Maputo News
Mozambique to check credit card use overseas
Mozambique central bank to stem flow of foreign-exchange.
Holders of debit and credit cards issued by banks operating in Mozambique will be limited to a maximum of 700,000 meticais ($13,600) per ye...
Maputo News
South Korea opens embassy and trade office in Maputo
Move signals increasing trade between the two nations South Korea’s Trade-Investment Promotion Agency (KOTRA) is due to launch a business centre in Maputo, following the opening of the South Ko...
Maputo News
The Mozambican government is poised to introduce a barcode system in the country later this year, according to the industry and trade minister Armando Inroga.
Inroga said that his adminis...
Maputo News
Mozambique considers changing working hours
The Mozambican government is considering changing the working hours of the country's financial sector in a bid to reduce traffic congestion in major cities such as Maputo.
Discussions are taking pl...
Maputo News
A second tropical storm to hit southern Mozambique in less than two weeks has destroyed thousands of homes in the south of the country and affected some 250,000 families. The state radio says that th...
Maputo News
Mozambique has issued new banknotes made of synthetic material better suited to humid conditions. The notes came into circulation on 1 October and contain reinforced security features compared to the...
Maputo News
Maputo International Fair 2010
The 46th edition of the Maputo International Trade Fair (Facim) is to take place from 30 August to 5 September. Prospective exhibitors have until the end of June to request a space at the exhibition v...
Maputo News
New Mozambique-South Africa one-stop border post
The one-stop border post (OSBP) at Lebombo-Ressano Garcia on the Mozambique-South Africa boundary is to be ready for the start of the FIFA World Cup in South Africa in June, the general director of Mo...
Maputo News
Maputo gets jobs from foreign investment
In the first nine months of 2009 Mozambique gave the go-ahead to 78 private investment projects in the country worth nearly $US 700 million; 60 per cent of the total investment came from foreign inves...
Maputo News
The Bank of Mozambique has abolished a series of charges for basic banking services as part of efforts to protect consumers.
Under the new rules commercial banks can no longer charge customers for...
Maputo News
The 45th edition of the Maputo International Trade Fair (Facim) will take place from 31 August to 6 September. Businesses especially from the southern African region will come together in the Mozambic...
Maputo News
Mozambique per capita GDP rises despite financial crisis.
Per capita gross domestic product (GDP) in Mozambique rose from US$301 in 2004 to US$356 in 2006 and $US473 in 2008, or by over 50 per cent in four years, the Mozambican government has said. Instead e...
Maputo News
Mozambican entrepreneur of the year awards.
The multinational professional services company Ernst and Young will award the second edition of the prize
Maputo News
World Bank loan for Mozambican bank.
The International Finance Corporation (IFC), the private sector funding arm of the World Bank, has provided US$8.5 million to support a loan facility for small- and medium-sized companies operated by...
Maputo News
International trade fair in Maputo.
The 44th edition of the Maputo International Trade Fair (Facim/2008) will take place from 1 to 7 September. Businesses from all over the world will come together in the Mozambican capital to present a...
Maputo News
Barclays buys Mozambique Austral bank.
Austral bank account holders should not be surprised if they find their habitual bank branch or automatic teller machine (ATM) carrying a new name: Barclays-Mozambique. The change is the result of the...
Maputo News
Shoprite supermarket in Matola.
South African group Shoprite Holdings Ltd has opened a supermarket in the southern city of Matola. This takes the number of Shoprite outlets in Mozambique to five, with other branches already operatin...
