BUSINESS NEWS

Mozambique tops labour migration into Zimbabwe

Mozambique has emerged as the leading source of labour migrants in Zimbabwe, according to the Zimbabwe National Statistics Agency (ZIMSTAT)'s latest second-quarter data for 2025. The findings reflect...

By Staff reporter | Published: 28 July 2025
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BUSINESS NEWS

Mnangagwa set for Mozambique Golden Jubilee celebrations

President Emmerson Mnangagwa will tomorrow join fellow Heads of State and Government at Machava Stadium in Maputo for Mozambique's Golden Jubilee, marking 50 years since the country's independence fro...

By Staff reporter | Published: 24 June 2025
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BUSINESS NEWS

Zimbabwe, Mozambique sign landmark energy deal

Zimbabwe and Mozambique have signed a landmark agreement to deepen cooperation in the energy sector, a development poised to significantly improve energy security and infrastructure across Southern Af...

By Staff reporter | Published: 09 May 2025
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POLITICS

Mnangagwa hails Zimbabwe-Mozambique ties

President Emmerson Mnangagwa has reaffirmed the strong and growing economic relations between Zimbabwe and Mozambique during a State Banquet held in honor of visiting Mozambican President Daniel Chapo...

By Staff reporter | Published: 25 April 2025
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INDUSTRIALS & ENERGY

Zimbabwe to get 100 MW from Mozambique

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...

By Staff reporter | Published: 27 September 2019
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BUSINESS NEWS

'Mozambique, Zimbabwe power deal done'

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...

By Staff reporter | Published: 09 July 2019
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BUSINESS NEWS

Zimbabwe wheat stuck in Mozambique

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...

By Staff reporter | Published: 06 January 2019
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FINANCIAL SERVICES

ZBFH abandons Mozambique plans

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...

By Staff reporter | Published: 24 August 2017
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INDUSTRIALS & ENERGY

Exor, Mozambique oil giant in joint venture

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...

By Staff reporter | Published: 07 February 2014
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AFRICA BUSINESS

Mozambique to start commercial oil production

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...

By Ventures Africa | Published: 05 December 2013
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AFRICA BUSINESS

Mozambique to overtake Zim in coal mining

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...

By African Review | Published: 18 November 2013
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AFRICA BUSINESS

Sasol to make decision on Mozambique projects

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...

By Bdlive | Published: 11 September 2013
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AFRICA BUSINESS

VTB halts Mozambique sovereign debt plan after clashes

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...

By Bloomberg | Published: 23 August 2013
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Business Daily Zimbabwe

Latest News

  1. 1 Mbare's filth draws Mnangagwa ire
  2. 2 Small-scale miners lead Zimbabwe's gold deliveries
  3. 3 Zimbabwe-China tobacco expo set for September
  4. 4 Retired cop criticises Mnangagwa's govt
  5. 5 Zimbabwe has tragically become a lootocracy
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