The assets of Angolan commercial banks in 2016 represented about 63 percent of the Gross Domestic Product (GDP), State secretary for the Budget Aia-Eza da Silva said Thursday. Given the importance of banking activity in […]
Pathfinder Minerals Appeal Dismissed By Mozambique Supreme Court
Pathfinder Minerals PLC on Thursday said the Mozambique Supreme Court has dismissed an appeal in its ongoing legal battle to restore its licensed area, and it is continuing work on a planned out-of-court alternative resolution. […]
Rio Tinto faces fraud charges on US$3.7B Mozambique coal deal
Rio Tinto Group’s calamitous $3.7 billion coal deal in Mozambique, involving a plan to barge the fuel hundreds of kilometers down the Zambezi River, keeps coming back to haunt the world’s second-biggest miner – already […]
Mozambique poultry industry gets a boost from SA
A partnership between South Africa’s Philafrica Foods and Mozambique’s Novos Horizontes aimed to improve chicken production and supply in the coastal country. Philafrica invested especially in locally sourced raw materials, while Novos Horizontes had provided […]
Angola Mining and Oil sectors to undergo changes
A restructuring programme for the mining and oil sectors will be designed soon, as part of the ongoing process of merger of the two ministerial departments. This was announced Monday in Luanda by the minister […]
British American Tobacco certified as a top employer in Africa
British American Tobacco is proud to announce that it has earned the Top Employer Africa seal of recognition, in addition to being certified as a Top Employer in five countries: South Africa; Angola; Mozambique; Kenya; […]
