Mozambique to cut direct defence budget by 35% in 2025
Photo: Twitter
Mozambican and Zimbabwean private businesses should take ownership of the space available to exploit the potential and opportunities that both countries possess, urged President Filipe Nyusi on Monday.
Speaking in Maputo at a state banquet offered in honour of his visiting Zimbabwean counterpart, Emmerson Mnangagwa, Nyusi encouraged the private sector to expand its network of partnerships to allow increases in production and productivity for the growth of the economies of both countries.
“On this occasion, I would like to encourage the private sector of both countries to intervene more”, he continued.
H.E. President @edmnangagwa attends a State Banquet hosted in his honour by H.E. Filipe J. Nyusi, the President of the Republic of Mozambique. The two Presidents emphasized the need to ratchet up bilateral relations to the highest level for the benefit of the two nations. pic.twitter.com/5P9ghHxzvc
— Presidential Communications Zimbabwe 🇿🇼 (@DeptCommsZW) April 4, 2022
The priorities for the Mozambican government, he added, are agriculture and food security. Among the food crops Mozambique is promoting, said Nyusi, is wheat. (The Russian invasion of Ukraine could threaten international wheat supplies, given that between them Russia and Ukraine supply about 40 per cent of the market).
Nyusi also called on Zimbabwe to purchase more of its electricity from Mozambique, and to share in Mozambican electricity and hydrocarbon projects. “We encourage the expansion and maximum use of the Mozambique-Zimbabwe fuel pipeline”, he added.
As for industry and trade, Nyusi urged reciprocal participation by the private sector in the various agricultural and trade fairs held in both countries, which would provide greater investment opportunities.
In transport and communication, “we want to continue to be a partner and a safe and reliable bet for the socio-economic development of Zimbabwe”, Nyusi stressed. The Mozambican ports of Beira and Maputo, and their connected rail networks remain Zimbabwe’s shortest and cheapest routes to the sea.
Mnangagwa said that his visit “is an opportunity to strengthen cooperation in the existing programmes, while we explore opportunities to cooperate in other emerging areas”.
“In Mozambique, we discussed primarily issues to do with energy. We agreed that Zimbabwe should participate in the generation of energy. We are therefore going into a joint venture with Mozambique for the exploitation of gas at Buzi.” @edmnangagwa #Engagement
🇿🇼🇲🇿 pic.twitter.com/yuSQXniZ7X— Ministry of Information, Publicity & Broadcasting (@InfoMinZW) April 6, 2022
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