current 7 to 12 meticais, for distances equal to or less than 10 kilometres and from 9 to 15 meticais for distances greater than 10 km and ...

Capitol Resources announces public consultation on building steel mill in Mozambique

Capitol Resources, a subsidiary of Australia's Baobab Resources, is to hold public consultations on the construction of a steel plant and thermoelectric plant in Tete province in central Mozambique, the company announced yesterday. In an announcement issued in Maputo, Capitol Resources says that a feasibility study showed that conditions for a steel thermoelectric plant in the region are attractive. "The definitive feasibility study shows ...

Ilha de Moçambique launches bicentenary celebrations

The Island of Mozambique in Nampula province launched bicentenary celebrations of its proclamation as the country’s first capital on Friday. Festivities started with a gastronomic fair which drew hundreds of tourists from various all over Mozambique and the world. Island of Mozambique mayor Saide Gimba told Noticias that several cultural activities would be held up until the actual bicentenary in 2018. In March of next year, Ilha de ...

 

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