Tobacco production down to 3.1 million dollars in the first half of the year
Tobacco industry production in Mozambique fell in the first half of 2024, totaling 200 million meticais (3.1 million dollars). This figure represents a reduction...
Montepuez Ruby Mining and UniLúrio sign environmental sustainability agreement
On Tuesday (27), during FACIM 2024, Montepuez Ruby Mining (MRM) signed an agreement with the University of Lúrio (UniLúrio) to finance environmental protection and...
EDM launches phone line to reduce fault repair times
Electricidade de Moçambique (EDM) announced the launch of a new telephone line for reporting faults, during FACIM 2024, with the aim of reducing the...
Germano Nhabinde: “Exchange rate risk is an unavoidable challenge for countries like Mozambique”
In an exclusive interview with Profile, Germano Nhabinde, Head of Treasury Capital Management at Standard Bank, shares his vision of the CFO (Finance Executive...
FACIM 2024: Nyusi highlights investments of 10 billion dollars since 2019
At the opening of the 59th edition of the Maputo International Fair (FACIM 2024), the President of the Republic, Filipe Nyusi, pointed out that...
Energy production grows 15.3% in the first half
Mozambique's energy production saw a significant increase of 15.3% in the first six months of 2024, totaling 10,097,812 MWh, according to official data on...
Cotton export earnings fall by 56% in three months to 3.7 million dollars
Mozambique's cotton exports fell by a significant 56% in the first quarter of 2024, totaling just 3.7 million dollars. This figure represents a reduction...
Fishing boosts GDP growth with 11.36% increase
The fishing sector was mainly responsible for the 3.2% economic growth recorded in the first quarter of this year. According to the report on...
19% growth in gold production in Mozambique
Gold production in Mozambique increased by 19% in the first six months of 2024, reaching more than 917 kilograms, compared to the 769 kilograms...
Graphite production in Mozambique to fall by 40% in the first half of 2024
Graphite production in Mozambique, which is essential for the manufacture of electric batteries, fell by 40% in the first half of 2024, according to...
