Mitra Energy denies receiving fraudulent payments
Africa-Press - Mozambique. The fuel trading company Mitra Energy claims that the 561.7 million meticais (8.7 million US dollars, at the current exchange rate)...
Over 700 Workers Strike at Chinese Mining Company
Africa-Press - Mozambique. Over 700 employees went on strike on Monday to demand fair contracts and wages from the Chinese-owned company Dingsheng Minerals, in...
firms turn to mergers to scale up for AI future
Africa-Press - Mozambique. African companies are accelerating merger and acquisition activity as CEOs race to build the scale and digital capacity needed for an...
Road budgeted at 4.3 million dollars inaugurated in Matola
Africa-Press - Mozambique. The Mozambican Minister of Transport and Logistics, João Matlombe, on Monday inaugurated a 2.35 kilometers road connecting Khongolote neighbourhood, in the...
Tourism Attracted US$1.1 Billion Investment over Five Years
Africa-Press - Mozambique. Mozambique’s tourism sector attracted more than US$1.1 billion (€954 million) in investments over five years, said yesterday the vice-president of the...
Triton Minerals Advances Graphite Divestment and Exploration
Africa-Press - Mozambique. Triton Minerals Limited has made significant progress in divesting 70% of its Mozambique Graphite Assets to NQM Gold 2 Pty Ltd,...
OECD Annual Inflation Ticks up to 4.2% in September
Africa-Press - Mozambique. Annual consumer inflation in the Organization for Economic Cooperation and Development (OECD) area edged up to 4.2% in September, from 4.1%...
Mozambique Caps 2025 Treasury-Bill Issues at €6.82 Billion
Africa-Press - Mozambique. Mozambique’s government has set a limit of 505 billion meticais (€6.816 billion) for issuing Treasury Bills in 2025, almost double that...
Government Seeks Tourism for Sustainable Development
Africa-Press - Mozambique. Mozambique’s Economy Minister Basílio Muhate said on Monday that the country is following a path of economic growth after Covid-19, climate...
Power Outage Affects 13,000 EDM Customers in Zambézia
Africa-Press - Mozambique. At least 13,000 customers of Electricidade de Moçambique (EDM) have been without power since last night in various areas of Zambézia...