London Stock Exchange listed Grit, the only listed Africa-focused income distribution group to offer international property investors access to high growth opportunities in thriving African economies outside of South Africa, today announced robust interim results for the financial year ending 30 June 2019,  despite challenging macro-economic conditions.

City Lodge Hotels expects demand for its rooms to continue exceeding expectations in the year ahead after it increased occupancies in 2015.

Delta International Property Holdings to raise R515 million in capital to acquire Vodacom Building and Zimpeto Square In Maputo. 

Pylos Mozambique, a subsidiary of the Belgian real estate developer Pylos, initiated its operations in Mozambique in July 2013 with offices in the Mozambican capital Maputo.

The Dongane Holiday Resort and Golf Estate in the Inhambane province, 430km north of Maputo, otherwise known as The Old White House, is a longstanding landmark, with a local Mozambican theme.

Maputo - BHP Billiton would only consider building a Mozal III nearer the end of this decade, the world's largest resources group said yesterday.

Maputo - The Airport Company South Africa (Acsa) and Africa Skies, a consortium of Zimbabwean and Mauritian firms, were bidding to operate Mozambique's international airport, a senior government official said on Wednesday.

ABSA has confirmed that it is investigating buying into Banco Austral.