Mozambique transport sector loses over 100 mln USD due to COVID-19

The transport sector in Mozambique registered an estimated loss of 7.6 billion meticais (about 109 million U.S. dollars) in the last three months due to the impact of COVID-19, according to a report by the country’s largest newspaper Jornal Noticias on Friday.

The loss were due to the closure of land borders for passengers and limitation imposed on the internal movement of people, which forced many transport operators to suspend their activities thus reduced the transport capacity, vice president of transport at the Confederation of Economic Associations (CTA), Faruque Assubuje, told the paper.

Assubuje mentioned that Beira Corridor’s volume of business in May was down by around 50 percent year on year.

About 1,200 jobs in the transport sector were also said to have been suspended.