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Maputo

Kidnapping of businessmen could retract investments in Mozambique

December 29, 2022 Steven Addamah 0

Mozambican businessmen renew their request for energetic action from the Government against kidnapping crime, which they claim is disturbing the business environment in the country. […]

Mozambique announces arrest of suspect in case of businessman found dead

December 28, 2022 Steven Addamah 0

The man was kidnapped on December 14, in front of one of his business establishments in the municipality of Matola, by an armed group, and […]

Mozambique’s main Airport needs 2.3 ME to replace centralized cooling system

December 27, 2022 Steven Addamah 0

Maputo International Airport, the country’s main airport, needs $2.5 million (2.3 million euros) to replace its centralized cooling system, an official source said. “The constraint […]

Another businessman kidnapped in Mozambique

December 26, 2022 Steven Addamah 0

The Mozambican authorities have confirmed yet another kidnapping in Maputo, bringing to 12 the number of kidnappings carried out by so far faceless alleged squads, […]

Cost of living forces Mozambican families to cut food basket

December 12, 2022 Steven Addamah 0

The cost of living in Maputo has forced Luisa to eat more vegetables, Ana to give up beef, Ismael to buy light in pieces, and […]

Mozambique receives coastal patrol boat from the United States

December 9, 2022 Geraldine Boechat 0

The U.S. government on this week offered a 10-meter coastal patrol vessel to the Mozambican Navy. The high-speed vessel is valued at US$700,000. It is […]

Corruption in Mozambique: Eleven people close to the government sentenced to prison

December 8, 2022 Steven Addamah 0

Eleven people close to Mozambique’s government, including the son of a former president, were sentenced Wednesday to prison terms in the massive “hidden debt” corruption […]

Bank of Mozambique maintains monetary policy rate at 17.25%

December 1, 2022 Steven Addamah 0

The Bank of Mozambique decided on Wednesday to maintain the monetary policy interest rate, MIMO rate, at 17.25%. “The inflation outlook points to a deceleration […]

Mozambique: start of the verdict in the vast “hidden debt” scandal

December 1, 2022 Steven Addamah 0

Phantom fishing vessels, exorbitant foreign loans and people close to the government: the verdict in the gigantic corruption scandal known as the “hidden debt” in […]

Mozambique is best placed to promote dialogue between Russia and Ukraine

November 17, 2022 Geraldine Boechat 0

“We are on the side of those who want to force a dialogue,” Filipe Nyusi said, declaring that because of its neutrality, Mozambique is “in […]

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