Bank of Mozambique warns that domestic debt has already grown by 1,269 million in 2024
On October 1, the Bank of Mozambique (BdM) has raised concerns about the increasing pressure from the country’s domestic debt, which has surged by 90.3 […]
Mozambique
Mozambique: First Renamo commander buried 45 years after dying in combat
Renamo held a funeral on Saturday, September 28, for its founder and first commander, André Matade Matsangaísse, in central Mozambique. His remains were transferred from […]
Mozambique’s timber exports fell 75% in four years
Mozambique’s timber exports have plunged nearly 75% over the past four years, falling to 2.099 million tons in 2023, according to the National Statistics Institute […]
Mozambique: At least 30 people arrested in one month of election campaign
At least 30 people have been arrested in connection with 44 electoral crimes recorded during the month-long campaign for Mozambique’s upcoming general elections in October, […]
Mozambique: Venâncio Mondlane denounces FRELIMO’s electoral crimes
Presidential candidate Venâncio Mondlane filed a complaint with the Attorney General’s office on September 23, accusing members of the ruling FRELIMO party of electoral crimes […]
Mozambican hydrocarbons company’s profits fall 15.5% to 49.1 ME
Companhia Moçambicana de Hidrocarbonetos (CMH) reported, in the financial year ending June 2023, profits of €58.1 million, marking a 75% increase compared to the same […]
Mozambican economy grows 4.5% in the second quarter
Mozambique’s economy expanded by 4.5% in the second quarter of 2024, marking the highest growth rate in the past year, according to a report from […]
Mozambique and Qatar finalize investment protection and promotion agreements
The governments of Mozambique and Qatar are working on concluding a package of agreements covering various areas of intervention, including a legal instrument aimed at […]
Uganda and Mozambique align strategies to expand trade and investment
Uganda and Mozambique are intensifying efforts to strengthen bilateral trade and investment during the Second Uganda-Mozambique Joint Permanent Commission (JPC), which began on Monday, September […]
Mozambique has injected 52.2 ME to rescue two public aviation companies since 2020
The Mozambican government injected 3.7 billion meticais (€52.2 million) from 2020 to 2023 to financially rescue two public aviation companies, Aeroportos de Moçambique (ADM) and […]