Mozambique: HCB Contributed 3.6 Billion Meticais to the State Coffers in Last Six Months

Maputo — Hidroeléctrica de Cahora Bassa (HCB), the public company that operates the Cahora Bassa dam on the Zambezi river in the western Mozambican province of Tete, contributed 3.6 billion meticais (51.1 million dollars at the current exchange rate) in dividends to the state coffers from January to June 2023.

According to figures included in the Balance of the Economic and Social Plan and State Budget for the first half of 2023 – the government’s half-yearly report – of the six companies…