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The Mozambican Investor

Issue: 1116th
By Adrian Frey

Date: 26 April, 2018 Email us: themozambicaninvestor@clubofmozambique.com

Anadarko reaffirms Mozambique investment, but no deadline for decision

Anadarko's vice president and Mozambique director, Steve Wilson, yesterday reaffirmed his company's commitment to investing in natural gas in Mozambique, but said that "there is still much work to do" before any final decision is taken. "We have [sales] arrangements that we just need to formalise, then we move on to the financing project", followed by approval processes before the final decision, he told reporters in the sidelines of a ...

SADC sends Joaquim Chissano to Madagascar

Joaquim Chissano is not unknown in Madagascar, having already intervened as mediator during the 2009 crisis there, and the former president of Mozambique is once again back in the country. Dispatched urgently by the SADC (Southern African Development Community), Chissano has been there since Sunday, the current political turmoil having been on the SADC Heads of State Troika Summit agenda. The purpose of his mission is "to facilitate national ...

Mozambique: New minimum wages in times of crisis

The readjustment of the minimum wage approved by the government on Tuesday is valid as of the start of April for all the productive sectors of the country. Trade unions say the increase fails to meet worker's needs. In Mozambique, trade unions consider that the new minimum wages approved by the government fall far short of workers' needs, although they acknowledge that it is acceptable, given the current economic and financial environment of ...

Vale and Sasol defend Mozambique’s industrialisation through partnerships

The South African and Brazilian multinationals Sasol and Vale defend the establishment of strategic business partnerships as the basis for Mozambique's socioeconomic growth and sustainable industrialisation. Speaking on Wednesday in Maputo, at the opening of the Sixth Conference and Exhibition on Mining, Energy and Natural Gas (MMEC - 2018), Sasol and Vale operations directors David Woodgate and Leonardo Xerinda respectively pointed to the ...

ExxonMobil, GRS and partners announce new malaria prevention programme for Zambézia – Mozambique

As part of World Malaria Day, celebrated every year on April 25, the ExxonMobill Foundation, in partnership with Grassroots Soccer, yesterday launched a programme of malaria prevention and intervention under the motto "Prepared to Beat Malaria" in the country's capital, Maputo. The event was held at the Campus of the Pedagogical University (UP) and attended by the Minister of Health, Nazira Abdula, Rector of the Pedagogical University, Jorge ...

Gas will be central to Mozambique’s energy matrix

Natural gas will be a determining component of Mozambique's energy matrix. According to the Deputy Minister of Mineral Resources and Energy, Augusto Fernando, with the commercial start-up of the Maputo Power Plant later this year, Mozambique's natural gas-based energy production could cover between 45 and 50 percent of the country's needs. Speaking yesterday in Maputo at the opening ceremony of the 6th edition of the Mozambique Conference ...

Mozambican bakers seek strategy to face pressure from new competitor

The Mozambican Association of Bakeries (AMOPAO) held an emergency meeting on Tuesday over worries that had previously affected only a minority, but which were now common to everyone in the sector, O País reports. Bakeries in the city and province of Maputo are complaining of a sharp fall in revenue that has already led to lay-offs, and which they say was probably triggered by pressure from a new competitor. "We're having a hard time since ...

President starts four-day tour of Maputo province

President Nyusi is conducting a working visit to the province of Maputo from the 26th to the 29th of this month. The president will visit Matutuíne, Matola, Moamba and Manhiça districts, where he will hold meetings with local government officials and others, attend rallies, and visit undertakings of economic and social interest. The head of state is being accompanied by various ministers and deputy ministers and the governor of Cabo ...

Attorney-General defends decision not to publish full Kroll audit report

Mozambique’s Attorney-General, Beatriz Buchili, on Wednesday defended the decision of her office not to publish the full report of the audit of the three security-related companies, Ematum (Mozambique Tuna Company), Proindicus and MAM (Mozambique Asset Management), which obtained loans of over two billion US dollars from the banks Credit Suisse and VTB of Russia in 2013-2014, on the basis of illegal guarantees issued by the government of the ...

Meet the Mozambicans who brought home the gold and the bronze from the U19 Africa beach volleyball championships

The athletes who won gold and bronze medals in the African beach volleyball tournament in Kinshasa, in the Democratic Republic of Congo last Sunday, have good reason to be happy – as is the whole country. Mozambican duo Arsénio Nuvunga and Jorge Monjane won the gold medal after 10 games and the same number of victories. In the 'finalissima', the men's pair defeated South Africa by two sets to one and they will represent the continent in ...

No “attacks” in Cabo Delgado, just “crimes”, say police – Mozambique

The General Command of the Mozambican police on Tuesday declined to confirm the occurrence of three further attacks by islamic fundamentalists in the northern province of Cabo Delgado. The usually well-informed newsheet “Mediafax” had reported the attacks, two of which took place in Mocimboa da Praia district and one in the neighbouring district of Palma. Mocimboa da Praia has been the epicentre of the islamist insurgency. It was here ...

Mozambique: Voter registration staff still turning women away – AIM report

Despite receiving instructions to the contrary, members of some voter registration brigades in Maputo are still refusing to register women whom they regard as improperly dressed. On Wednesday morning, AIM received information of two attempts by voter registration staff to determine what women may or may not wear. At a registration post in the National Physical Education Institute, brigade members turned away a woman whose shoulders were ...

 

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