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The Mozambican Investor

Issue: 1292nd
By Adrian Frey

Date: 19 February, 2019 Email us: themozambicaninvestor@clubofmozambique.com

Government takes responsibility for Petromoc and LAM issuance of debts – report

The Mozambican government has assumed responsibility for the issuance of Petromoc and LAM debts contracted in the last fiscal year and amounting to more than five billion meticais. In 2018, the government was authorised to issue guarantees and ...

Mozambican MPs begin discussion of new decentralisation laws

Mozambican MPs have begun discussing the new electoral law and law on decentralised governance which are to apply from the October 15 elections onwards, the Assembly of the Republic of Mozambique announced today in a statement. The legislative ...

Anadarko announces Mozambique LNG SPA with Indonesia’s Pertamina

Anadarko Petroleum Corporation (NYSE: APC) today announced Mozambique LNG1 Company Pte. Ltd., the jointly owned sales entity of the Mozambique Area 1 co-venturers, has signed a Sale and Purchase Agreement (SPA) with Pertamina. The SPA is for 1 ...

Journalist Amade Abubacar turns 32 in Cabo Delgado prison with no release date in sight

Journalist Amade Abubacar, who has been detained for 45 days in northern Mozambique and whose release has been requested by the United Nations and other organisations, has turned 32 years of age in detention still awaiting court action, his lawyer ...

Enough water for 12 months only as Pequenos Libombos faces worst drought in 30 years – Watch

The Pequenos Libombos dam has only enough water to supply Maputo, Matola and Boane for another 12 months. To address the situation, an additional 55,000 cubic meters of water from boreholes is expected to be added up until August. For almost five ...

Mozambique: Government surpasses job creation goals

The Mozambican government surpassed its own job creation goals last year by reaching a total of 457,667 jobs, according to the 2018 Economic and Social Plan report consulted by ‘O País’. As usual, the private sector was responsible the ...

Momade picks his political advisers for all of Mozambique

Renamo president Ossufo Momade yesterday (Monday 18th) released a list of 13 members selected as regional political advisers to his cabinet. According to Momade's statements at a teleconference with party members in Maputo, the choices are guided ...

Lawyer says Ndambi Guebuza believes he is a victim of political persecution

Ndambi Guebuza's defence lawyer Alexandre Chivale says that his client did not discuss procedural issues at his court hearing yesterday because, as far as he is concerned, the case is about political persecution dating back to 2015. Chivale also ...

Mozambique: Government prepares regulations to offset environmental damage

Mozambique is preparing regulations that will force companies to compensate for damage caused to the environment, Sean Nazarali, director of innovative funding solutions at the Mozambican Foundation for the Conservation of Biodiversity (Biofund), a ...

 

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