State revenues reached 73 billion meticais in the first quarter
The state's current revenue rose significantly by 12.2% in the first quarter of 2024, totaling 73 billion meticais. This growth was mainly driven by...
Deccan Gold Mines invests in Mozambique with lithium aquisition
Deccan Gold Mines (DGML), India's only exploration and mining company, announced today in a press release that it has acquired a majority stake in...
ʺA look at the potential risks of political influence on monetary policy decisionsʺ
The Organic Law of the Bank of Mozambique defines the primary objective of monetary policy as preserving the value of the national currency, which...
Sérgio Gomes: ʺM-Pesa is the largest mobile wallet service in the country and has...
M-Pesa is the largest mobile wallet service in the country. It currently has more than 6 million active customers and a network of more...
Mozambique aims to raise funds for the conservation of the Miombo forest
The Mozambican government took part in an international conference in Washington, USA, with the aim of mobilizing funds to protect the Miombo forest. The...
Salimo Abdula appointed chairman of the board of Vodafone M-Pesa
Vodafone M-Pesa celebrates its eleventh anniversary with the announcement of the appointment of Salimo Abdula as the new Chairman of the Board of Directors....
Kenmare Resources’ tax contribution reaches 1.9 billion meticais in 2023
Kenmare Resources, one of the main global titanium and zircon producers, responsible for operating the Moma mine in Nampula province, northern Mozambique, announced that...
Japanese delegation assesses environmental and social impact of Mphanda Nkuwa project
The Government of Japan, through the Japan International Cooperation Agency (JICA), conducted a working visit to the province of Tete, in central Mozambique, to...
Negotiations between Zimbabwe’s NRZ and CFM boost cross-border rail partnership
Currently, NRZ trains operate to Machipanda station in Mozambique, while CFM trains reach the town of Mutare. This partnership will allow CFM to manage...
Inflation in Mozambique rose to 3.26% in April, according to INE data
Mozambique witnessed an increase in year-on-year inflation, reaching 3.26% in April compared to the same period last year, the latest data from the National...
