February 2012

Central Bank Keeps Interest Rates Unchanged

[AIM] Maputo - The Bank of Mozambique has decided to keep its key interest rates unchanged.

Local Potatoes Labelled As Malawian

[AIM] Maputo - Potatoes produced in Tsangano district in the western province of Tete, are being purchased by Malawian traders who then place them in sacks bearing the words "Product of Malawi", reports the Beira daily paper "Diario de Mocambique".

ENI Announces Further Natural Gas Discovery

[AIM] Maputo - The Italian energy company ENI has announced the discovery of further enormous reserves of natural gas in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado.

Demobilised Forum Suspends Demonstrations

[AIM] Maputo - The promised demonstration on Tuesday through the streets of Maputo by the Mozambican Forum of Demobilised Soldiers did not happen, and the leader of the Forum, Herminio dos Santos, has announced that the demonstration is suspended indefinitely.

1400 Expulsions From Public Administration Since 2006

[AIM] Maputo - A total of about 1,400 people were expelled from the Mozambican public administration between 2006 and 2011, according to the Minister for the Public Service, Vitoria Diogo.

Cyclone Kills At Least 10

[IRIN] Antananrivo - At least 10 people have died after Cyclone Giovanna struck Madagascar but details of its impact on the regions which bore the brunt of the category-four tropical storm remain sketchy, as communications and electricity supplies have been cut.

Fuel Importers Turn to Feruka Pipeline

[The Herald] The use of the Feruka oil pipeline has improved significantly over the past year as more fuel importers have come on board, a Cabinet minister said on Monday.

Club Shanga Leaves for Mozambique

[The Herald] Marondera-based Club Shanga on Monday left for the Mozambican capital of Maputo where they were invited as guest performers at the Music Crossroads Inter-Regional Finals. Club Shanga were invited as the reigning inter-regional winners, after scooping the award last year in Tanzania.

Inflation Continues to Fall

[AIM] Maputo - Mozambique's inflation rate in January was 0.64 per cent, according to figures from the National Statistics Institute (INE), released on Tuesday.

Businessman Interrogated Without Arrest Warrant

[AIM] Maputo - The Maputo police detained a Mozambican businessman of Indian origin for about eight hours on Saturday, as part of the investigations into the wave of kidnappings in the capital, reports Tuesday's issue of the independent daily "O Pais".