Notwithstanding a fourth consecutive month of declining inflation, prices remain unchanged in Mozambique, as reported by A Verdade

Mozambique is in a position to benefit from opportunities in the free trade zone in Africa.

According to the Minister of Industry and Commerce, the conditions are now favorable for positioning the nation on the global stage in order to benefit from the opportunities presented by the African continental free trade zone.

According to Silvino Moreno, the President of the Republic's package of economic acceleration measures and the recent start of liquefied natural gas export are evidence of the nation's progress.

This past Friday, Moreno gave a speech in Maputo at the start of a conference on the African Continental Free Trade Area.

Hipólito Hamela, the Economic Advisor at the Mozambican Chamber of Commerce, argues that in order to compete, a business environment must be created.

African Continental Free Trade Area: Opportunities and Advantages for Mozambique is the theme of the meeting on the African Continental Free Trade Area, which brings together representatives of the government, cooperative partners, and businesspeople.

In order to facilitate the movement of goods, services, and people across the African continent, the African Continental Free Trade Area aims to establish a single market that unites the 55 African economies.

Passenger rail service between Mozambique and the Kingdom of Esvathine to resume

This Saturday, passenger rail service between Mozambique and the Kingdom of Esvathine will resume.

This occurs two decades after the two countries' services were terminated.

The first locomotive to transport passengers to the Kingdom of Esvathine will leave Maputo Central Station at 06:00 on the 19th, bound for the Matsapa region, about seven kilometers from Mazzimi, the neighboring country's second largest city.

The President of the Association of Micro-importers of Mozambique, Sudecar Novela, points out that this development will cut costs in commercial mobility.

With the passenger transport train running between Mozambique and the Kingdom of Esvathine, the two countries' commercial ties will be strengthened once more.

The trip will take five to six hours and will cost 1250 meticais.

Commercial operators welcome the resumption of passenger rail transport between Mozambique and the Kingdom of Esvathine.

The government guarantees that retroactive TSU payments will begin this month.

The government promised payment of retroactives related to the implementation of the Single Salary Table, or TSU as of  this November.

The assurance was provided by Carla Louveira, deputy minister of economy and finance, during the customary media briefing that followed the Council of Ministers' regular session.

Carla Louveira gave the assurance that the government would also protect grants for various professional groups.

These remarks were made by the Deputy Minister of Economy and Finance at the conclusion of the Council of Ministers' 39th session.

The government made sure that the reasonableness between the management, leadership, and trust functions and professional careers is protected in the implementation of the Single Salary Table on Wednesday as well.

Inocêncio Impissa, Deputy Minister of State Administration and Civil Service, disclosed the information.

Inocêncio Impissa reiterated that the framework commission for the implementation of the TSU is still open to resolve any cases that arise as a result of this process.

Mozambique seeking more and better cyclone early warning systems

To this end, the President of the Republic, Filipe Nyusi, paid a visit to the VARSLA Corporation, a firm that makes cyclone early warning radars, on Thursday in Helsinki, Finland.

Given that the early warning system in Beira, province of Sofala, was installed by the same company, President Nyusi was impressed with what he observed during the demonstration of the systems.

Verónica Macamo, the minister responsible for business and international cooperation in Mozambique, said that the nation is concerned about finding ways to mitigate the effects of natural disasters, which recur periodically in the country.

On Thursday, President Filipe Nyusi traveled to Maputo and paid a visit to a company called VASLA that built the Ressano Garcia CTRG thermoelectric power station as well as a teacher training facility at the University of Helsinki.

Niassa Province: More Farmers to grow cotton.

Producers planning to grow cotton during the 2022–2023 agrarian campaign have increased their demand for cotton seed, according to Niassa, which began tracking this demand last Monday.

So far, the organization Sociedade Algodoeira do Niassa, which promotes this cash crop, has sold seed to at least ten thousand new producers.

Manuel Delgado, General Director of Sociedade Algodoeira do Niassa, believes that the high price of this crop is what motivates these producers.Sociedade Algodoeira do Niassa will have about 50,000 cotton producers as a result.

Manuel Delgado, the director general of Sociedade Algodoeira do Niassa, stated that 15,000 tons of cotton production are anticipated ,five more tons from the previous harvest.

Sofala: Businessmen Positive about economic recovery after resumption of passenger and freight trains operations.

Following the resumed operation of passenger and freight trains on the Beira-Moatize railway line this Tuesday, businessmen in Sofala are optimistic about the quick economic recovery of the province.

Ricardo Cunhaque, president of the Business Council in Sofala, claims that the reintroduction of rail transportation will foster trade and regional economic growth.

According to Ricardo Cunhaque, when trains start running again, the cost of some essential goods may decrease in nearly every district that the railway line passes through.

Despite the negative economic effects, the official argued that the suspension of locomotive service in response to the Covid-19 pandemic was a wise decision.