AGP Executive Report
Last update: 9 hours agoFuel Security Move: Mozambique approved a state-owned National Petroleum Products Procurement Company (ENAPP) to take over exclusive fuel procurement and improve oversight after recent shortages exposed weaknesses in the 30-year Imopetro model. Transport Cost Relief: The Ministry of Transport and Logistics disbursed 128.8m meticais to compensate Greater Maputo public transport operators for May fuel price hikes, covering mini-bus and bus operators with a second tranche underway. Mining Crackdown: Government set up a Multisectoral Commission for Mining Management, Oversight and Rehabilitation to coordinate and monitor mining activities and curb illegal operations, without automatically stopping authorised work. Inflation Pressure: Mozambique’s urban prices rose 7.51% in June, with transport and food costs leading, and fuel price increases plus flood impacts still feeding into costs. Youth & Innovation Ties: President Chapo urged renewed Mozambique–Portugal cooperation anchored in youth, science, tech and innovation, pointing to sectors like logistics, agriculture and industrialisation. Regional Security: SADC ministers met in Malawi to review peace and security, focusing on DRC conflict, terrorism, organised crime, cybercrime and governance.
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