MOZAMBIQUE'S Hidroelectrica de Cahora Bassa (HCB) will this week feed 100 megawatts into the country's power grid, a move likely to ease power shortages in Zimbabwe, Zim Morning Post reported.The late...
Mozambique is ready to assist Zimbabwe with increased supplies of electricity from Cahora Bassa, the President has said. He was speaking on the sidelines of the 12th Extraordinary Summit on the Contin...
Aconsignment of 30 000 metric tonnes of wheat which was sourced from Lithuania by the Grain Millers' Association of Zimbabwe (GMAZ) is stuck at Beira port in Mozambique after the Reserve Bank of Zimba...
The Development Bank of Southern Africa (DBSA) is set to inject over $190 million towards the construction of a new power transmission line linking Mozambique, Zimbabwe and South Africa (MoZiSa).The s...
ZIMBABWE Stock Exchange-listed financial services provider, ZB Financial Holdings Limited (ZBFHL), has abandoned plans to set up a unit in neighbouring Mozambique due to foreign currency shortages.Ron...
Exor Petroleum, one of the country’s pioneering indigenous oil companies, has formed a joint venture company, PetromocExor, with Mozambique oil giant Petroleos de Mocambique (Petromoc). The jo...
Mozambique will commence its first commercial production and sale of crude oil in 2014 from an inland oilfield at Inhassoro, Johannesburg- based integrated energy company, Sasol Petroleum has said.The...
ZIMBABWE and Mozambique have signed a Memorandum of Understanding (MoU) on tourism co-operation that will result in a dual marketing strategy for their products.The MoU was signed during the Meeting o...
Research and consultancy firm Frost and Sullivan has forecast that the rising demand for energy and new power projects in southern Africa, along with escalating costs of coal, could lead to an increas...
JOHANNESBURG - PETROCHEMICALS company Sasol has yet to make a decision on whether to proceed with investments in developing two commercial oil and gas fields in Mozambique.Group CEO David Constable sa...
Rebel clashes with government forces in Mozambique has prompted VTB Group, Russia's second-largest bank, to halt a proposed sovereign debt transaction in the country. Rebels tied to the opposition Moz...