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Tianjin Airlines takes delivery of more aircraft from Brazil’s Embraer

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Chinese air carrier Tianjin Airlines increased the number of jet aircraft in its fleet from Brazilian aeronautical company Embraer to 45 after taking delivery of another E195, in a ceremony held at the factory in São José dos Campos, São Paulo, said the Brazilian company.

The new Tianjin Airlines aircraft, which gave the airline the largest Embraer fleet in Asia, is another More

Mozambican company invests in breeding crocodiles

Mozambican company Agro-indústria e Comércio, Lda. (Agripec) plans to invest US$1.4 million in a project to breed crocodiles to use their skins, said the managing partner, Manuel Guimarães, quoted by news agency AIM.

The announced investment is intended to finance the construction of a slaughterhouse in Beira and a crocodile skin tanning unit, with individual tanks for crocodiles, a hatchery and fattening More

Mozambique’s banking sector needs more capital

The director of the Bank of Mozambique Joana Matsombe on Friday in Maputo said banks operating in the country should increase capital in order to be able to participate more actively in the development of natural resources, including natural gas, wrote the Mozambican press.

Matsombe, who was speaking at an international conference on natural gas ended on Friday in the Mozambican capital, stressed that to date More

Mozambique fails to meet agreed date for the transition from analogue to digital

Mozambique will miss the date agreed between the countries of southern Africa for the transition from analogue to digital transmission systems, which is 31 December, 2016, announced the Mozambican Minister of Transport and Communications.

Minister Carlos Mesquita said “the process will take six to seven months, with the last two transmitters in border areas currently being placed, to avoid any interference from More

Cashew exports may bring Mozambique tax revenues of US$33 million

The current cashew marketing year in Mozambique could provide a tax revenue of US$33 million resulting from the export of 110,000 tonnes of raw nuts, said the president of the Association of Cashew Manufacturers (Aicaju).

Mohamed Yunus, who made an upward revision of cashew production in this campaign from 120,000 thousand tonnes expected by government entities to 150,000 tonnes, said that of More

Angola’s 2016 State Budget comes up for final vote on 14 December

Angola’s parliament is scheduled on 14 December for a final vote on the draft State Budget Law for 2017, after its approval in general terms in a plenary on 17 November, according to a decision of National Assembly.

The bill includes expenses of 7.3 billion kwanzas (US$43.784 billion) focusing on the economic and social sectors, which account for 56.6% of the total, while the More