CNOOC plans to explore hydrocarbons by drilling five to six blocks in the deep waters of the Rovuma Basin in northern Mozambique. “They will start very soon. In March, they …
Mozambique Economy
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“In the context of strengthening budgetary transparency and the sustainability of public finances, it has proved necessary to adjust macro-fiscal estimates to an economic and financial context that is substantially …
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This is a proposal from the presidency office, dated 2024, presented in the most urgent manner by Senator Fernando Farias and which will be converted into a draft resolution, according …
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“We have lifted force majeure (FM) for the Rovuma LNG project in Area 4,” the company said in a statement, referring to a legal concept that is invoked to suspend …
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Mozambique paid over €36 million to China for debt service in three months, according to data from the Ministry of Finance. A report on debt management revealed that the debt …
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“We believe in the good sense of the companies involved in honouring their tax obligations,” said Mozambique’s Secretary of State for the Treasury and Budget, Amílcar Tivane, when questioned by …
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“At the moment, we have more than 12,000 workers who lost their jobs after the 9 October elections and, broadly speaking, these workers have not been compensated because some business …
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“This measure stems mainly from the maintenance of single-digit inflation prospects in the medium term, reflecting in part the stability of the exchange rate and the favourable trend in international …