Mozambique News » Maputo News Mozambique » Maputo » Economy: Local Content Law marks milestone for Mozambique’s economic diversification, says CTA
Mozambican business leaders have said that the promulgation of the Local Content Law represents a milestone for diversifying the economy, increasing national pa ...
News Mozambique » Maputo » Economy: Mozambique tightens grip on mining with 15% state stake rule, local processing
By Custodio Cossa and Manuel Mucari MAPUTO, June 4 (Reuters) - Mozambique's President Daniel Chapo has signed a new law requiring 15% state ownership in all mining ventures and local processing of ...
News Mozambique » Maputo » Economy: Mozambique: Finance Ministry and China Exim Bank hold talks in Maputo, reaffirm commitment to cooperation
Mozambique’s Finance Minister Carla Loveira and China Exim Bank Vice-President Yang Dongning met in Maputo on Friday to reaffirm their commitment to strengtheni ...
News Mozambique » Maputo » Economy: Making Water Work in Mozambique for Economic Growth, People, Food and the Planet
Water drives over half of Mozambique's economy, 90% of exports, and 84% of jobs--yet floods and droughts cost 6.7% of GDP each year. A new World Bank Water Security Diagnostic and the ProAguas Compact ...
News Mozambique » Maputo » Economy: Mozambique leverages AfCFTA to boost regional trade: PM
Prime Minister of Mozambique Benvinda Levi on Saturday officially launched the country's participation in the African Continental Free Trade Area (AfCFTA) during a ceremony held in the port city of ...
News Mozambique » Maputo » Economy: Why is Mozambique's financial crisis going from bad to worse?
NAIROB - Mozambique's slow-burning economic crisis has sharpened in recent weeks, with at least one global lender and a ratings agency suggesting the country will seek to restructure its sole ...
News Mozambique » Maputo » Economy: Green light for DP World’s $2bn Mozambique port expansion
The Dubai-based global ports giant won a 25-year extension to run the port in Maputo, the capital, ending in 2058.
News Mozambique » Maputo » Economy: Mozambique in post‑election turmoil: economic policies that could make a difference
Turmoil following presidential and parliamentary elections in Mozambique has been severe. Preliminary official results from the 2024 elections indicated a landslide win by the ruling party, Frelimo.
News Mozambique » Maputo » Economy: Mozambique election unrest is costing SA R10m a day in trade disruption
Post-election violence in Mozambique is costing SA up to R10 million a day in disrupted trade, says the Road Freight Association (RFA). The association’s CEO, Gavin Kelly, has called for President ...