Mozambique News

Vale-Mocambique, the local subsidiary of the Brazilian mining giant, Vale, has reduced its estimate for coal exports from Mozambique this year by 30 per cent, according to a company representative quoted by Radio Mozambique.

The Mozambican government has approved a bill to increase the number of municipalities in the country from 43 to 53, Mozambiqan news agency AIM reported.

Vale SA, the world's biggest iron-ore producer, said it restarted coal transport from its Moatize mine in Mozambique 's northwestern Tete province today.

As their resident "Rosie the Riveter," Renee Godar of Clarendon Hills rivets a portion of a stabilizer together.

Chinese President Xi Jinping on Monday met with his Mozambican counterpart Armando Guebuza, hailing the African country as an all-weather friend.

While unwilling to disclose the issue of price, Clarke said Diageo, the parent company for Red Stripe, appears to be in a position to "take a substantial amount of cassava in their beer manufacturing"... In January, Clarke said in Parliament that Diageo had offered to pay $1 per pound for cassava.

Indian company Jindal Steel and Power has made its first coal export shipment from its mine in Changara district in western Mozambican province of Tete.

Commencing May 11, with the Oued Ziz , the weekly service will be operated with the following rotation: Tangier, Casablanca, Agadir and returning to Tangier.

British Airways inaugurated services on the 430-kilometre route from Johannesburg to the capital of Mozambique, Maputo , on 6 May.

An International Monetary Fund team visited Mozambique during April 24 to May 8, 2013 to conduct the 2013 Article IV consultation and the sixth and last review under the three-year Policy Support Instrument that was approved in June 2010 .

POUND, bawbee or Scottie which should an independent Scotland go for? Iain Gray looks at the surreal side of currency, with a warning that the colour of our banknotes does matter Alex Salmond is hardly the first politician to get into currency trouble.

Lack of transparency and professionalism when choosing candidates, besides a tendency to determine in advance who will take the institution's positions.

"It has been a great pleasure for me to visit Mozambique as First Deputy Managing Director of the IMF.

In a world where conflict abounds, and less than 20 percent of fragile states are challenged to meet poverty targets by 2015, what can be done to help stop conflict, reduce fragility, and end poverty was prominent at the World Bank's one-day high level Fragility Forum 2013 held at the Bank Headquarters on Wednesday in Washington DC.

The annual general meeting in Dubai of DP World, the company that holds the concession to operate the container terminal at Maputo Port in Mozambique, has heard that in 2012 the company made a profit worldwide of $749 million.

The Bank of Brazil is to enter into an agreement with the government of Mozambique to finance the construction of the Moamba Major dam that will provide drinking water for the Maputo metropolis.

The Executive Board of the World Bank on 25 April approved two credits for a total of $150 million to improve Mozambique's agricultural performance.

African leaders have assured Prime Minister Morgan Tsvangirai that they will not accept a violent or rigged election in Zimbabwe's next polls expected later this year,his aide Jameson Timba last week.

TRADER passenger traffic between Nairobi and Maputo, Mozambique has forced Kenya Airways to add an extra flight on the route bringing the number of weekly flights to the destination to four.

Mido Macia went to South Africa in search of a better life. The 27-year-old Mozambican was working as a taxi driver in a poor suburb of Benoni, a city famous for being the birthplace of Hollywood star Charlize Theron.