African Nations Unite to Tax Luxury Air Travel
Africa-Press - Mozambique. A coalition of 13 countries has announced new taxes on luxury air travel, applying to private jets as well as business...
Wheat May Need More Water During Future Heat Waves
Africa-Press - Mozambique. Future heat waves could bring wheat’s water needs well beyond current estimates, a new British study said Monday.
Researchers from the University...
Mozambique Government Aims to Unlock SMEs Potential
Africa-Press - Mozambique. The Mozambican Ministry of Economy on Thursday defended the urgency of removing the structural and institutional barriers that limit the growth...
Mozambique State Firms Invest US$130 Million in LAM
Africa-Press - Mozambique. The Mozambican Minister of Transport said this Thursday that three state-owned companies will inject US$130 million to recapitalise LAM and that...
EDM Restores Electricity to Maputo Neighborhoods
Africa-Press - Mozambique. Power utility Electricidade de Moçambique (EDM) expects to restore electricity tis Thursday to 1,600 customers in central Maputo still affected by...
LAM to lay off 80 employees
Africa-Press - Mozambique. The Mozambican Minister of Transport and Logistics, João Matlombe, has announced that the publicly-owned company Mozambican Airlines (LAM) will lay off...
Mozambique Tax Dispute With Galp a Matter of Sovereignty
Africa-Press - Mozambique. Mozambican business leaders on Wednesday considered Mozambique’s demand that Portuguese energy group, Galp, pay €151.5 million in taxes on the sale...
CTA Advocates Structural Reforms for Economic Relaunch
Africa-Press - Mozambique. The chairperson of the Confederation of Mozambican Business Associations (CTA), Álvaro Massingue, calls for urgent implementation of structural reforms to relaunch...
LAM Restructuring To Cut Workforce And Add Embraer 190s
Africa-Press - Mozambique. Mozambique’s Prime Minister, Benvinda Levi, stated today in parliament that the restructuring of the state-owned airline Linhas Aéreas de Moçambique (LAM)...
Senegal Joins Gabon Mozambique in Debt Distress Trio
Africa-Press - Mozambique. Senegalese bonds plunged to fresh record lows, placing the West African nation into debt-distress territory, according to a measure widely considered...