December 2010

Above Normal Rainfall Forecast

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:16
Above Normal Rainfall Forecast - Mozambique's National Meteorology Institute (INAM) has forecast above normal rains for most of the country for the second half of the rainy season (January-March). [AA Network News]

China to Fund Vehicle Assembly Plant

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:16
China to Fund Vehicle Assembly Plant - The Mozambican government and the Chinese company Tong Jian Investment Ltd signed an agreement in Maputo on Friday to set up a vehicle assembly plant in Maputo province. [AA Network News]

Warning of Flooding in Zambezi Valley

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:16
Warning of Flooding in Zambezi Valley - The Zambezi Valley Water Board (ARA-Zambeze) warned on Friday of likely flooding on the lower Zambezi following increased discharges from the Cahora Bassa dam. [AA Network News]

Inflation and Exchange Rate Coming Under Control

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:15
Inflation and Exchange Rate Coming Under Control - Strong intervention by the Bank of Mozambique has helped bring both inflation and the exchange rate under control, claimed the governor of the bank, Ernesto Gove, on Friday. [AA Network News]

Agreement on Ecotourism Lodge in Matutuine

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:15
Agreement on Ecotourism Lodge in Matutuine - A community association has signed an agreement to operate an ecotourist lodge in the Maputo Special Reserve, in the southernmost Mozambican district of Matutuine, as part of a tourism project co-financed by the World Bank. [AA Network News]

President Reinaugurates Landmark Hotel

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:14
President Reinaugurates Landmark Hotel - Mozambican President Armando Guebuza on Thursday invited national and foreign businesses to invest in tourism, given the enormous tourism potential that Mozambique possesses. [AA Network News]

11 Civil Servants Jailed

Submitted by AA Mozambique on Wed, 22/12/2010 - 00:14
11 Civil Servants Jailed - The Cabo Delgado Provincial Court, in northern Mozambique, on Wednesday sentenced 11 senior and mid-level civil servants to jail terms of between 16 and 20 years for their part in stealing five million meticais (146,200 US dollars at current exchange rates) from the public treasury in 2006. [AA Network News]