Mozambique scraps bread price hikes

MAPUTO: Mozambique will reverse an increase in the price of bread that sparked deadly rioting last week, and restore some subsidies for electricity and water, the planning minister said on Tuesday (7 September 2010). 9 Sep 2010 09:54

Mozambique booming

JHI Real Estate Mozambique, a subsidiary of JHI property services, recently opened a further branch office in Matola and is now looking to expand to other key growth areas in the region. According to Wayne Wright, business development director for JHI property services, retail development in Mozambique is set to increase significantly over the next few years. 27 Jul 2010 08:02

Game still in the pink of health

Game Stores has come a long way since it opened its first store in Durban in 1970 in cramped premises in the city's CBD, ringing up sales of R78 000 in its first month of trading. Its founders believed that shopping had become a tedious and boring pastime. They wanted to create a fun shopping environment and so conceptualised retailing as a game. The signature bright pink prevails to this day. 19 Jul 2010 08:43

mcel reappoints HKLM for retail expansion

Following the first two pilot retail stores, Mozambican cellular operator, mcel has reappointed international branding company, HKLM to continue the retail roll-out with the design and shop-fitting of a further 15 outlets. 29 Jan 2010 07:29

Chinese to boost agriculture in Mozambique

A Chinese centre for research and transfer of agricultural technology is set to open in Mozambique in early 2010. The facility will use China's farming expertise to boost the African country's agricultural productivity by improving cultivation methods and training local scientists and farmers. 13 Nov 2009 10:08

Female farmer scoops award for food production

[Menesia Muinjo and Geline Fuko] In the past, Celina Cossa would queue for days and even nights just waiting to buy a bag of maize. But that did not even guarantee she would be able to purchase it. Some nights her two children, her husband and her would go to sleep on empty stomachs. 2 Sep 2009 07:48

Mozambique: Markets too far for farmers' profit

[Jessie Boylan] LAGO DISTRICT: August is peak tomato season in the Niassa province of northwest Mozambique, and farmers are bringing bucket-loads of tomatoes to sell to Nkwichi Lodge, one of the few buyers of local produce in the region. 1 Sep 2009 09:44

Mozambique: Economic growth remains robust

[Arão Valoi] MAPUTO: Economic growth in Mozambique will remain at "comfortable" levels despite the slowdown caused by the crisis, reflected in the reduction of state exports and revenues, said the Portuguese Bank, BPI, on his report published in Maputo on 20 July 2009. 27 Jul 2009 12:22

Mozambique: Socremo launches new product

[Arao Valoi] MAPUTO: Mozambican bank, Socremo, announced on 2 July 2009, the launch of a new product called 'Account Vitamin'. 7 Jul 2009 09:05

Mozambique: IMF approves US$176 million for exogenous shocks

[Arao Valoi] The executive board of the International Monetary Fund (IMF) on Wednesday, 1 July 2009, approved a 12-month, SDR of 113.6 million (about US$176 million) for Mozambique under the IMF's Exogenous Shocks Facility (ESF) to cushion the country from the effects of the global economic downturn, said Felix Fischer, IMF resident representative in Mozambique. 2 Jul 2009 14:46

Mozambique: WB reports improved business but low productivity

[Arao Valoi] MAPUTO: The business environment in Mozambique registered significant improvements last year but productivity levels, which could allow the country to compete in global markets are still a big concern, according to a World Bank report released on Monday, 29 June 2009. 1 Jul 2009 11:10

Mozambique: Researchers ponder value of cash transfers

[Mercedes Sayagues] MAPUTO: Their mud huts perch precariously on the eroded, high embankment of the Zambezi river, in the provincial capital of Tete, in central Mozambique. But watching their homes be washed away by erosion or floods is just another risk for the residents of Matundo and Matheus Sansao Muthemba bairros. Their lives are as precarious as their homes. 13 May 2009 11:04

“Fight against poverty is our new war” say Mozambique's poor

Retail trade and its associated sectors cannot thrive in a society encumbered by poverty - what the poor of mozambique regard as their "new war". 16 Oct 2008 08:24

Mozambique: Cheap rail travel boosts cross-border trade

Angelina Sidumo is one of the hundreds of traders that throng the busy train station in the Mozambican capital, Maputo, on most Wednesday afternoons to catch the once-weekly train south to Chicualacuala town in Gaza Province, an 18-hour journey covering nearly 500km. 5 Sep 2008 08:46