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The Mozambican Investor

Issue: 2215th
By MozParks

Date: 20 December, 2022 Email us: [email protected]

Mozambique: Government unable to pay ’13th salary’ to state employees and agents

President of the Republic Filipe Nyusi has made it known that it will not be possible to pay the customary '13th month salary' [New Year bonus] to state employees and agents this year. At issue are, according to Nyusi, the high expenses arising ...

Mozambique: First stone laid for construction of Muanza town’s first water supply system – Photos

Last Friday (16-12), the Governor of Sofala, Lourenço Ferreira Bulha, laid the foundation stone for the construction of the first drinking water supply system in the Muanza district headquarter town. The project, budgeted at 63,586,267.73 ...

Mozambique: Biodiversity conservation fund has $16M budget for 2023

Mozambique's biodiversity conservation foundation (Biofund) has approved a budget of US$16 million (€15 million) to support activities for the "protection of biodiversity" in the country by 2023, it was announced on Tuesday. With the amount, ...

Mozambique: Peace in Cabo Delgado a priority in face of instability pockets – president

Mozambique's president said on Tuesday that the consolidation of security in areas devastated by terrorism was the priority of government forces, acknowledging the prevalence of "isolated pockets" of instability in Cabo Delgado and some districts of ...

Breaking: Mozambique’s application for leave to appeal against Manuel Chang’s extradition to the US dismissed by Supreme Court of Appeal of South Africa

The Supreme Court of Appeal of South Africa has refused to hear the Mozambican Government's request for a leave to appeal against the extradition of former finance minister Manuel Chang from South Africa to the United States, as part of the process ...

Mozambican judge re-elected president of the International Union of Portuguese-Speaking Judges (UIJLP)

Mozambican judge Carlos Mondlane was re-elected President of the International Union of Portuguese-Speaking Judges (UIJLP) in Lisbon yesterday (19-12). Headquartered in Portugal, the UIJLP is an international organisation that brings together ...

Mozambique: Power utility lost 5 billion meticais to electricity theft this year

State-owned company Eletricidade de Moçambique (EDM) lost around five billion meticais (  74 million euros) this year to the theft of electricity within the country, the chairman of the board of directors announced on Tuesday. "We have ...

Mozambique: Tirupati Graphite clarifies some details of agreement for acquisition of Battery Metals’ subsidiary Suni Resources

Tirupati Graphite PLC  has clarified some details of the agreement with Battery Metals Limited to acquire the entire issued share capital of its subsidiary Suni Resources SA owing to some questions received from investors in relation to the ...

Mozambique: Yango meets national authorities to discuss mobility solutions – O País

Representatives of Yango, an international digital mobility platform, last week met the Ministry of Transport and the President of the Confederation of Economic Associations (CTA), with the aim of demonstrating to the Mozambican authorities how it ...

Mozambique: Government suspends CityLink

The Ministry of Transport and Communications has decided to suspend passenger transport activities by the company Transportes Ideal, better known as 'CityLink', with effect from this Monday, December 19, pending the result of an investigation into ...

Mozambique: Nampula government authorises egg imports from Malawi

The Nampula provincial government, in northern Mozambique, has authorized the import of eggs from Malawi, since it could not be proved that the Malawian eggs were contraband. In early December, the National Inspectorate of Economic Activities ...

Mozambique: Doubling of Ressano Garcia line to conclude by March

The work to double the Ressano Garcia railway line, which links the port of Maputo to South Africa, will be concluded by March next year. The work, which began this year, includes construction of a second line from MatolaGare, in the municipality ...

Promotion of cotton: Sofala reveals new concessionary company – Watch

The government of Sofala has publicly presented the new concessionary company taking up the promotion of cotton in the province. Mandorle Investimento Limitada replaces China Cotton, which has terminated the provision of services to producers of the ...

Mozambique: First stone laid for construction of Muanza town’s first water supply system – Photos

Last Friday (16-12), the Governor of Sofala, Lourenço Ferreira Bulha, laid the foundation stone for the construction of the first drinking water supply system in the Muanza district headquarter town. The project, budgeted at 63,586,267.73 ...

FNB Mozambique launches Graduate´s Program #Talent

FNB Mozambique launched, on 28 November 2022, applications for its Graduate Program, with the aim of recruiting young Mozambican graduates for its internal staff. According to the Head of Human Capital at FNB Mozambique, Melba Jorge Nhamithambo, ...

Mozambique: ProAzul working to enable multi-sector collaboration

The Fund for the Development of the Blue Economy (ProAzul), the Mozambican government’s financial branch for boosting the blue economy agenda, is improving its internal instruments to improve multisectoral collaboration in order to guarantee ...

Mozambique: Tax Authority records revenue for over 275 billion meticais – AIM | Watch

The Mozambican Tax Authority (AT) collected this year, up until the end of November, revenue of 275.6 billion meticais (about 4.3 billion dollars) which represents 94% of its annual target. The collection target set by the Budget Law for 2022 is ...

Mozambique: EU funding for youth initiatives

The Mozambican Government and the European Union have launched two funding programs valued at 813.4 million Euros (863 million US dollars, at the current exchange rate) to finance youth initiatives. The initiatives, called EU funding for youth ...

Mozambique: State should use US experience to help end Cabo Delgado war – analysts

Analysts on Friday argued that Mozambique should take advantage of the experience of the United States to "improve its performance" and "eliminate" terrorism in the north of the country, considering that the US-Africa summit may increase US ...

Man arrested for attempting to sell one-year-old daughter

Two individuals have been detained by Police of the Republic of Mozambique (PRM) in Mopeia district, Zambézia province, indicted for attempted human trafficking involving a one-year-old girl. One of the detainees is the father of the minor, and ...

 

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