MAPUTO: Mozambique will hike food and fuel prices but will offer other aid to the poor in the hope of staving off north Africa-style protests or a repeat of deadly riots last year, an official said on Wednesday, 30 March 2011.
31 Mar 2011 09:36
NEW YORK, US: Consumer confidence fell in 25 out of 52 countries in Q4 2010 as hope for a global economic recovery evaporated at the end of last year, according to the latest edition of the Nielsen
Global Consumer Confidence Index, which tracks consumer confidence, major concerns and spending intentions among online consumers.
27 Jan 2011 11:00
Retailer Pick n Pay on Monday (8 November 2010) announced that it had signed a franchise territorial agreement with retail franchising group Retail Masters in Mozambique to further extend its African footprint.
9 Nov 2010 08:39
South African retail giant Pick 'n Pay has signed an agreement with a franchise partner in Mozambique, with stores planned in Mozambique before the end of the year.
8 Oct 2010 07:05Shipping and logistics group Grindrod said on Wednesday (29 September 2010) it will pass on the costs of dredging of the access channels, basins and berths in the Port of Maputo to port users.
29 Sep 2010 06:56MAPUTO: 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 09:54JHI 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 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
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
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[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 [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 [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 [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