New future for tourism, business in Mozambique

The recent landslide re-election of President Armando Guebuza bodes well for business and tourism in Mozambique.
Guebuza, whose Freedom Liberation Movement also took 76,4% of seats in parliament, is considered to be pro-foreign investment with a stable and decisive government  supporting him.
The country is expected to build on the 6% economic growth of 2008 as Guebuza’s promises of simplifying investment laws, cutting red tape and continued market liberalisation come to fruition.
Mozambique’s continued stability should be especially evident in tourism and relatively untapped mineral and energy resources as the country draws foreign investment.
Private sector board member of RETOSA, Dr Lucas Chachine, said the country was looking forward to growing business and tourism sectors. 
“The country has tremendous potential on several different levels, which offers rich rewards to those eager to explore.”