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OVER THE BORDER - New hydroelectric dam in the zambezi river


OVER THE BORDER



Tourism trebles in Zimbabwe



OECD: African countries must invest $80 billion in infrastructure annually



Malawi faces fuel shortage



166th issue



November



24 2009



GOVERNMENT



Final results for 2007 national census released



Mozambique scores low on Corruption Perception Index (CPI)



Government responds to 2009 CPI, denying that anti-corruption drive has been ineffective



Fire-damaged Ministry of Agriculture building will be demolished



BUSINESS NEWS



Mozambique broadband provider Intra sells majority stake to South African companies



South Africa’s low-cost airline 1time will fly Maputo-Johannesburg



Mozambique withdraws from plans to open new shipping route



ESV Group sells Jatropha plantations to SAB Moçambique SA



Liberalisation of Mozambique’s airspace at an advanced stage



Railway managers meeting in Maputo discuss ailing railway network



Mozambique and Vietnam explore cooperation in the agriculture sector



Mozambique to net $36 million from cotton exports



THE INVESTOR’S BUSINESS PROFILE OF THE WEEK



Frexpo Moçambique Lda



DONORS



European Commission will provide Euro 100 million to ACP countries to fund energy projects



Italy will provide Euro 7.5 million for human resources training in health sector



Mozambique receives $110 million in support of PRSC-6



WB finds a deficit of $0.8 million in spending on infrastructure in Mozambique



MINING AND ENERGY



Government plans to raise $1 billion to process electricity internally  



Marropino Mine has been connected to national grid



ENH granted concessions for the supply of gas in parts of Maputo



TOURISM



Prince Willem will sell his home in the Machangulo development



To serve well’ campaign planned for 2010



OVER THE BORDER



Tanzania may become Africa’s next big gold producer



Zuma supports Eskom’s application to World Bank with letter



New bill intends to reduce Zimbabwe bank governor’s powers



167th issue



December



1 2009



GOVERNMENT



Government plans to concede road maintenance work to private companies



Dismal results for Mozambique’s 12th graders



FINANCIAL NEWS



IFRS will be introduced into Mozambique in 2010



BUSINESS NEWS



EASSy expected to lay shore-end cable in Maputo soon



Mozambique’s 2009 sugar output may not reach expected levels



Vodacom Moçambique is awarded Best Marketing Campaign in the Africom 2009 Awards



Liberalise airspace, but protect African airlines says AFRAA



Former central bank governor appointed as new member of Tongaat Hulett board



Third mobile operator license is expected by end of 2009



THE INVESTOR’S BUSINESS PROFILE OF THE WEEK



PKF Accountants & Business Advisors



MINING AND ENERGY



Mozambique Mining Report for Q4 2009 available from Research and Markets



Companhia Siderurgica Nacional (CSN) will buy stake in Riversdale Mining



LEGAL NEWS



EGFE has opened the door for trade union rights for state employees



TOURISM



LAM and TAAG will reduce airfare for Mambas fans for CAN 2010



Dutch Prince will build villa in Argentina instead



Mozambique hopes to host Portugal and Brazil teams for Fifa 2010



OVER THE BORDER



Southern Africa explores wind power



South Africa remains the top coal exporter in the region



168th issue



December



8 2009



GOVERNMENT



New regulations for triangles, reflective vests and reflective markings starts today



Anti-corruption unit cracks down on top civil servant



IGEPE unveils good corporate governance strategy for state-owned enterprises



Government bans the import of goods emitting ozone-damaging substances



New premises for Ministry of Fisheries



FINANCIAL NEWS



Banco Terra provides credit line for the purchase of bicycles and motorcycles



Mozambique’s economy will improve in 2010, says Minister Chang



Mozambique’s inflation rate is at its lowest in recent times



BUSINESS NEWS



Private trauma centre and wellness clinic for women will open in 2010



World Bank advises on improving business environment in Mozambique



Damco opens new office in Maputo



THE INVESTOR’S BUSINESS PROFILE OF THE WEEK



Norco Moçambique Lda



DONORS



Indian Railways may expand into Africa under World Bank plan



Impact of global economic crisis on Mozambique “is evident” says World Bank representative



MINING AND ENERGY



Anadarko prepares to commence drilling on offshore blocks



Petromoc and UEM will co-operate in developing the biofuel industry



PetroVietnam and Mozambique’s ENH sign MOU



Globe Metals & Mining completes due diligence



TOURISM



Tourism earns Mozambique $200 million since January



The MCLI releases statement alerting travellers to fraudsters operating at the border posts



OVER THE BORDER



Rash of Airlink incidents leads to special audit of the fleet



Luanda is the world’s most expensive city for expats  



South Africa resolves to cut carbon emissions



169th issue



December



15 2009



GOVERNMENT



The GCCC has investigated 403 alleged corruption cases in 2009



Mozambique’s road system will be re-classified in order to better maintain roads



FINANCIAL NEWS



IMF’s appraisal of Mozambique’s growth rate ‘conservative’



Credit of $22.6 million to Mozambique approved by IMF under ESF



BUSINESS NEWS



China-Mozambique co-operation is “a prudent investment on both sides”, says Chiakwelu



There will not be a shortage of food stuffs this year, says the government



Tender for inter-provincial bus routes will be launched in mid-February



Cross-border transport networks key to integrating regional economies



Mozambique will produce 90,000 tons of cashew nuts in current agricultural campaign



THE INVESTOR’S BUSINESS PROFILE OF THE WEEK



Nova Escola de Linguas



DONORS



Norway pledges $1.3 million to Mozambique for evaluation of coastal zone



MCA funds improvement’s to Nacala’s water supply system



MINING AND ENERGY



Petroline will seek extension on deadline for Matola-Kendal pipeline



CMH is Mozambique’s ‘Company of the Year’, according to KPMG survey



TOURISM



Public tender launched for development of Zambezia islands



IFC launches online library of tourism resources to facilitate investment in tourism



INATUR’s Kapulana Project will create Mozambique’s first accommodation brand



Ressano Garcia/ Lebombo has prepared for the busy period ahead



OVER THE BORDER



Kenya and Uganda are among the top ten markets for Ovimail globally



Infighting weakens ZANU-PF



170th issue



January



12 2010



GOVERNMENT


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