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Mozambique cracks down on cheap mineral exports

Plus: Renamo has a new proposal on district elections

A coal transport ship at the Nacala-a-Velha export terminal. Mozambican commodity exporters are facing new price regulations as from today.

Good afternoon. With demobilisation and disarmament out of the way, Renamo can turn its attention fully to the up-coming election cycle — and it has a new idea. Instead of elections in every district in the country, as it has been demanding, party leader Ossufo Momade is suggesting meeting Frelimo half way. What details he has made public are outlined below.

Mining companies are facing a new regulation as of today, announced to the media last night. The new rule aims to safeguard the state’s interests and prevent miners from exporting their minerals too cheaply. Its introduction makes sense, as we argue below, but much will depend on how it is implemented — and it will in any case be yet another layer of bureaucracy to navigate.

Omar Mitha, President Nyusi’s chief economic advisor, issued a warning last week over the negative effects of the Bank of Mozambique’s hawkish monetary policy. It’s the first time anyone in or near government has so explicitly criticised the policy of the central bank governor Rogerio Zandamela and his team; but can it have any effect?

And finally, there’s good news in the health sector, where health workers have agreed to postpone their planned strike for 60 days, to allow time for the government to meet their demands on pay and conditions.

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