Maputo

Sitting on the west side of Maputo Bay overlooking the Indian Ocean, Maputo is divided into two distinct parts: the colonial Cidade cimento, occupying the areas closest to the sea, and the indigenous Canio, stretching further inland. The former is inhabited by middle- and high-income Mozambicans and...

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

Barcodes for Mozambique

  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

Storms hits Mozambique

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

New banknotes in Mozambique

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 opens in Marracuene

17 countries are participating in Maputo
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

Banking charges reduced

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

Maputo International Fair

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

Portugal cancels Mozambique debt.

Portugal has formally cancelled Mozambique
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...