Africa Connected with Standard Bank

How booming Beira is readying to become one of Mozambique's commercial capitals

A market in Mozambique (pixabay.com, 2018)

Standard Bank's Africa Connected host Lee Kasumba is back from travelling through Mozambique’s central port city of Beira in search of opportunities and investment potential.

Click or tap here to learn more about her journey.

The Money Show’s Bruce Whitfield interviewed Kasumba, who recapped her adventure in Beira, a city she described as “cosy and spacious” with a lot of construction and informal trading, day and night.

She described the glaring Chinese influence, the cheap beer (and expensive tea), glorious seafood and high tax rates (e.g. VAT is set at 17%).

Kasumba delved into the booming port, and how traffic has increased from 30 000 containers handled in 1998 to 240 000 in the past year.

(Read: Beira, Mozambique… where beer is cheaper than tea, despite ever-present China)

(Read: Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!)

Listen to Kasumba’s Beira recap in the audio below (and/or scroll down for quotes from it).

Beira has got a lot of beaches… it feels like what Maputo was a few years ago… it’s ready to become one of the commercial capitals in Mozambique, it’s beautiful.

Lee Kasumba

The city of Beira was created around the port… Zimbabwe, Zambia and Malawi uses the port…

Lee Kasumba

It [Beira] is a little bit behind [in terms of IT]…

Lee Kasumba

The wind countered all of that [the heat and humidity]…

Lee Kasumba

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : How booming Beira is readying to become one of Mozambique's commercial capitals


Recommended

by NEWSROOM AI

CapeTalk welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the CapeTalk community a safe and welcoming space for all.

CapeTalk reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

CapeTalk is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Lee Kasumba packs her bags for Port Harcourt in Nigeria

Lee Kasumba packs her bags for Port Harcourt in Nigeria

Broadcaster and podcast host Lee Kasumba gives a preview of her anticipated journey to the West African nation.

Mozambique: You're invited to taste the best seafood ever!

Mozambique: You're invited to taste the best seafood ever!

Follow Lee Kasumba on her visit to the highly recommended Barracas de Macuti in Sofala, Mozambique.

Lee's final stop in Mozambique might be a company trading in SA one day!

Lee's final stop in Mozambique might be a company trading in SA one day!

Exploring Beira, Mozambique for Africa Connected, Lee Kasumba meets with determined entrepreneur Samir Sousa.

So long, Beira! And thanks for all the seafood!

So long, Beira! And thanks for all the seafood!

Bruce Whitfield interviews Lee Kasumba who is wrapping up her fact-finding mission in Mozambique’s central port city of Beira.

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

Booming economy… cheap beer… great food… Beira is where it’s at, but the taxes!

VAT at 17%... yoh! Bruce Whitfield interviews Lee Kasumba, who is exploring Mozambique’s central port city of Beira.

Beira (Mozambique)… where beer is cheaper than tea (despite ever-present China)

Beira (Mozambique)… where beer is cheaper than tea (despite ever-present China)

The Money Show’s Bruce Whitfield interviews distinguished Africa correspondent Lee Kasumba, who is in Mozambique’s central city.

Popular articles
'The Suzuki Dzire is the perfect day-to-day runaround car' - Jacob Moshokoa

'The Suzuki Dzire is the perfect day-to-day runaround car' - Jacob Moshokoa

In the car feature, automotive journalist Jacob Moshokoa chats about his experience driving around with the Suzuki Dzire.

[LISTEN] Codeine addiction and abuse

[LISTEN] Codeine addiction and abuse

Member of the SASOP, Dr Eugene Allers chats about the causes behind addiction to over the counter medication.

Signs your jealousy may be getting unhealthy

Signs your jealousy may be getting unhealthy

Managing jealousy has become increasingly important, particularly with the evolving structure of modern relationships says Dr Eve.

Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Survivor winner Tom Swartz vows to buy his wife 'new boobies and a family house'

Swartz says he would have done anything to get the R1 million prize money.

'There is no way Magnus Malan could've done the things he is accused of'

'There is no way Magnus Malan could've done the things he is accused of'

Former police minister Adriaan Vlok has rejected accusations that former minister Malan was at the centre of a paedophile ring.