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The Mozambican Investor

Issue: 1036th
By Adrian Frey

Date: 14 December, 2017 Email us: themozambicaninvestor@clubofmozambique.com

Reshuffle aims to strengthen government of Mozambique in face of challenges – Nyusi

President Filipe Nyusi said today that his ministerial reshuffle this week aimed to "strengthen the government's capacity to respond to the challenges facing the country". Speaking at the Presidential Palace in Maputo at the inauguration ceremony of Ministers José Pacheco (Foreign Affairs and Cooperation), Max Tonela (Mineral Resources and Energy) and Higino Marrule (Agriculture), the head of state noted that the government would complete ...

Eni completes sale of 25% interest in Mozambique Area 4 to ExxonMobil

Eni has completedon Wednesday (December 13, 2017) the sale of a 25 percent indirect interest in the natural gas-rich Area 4 of the Rovuma Basin to ExxonMobil Development Africa B.V. (“ExxonMobil”). The terms of the sale, agreed in March 2017, include a payment of $2.8 billion subject to a contractual adjustment until the date of closing. Eni East Africa, to be renamed Mozambique Rovuma Venture, which owns 70 percent of the Area 4 ...

Watch: Government promotes low-cost tourism in Bazaruto Island – Inhambane

The director general of the national conservation areas administration  (ANAC) says that tourism on Bazaruto Island is about to become more affordable for people with low purchasing power. To this end, the government with its partners will build an ecolodge in the island that will be delivered to the local community. https://youtu.be/9iBaQxCWG9s

Progress in peace talks with Renamo, held through teleconference “in an environment of cordiality” – Presidency

The Mozambican presidency announced yesterday in a statement that progress had been made in peace negotiations between the government and Renamo, the main opposition party, following a conversation between the head of state, Filipe Nyusi, and Renamo leader Afonso Dhlakama. "During the interaction, the Mozambican head of state and the Renamo president focused on progress in the peace process and noted with appreciation that progress is being ...

Access to Beira container terminal improved

The central Mozambican port of Beira has more than tripled its capacity to handle containers, reports Wednesday’s issue of the Maputo daily “Noticias”. Deputy Transport Minister Manuela Rebelo on Tuesday inaugurated five new access lanes to the container terminal. The increased facility of movement to and from the terminal, and a three hectare increase in the size of the terminal will allow it to handle 700,000 containers a year, ...

Freight train to Lichinga no more due to lack of merchandise for Nacala – Northern Development Corridor

The rail freight service from Nacala in Nampula to the provincial capital of Niassa, Lichinga, reintroduced on June 16 of this year after a long hiatus due to the poor state of the line, has again been suspended, this time for lack of load from Lichinga to Nacala. A senior Northern Development Corridor (CDN) official told Diário de Moçambique that it would not make sense for the wagons to return to Nacala empty, as that would be ...

Gapi: Training and financing aimed at small-scale fisheries ensure Propesca success

Gapi-Sociedade de Investimentos and IDEPA (Institute for the Development of Fisheries and Aquaculture) are jointly undertaking in Nampula province a training programme for operators in the small-scale fishing value chain. In the last week of October, 20 fishing industry operators including small-scale fishermen, processors and small traders from the Angoche district, benefited from training in small-business planning. This training is part ...

Cost of living in 2018 worries Mozambicans

Austerity measures and rising commodity prices are likely challenges next year in Mozambique. For many citizens, life seems set to become even more difficult. In Mozambique, the government's latest announcements of new austerity measures have already signalled that life will be harder for Mozambicans in 2018. These measures will directly affect the public sector, which, for example, will not see career promotions. These measures are ...

WATCH: US businessman may invest in Ematum – AIM report

US businessman Erik Prince, chairperson of the Frontier Service Group, has pledged to invest in the bankrupt Mozambican Tuna Company, Ematum. At a Maputo press conference on Wednesday (to which AIM was not invited) Prince declared that his company will enter the Mozambican fisheries sector through Ematum, but did not state how many money he is prepared to invest. Cited by the independent television station STV, Prince said “we are here ...

Latest attack in the district of Palma: Machetes and knives – Canalmoz

A group of unidentified men armed with machetes and other blunt instruments attacked the village of Inlane in the district of Palma, Cabo Delgado province, early on Friday morning, Canalmoz reports on on Tuesday, December 12. According to local authorities, two people died in the attack and two others were wounded by machete blows. Speaking at the II National Conference of Islamic Communities, which ended on Sunday in the city of Beira, ...

Traffic police: Misconduct and punishment – WATCH

Hundreds of traffic police officers across the country are being moved into the protection police, with almost all ranks among those transferred. This is the result of the first important orders of the new commander-in-chief of the Police of the Republic of Mozambique, Bernardino Rafael. There are hundreds of Traffic Police agents across the country who are being moved into the Protection Police, in what is generally considered a demotion ...

Teacher arrested in Manica for alleged money counterfeiting

A teacher has been arrested by the Mozambique police in the Báruè district of Manica on counterfeiting charges. Using a printer, the detainee, a teacher of eight years standing, allegedly produced counterfeit banknotes and circulated them on the market, STV reported. Confessing to the crime, the teacher said that, being aware of the risks involved, he had engaged two other individuals to carry out commercial transactions with the ...

Graça Machel attends Malawi summit on quality of care for mothers and newborns

Malawi government is hosting the 21st board meeting for the Partnership for Maternal, Newborn and Child Health (PMNCH) in Lilongwe from 13th to 14th December, 2017. Malawi Health Minister Atupele Muluzi discussing with Graca Machel, Board Chairperson of the Partnership for Maternal, Newborn and Child Health (PMNCH), to make efforts to ensure that every pregnant mother and newborns lived.-Photo by Lisa Kadango, Mana Minister of Health and ...

 

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