Mozambique

21 March 2023

Exxon Mobil and CNPC considering resuming LNG project in Mozambique

Exxon Mobil Corp. is considering resuming its liquefied natural gas project in Mozambique, where it partners with China´s CNPC and ENI.

16 March 2023

Alibaba agrees to connect small Mozambican producers to global markets

Chinese e-marketplace Alibaba will boost exports of Mozambican product under a new deal with the Mozambican Chamber of Commerce (CCM).

15 March 2023

Mozambique set to begin repair of its main highway with World Bank funding

Mozambique is set to start later this year repairs on its main north-south highway, in a stretch of over some 1,053 kilometres, with funding from the World Bank.

The first phase of the improvement of the 2,600-kilometre National Road 1 (EN1) will take 10 years and see works carried out over

14 March 2023

Legal Update/Mozambique: Valuation Exchange Rate Regime

The Bank of Mozambique (BoM) has updated the the Valuation Exchange Rate Regime and the Exchange Rate Unicity Principle, according to official legal database Legis-PALOP+TL.

13 March 2023

Mandarin courses at Mozambique’s top university gain popularity

Mandarin courses at Mozambique's top university are gaining popularity, according to Henrique Mateus, the university's director of the Degree Course in Chinese Language and Literature.

01 March 2023

Legal Update/Mozambique: Framework for bank accounts provided by credit institutions

Mozambique has changed the legal framework for bank accounts provided by credit institutions, according to official legal database Legis-PALOP+TL.

27 February 2023

Macao government chief expects Macao Forum ministerial conference in 2023 after 4-year postponement

Macao government chief Ho Iat Seng expects the sixth ministerial conference of the Macao Forum, postponed since 2019, to be held this year.

20 February 2023

Mozambique GDP growth to accelerate in 2023-25

Mozambique´s GDP growth is set to accelerate in 2023-25, with the economy´s post-pandemic recovery gaining momentum and benefiting from the start of off-shore natural gas production, according to Eaglestone Securities.

16 February 2023

Legal Update/Mozambique: Value Added Tax Code

Mozambique has reviewed its Value Added Tax (VAT) Code, establishing new exemptions for exchanges of goods and services, according to official legal database Legis-PALOP+TL.

08 February 2023

Legal Update/Mozambique: Corporate Income Tax Code creates new reduced rates

Mozambique has amended its Corporate Income Tax Code, creating new reduced rates for certain businesses, according to official legal database Legis-PALOP+TL.