The current board of the Confederation of Economic Associations of Mozambique (CTA) says that the agreement between the union's previous board and Construtora Mondego (CMondego) for the construction of two buildings was interpersonal and not institutional. It says that there were even payments in meticais and foreign currency before the...
The founder of Wikileaks, Julian Assange, has been free since Monday morning, after spending the last five years (1,901 days) in prison for publishing highly classified US defense secrets on his platforms. However, Julian Assange's release is underpinned by an agreement with the US courts in which he declares himself...
A lack of funds on the part of the Malawi government has led to the cancellation of the agreement with Mozambique to increase the 70 megawatts of electricity supplied to that country. Mozambique is supposed to supply Malawi with 50 megawatts of electricity, and it was planned to increase this from 70 megawatts to 120 megawatts in order to meet the needs...
The airlines of Mozambique and Angola, Linhas Aéreas de Moçambique (LAM) and Linhas Aéreas de Angola (TAAG) respectively, will be able to fly to various destinations in both countries. In fact, a bilateral agreement was signed on Wednesday in Maputo to strengthen the opening up of airspace between the Civil Aviation Institute of Mozambique...
The Governor of the Bank of Mozambique, Rogério Zandamela, recently explained that the negotiation of the ProIndicus debt with Credit Suisse, now the UBS Group, and the national bank that provided the loans, aims to protect the Mozambican financial system. Quoted by Notícias, he said that the agreement with the financial institutions stipulates that the...
Hamas and Israel have agreed on the "basic points" for a 40-day truce, writes the international press, citing Palestinian and Egyptian sources. So far, according to the Spanish news agency EFE, the parties have reached an agreement in which the truce will last 40 days, a period in which 40 hostages...
Cornelder de Moçambique (CdM) and Clube Ferroviário da Beira (CFvB) recently signed a partnership agreement in the city of Beira, Sofala province, aimed at strengthening the club's working conditions in the various sports disciplines practiced. To this end, CdM will invest a total of 160,000 US dollars in the...
Eni Rovuma Basin General Manager Marica Calabrese, on behalf of the Area 4 Partners, and the Permanent Secretary of the Ministry of Land and Environment Emilia Fumo, signed a Cooperation Agreement aimed at supporting the institutional capacity building process. At the same time, the agreement aims to contribute to the improvement and innovation of...
Mozambique has begun the integration process to become a shareholder in the pan-African infrastructure investment platform, Africa50. The Minister of Economy and Finance, Max Tonela, and the CEO of Africa50, Alain Ebobissé, signed the Share Subscription Agreement on behalf of the Mozambican government on Monday (12) in Casablanca, Morocco, with the commitment...
The leaders of the US Congress reached an agreement on Sunday to set a maximum spending ceiling for this year of 1.66 trillion dollars, in order to avoid the risk of a federal government shutdown. The agreement was reached between the leaders of the Republican and Democratic parties and will still have to be ratified by Congress. According to...