Stay ahead with Zitamar News’ new Subscription Option

This week marks one year since Zitamar News went behind a paywall  - and it has been a turbulent 12 months for Mozambique. With the country still in flux there’s never been a more important time to subscribe, and there are now more ways in which you can do so.

After listening to feedback from our readers, we have added  a new subscription option for users who need to share our content within their company or organisation. The ‘Gateway Subscription’ unlocks Zitamar content for those who need to copy and share with colleagues who don’t themselves have access to www.zitamar.com. For details and prices, click here.

This week also marks one year since the discovery of ProIndicus - or as we called it at the time, ‘EMATUM 2’ - and the scandal is still unwinding. An international audit of the deals, by investigators Kroll, has twice been delayed and is now due at the end of April. Its findings could hold the key to how Mozambique’s economy recovers from its current crisis - and how the political landscape evolves going into the elections of 2018 and 2019.

However, this year could be the start of the turn around. Eni should take a final investment decision on its floating LNG project before the end of May and will work towards closing its $2.8 billion sale in the Area 4 gas block to ExxonMobil within the next six months. More oil and gas exploration should start off the coast in late 2016, as the US supermajors, and other winners of Mozambique’s latest licensing round, finally sign concession contracts with state regulator, INP.

And gas is not the only game in town. As coal prices rise, the mines in Tete are coming back online. Vale has finally closed a deal to sell a stake in its mines and the Nacala Logistics Corridor to Mitsui, as the project ramps up towards full capacity.

This year will be pivotal in politics, too. Frelimo will decide later in September if it will select President Filipe Nyusi, who has had a troubled first two years in office, to run in the 2019 elections.

Peace negotiations with opposition party Renamo are making progress after international mediators left the table - with some kind of power sharing deal now looking more likely.

2017 will be fundamental in shaping Mozambique’s trajectory for the next few years - so it is now more important than ever to stay ahead with Zitamar News.

For more information on how to subscribe, please email subscriptions@zitamar.com

Have a great year.