The agreement between the government and Credit Suisse "may raise suspicions" about the advantages of the agreement for Mozambique. This is the view of the Budget Monitoring Forum (FMO), a coalition of Mozambican non-governmental organizations (NGOs), which stresses that the agreement may not be as advantageous for the country as claimed. Through...
The out-of-court agreement reached between Mozambique and the UBS financial group on the "hidden debts" case before the British courts was approved by the Council of Ministers in June. The information appears in the Supplement to the Official Gazette of September 14. The document, quoted by Lusa, ratifies the so-called Settlement Agreement signed between the...
This was the solution found for both parties and puts an end to litigation started four years ago in the London Court by the Mozambican state against Credit Suisse. "The Mozambican state has reached an out-of-court settlement with Credit Suisse and the other members of the banking syndicate that financed the Proindicus project," said Minister...
Manchester United announced, in a statement issued via their official platforms early on Wednesday morning, that they have signed a sponsorship deal with Snapdragon for sums never before seen in the world of soccer. The American technology giant's logo will replace TeamViewer on the Red Devils' jersey from...
Televisão de Moçambique (TVM) today signed a cooperation agreement with public broadcaster TDM - Teledifusão de Macau for the two countries to share content that allows mutual knowledge of the realities of the nations. Quoted by Lusa (via RTP), TVM's Executive Director, António Mugabe, said that at this stage the priority...
The Millennium Challenge Corporation (MCC) has announced the signing, on September 21 of this year, of the second financing compact, for 500 million dollars, with the Mozambican government According to information from MCC, the signing ceremony for the Mozambique Coastal Connectivity and Resilience Pact, which will take place in the presence of the President of the Republic,...
The UN Secretary General said on Thursday that the organization is "deeply committed to resuming the Black Sea initiative", which allowed the export of grain from Ukraine, but that "mutual guarantees" are needed. Quoted by Lusa, António Guterres said that "contrary to what has been said recently, we remain actively engaged especially in aspects such as the...
Russia carries out naval exercises to rehearse the maritime blockade of the Black Sea after the end of the grain agreement. The Russian navy has held naval exercises in the Black Sea in order to practice detaining and destroying vessels in areas restricted to navigation. The exercises took place a few days after the Kremlin...
G20 finance ministers and central bank governors ended two days of meetings on Tuesday without an agreement to make progress on debt relief for severely indebted countries. India, which holds the presidency of the group, presented a statement instead of a joint communiqué on the issues raised in the talks due to...
The pact for the export of Russian and Ukrainian seeds and cereals expires today (17) with some prospects of being renewed, although Russia, through the head of diplomacy, Sergei Lavrov, has stated that the agreement "is dead". Meanwhile, the international press reports that Turkish President Recep Erdogan has guaranteed that the...