Bank of Mozambique paying most of imported fuel bill; Cabo Ligado latest report, and new Zitamar Podcast

Welcome to Zitamar’s daily Mozambique briefing for 13 July 2022

Agenda:

• Tomorrow: NGO the Centre for Democracy and Development holds conference on “Just Energy Transition in Mozambique”

CDD Just Energy Transition @CDD_JET

📢📢 COMING UP: #CDDJustEnergyTransition conference in a hybrid format, hosted by @CDD_Moz. We have exciting keynotes & two great panels on: 🔹Inclusivity & Justice 🔹Policy Change for #JustTransition 📍14 July Registration: bit.ly/CDDJET1 Follow @CDD_JET for more info.

New Zitamar Podcast:

Coal, cotton, fuel price inflation – and the chances of a new debt crisis in Mozambique

This issue looks at three big stories from the past week: fuel price rises and the resulting urban transport strikes, Indian coal miner Jindal’s decision to stop using the Sena rail line to carry its coal, and Plexus Cotton’s threat to abandon cotton farmers in Cabo Delgado province. It also features an interview with economist and author Charlie Robertson on the risk of another debt crisis.

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The latest from Zitamar News:

Cabo Ligado Weekly: 4-10 July 2022 (also available in Portuguese)

• Insurgents target security forces to reprovision weapons and ammunition

• South African forces consolidate presence in Macomia district

• The Mozambican government tries to return displaced people to Ancuabe against UN advice

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Also in the news:

• Kidnapping arrests in Maputo reach 25 (Mediafax)

• Mozambique Stock Exchange expels companies over rule-breaking (Carta de Moçambique)

• Online platform to combat police corruption (AIM)

• HCB dividends fall short of shareholder expectations (Mediafax)

• Bank of Mozambique paying most of imported fuel bill (AIM)