May 24, 2016

Mozambique’s economy registered annual growth of 5.3 percent in the first quarter of 2016, according to figures published in Maputo by the National Statistics Institute (INE).

 

The performance of the Mozamb...

LONDON, May 23 (Fitch) Fitch Ratings has downgraded Mozambique’s Long-term foreign and local currency Issuer Default Ratings (IDRs) to ‘CC’ from ‘CCC’. Fitch has affirmed the Country Ceiling at ‘B-‘ and th...

Mozambique’s return to the international limelight reads like a John le Carré novel. The elements of a bestseller are all present: growing internal instability, unexplored natural gas deposits, internation...

May 12, 2016

The final investment decision on natural gas exploration in the Rovuma basin may still be taken this year, said the managing director of ENI East Africa recently during a meeting held in Palma, northern Mo...

Minister of Transport and Communications, Carlos Mesquita

 

Mozambique’s Ports and Railways Company, (CFM) says it posted positive operation results from last year to the tune of $55 million against $41 mill...

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