The National Electoral Commission (CNE) owes just over two billion meticais to the Laxton/Artes Gráficas consortium for material supplied for the 2023 local elections and this year's general elections. According to the electoral bulletin of the Center for Public Integrity, on December 3 Laxton/Artes Gráficas issued a note to the...
Tag: debts
Debts, salaries and pensions: Government announces socio-economic measures to reduce impact of post-election demonstrations
Today in Maputo, the government announced some socio-economic measures to ease the impact of the post-election demonstrations. The plan includes the payment of debts, salaries and pensions. Speaking during the Economic Briefing organized by the Confederation of Economic Associations, Mateus Magala pointed out that the measures will be implemented in January 2025. He said that salaries and pensions...
LAM suspended from international airline organization for non-payment of debts
The International Air Transport Association (IATA) has suspended Mozambique Airlines (LAM) from the global organization that leads, represents and serves the entire airline sector. According to the circular released this Friday (18) by Emirates (EK), LAM was suspended from the international airline organization for failure to pay its debts. In...
US election uncertainty blocks debt issuance to African countries
The rise of Kamala Harris to the top of the Democratic Party ticket in the US has had unexpected consequences for African governments looking for money to plug budget deficits. The renewed uncertainty surrounding the outcome of the US presidential elections is causing African treasury departments to rethink plans to sell...
IMF presses G-20 to reduce debt burdens of poor countries and avoid defaults
The International Monetary Fund (IMF) is seeking to rally the Group of 20 countries around a new effort to help poor countries reduce their debt burden, avoid default and stabilize their economies. Although the plan is at an early stage, it could include restructuring existing loans, debt swaps and guarantees...
Maputo municipality with a deficit of 30 million for garbage collection
The Municipality of Maputo has a deficit of 30 million Meticais for garbage collection in all the neighborhoods of Maputo. In other words, the municipality manages to collect only 14 million Meticais a month out of the 44 million Meticais needed each month for this activity. "At the moment, we have a monthly bill resulting from primary collection of around...
UniLúrio debts delay dreams of health science students in Nampula
Xavier Felisberto, the president of the Student Nucleus of the Faculty of Health Sciences at Lúrio University (UniLúrio) in Nampula, has revealed that more than a thousand students from different courses have seen their dreams of training delayed. A VOA report says that this is due to classes having been suspended for almost eight months because the university...
Maputo municipality: debts jeopardize garbage collection
The Municipality of Maputo is not collecting garbage in some neighborhoods due to a lack of money to pay debts to companies that provide the service. This has turned these neighborhoods into garbage dumps, which is a threat to the public health of residents. Meanwhile, the councillor for Infrastructure and Health, João Munguambe says...
LAM debts leave passengers stranded in Lisbon
The President of the Assembly of the Republic, Esperança Bias, and the national soccer team, the Mambas, were stranded in Lisbon last Wednesday due to debts owed by the company Linhas Aéreas de Moçambique (LAM) to the Portuguese company Euro-Atlantic Airways (EAA). According to this week's edition of the Savana newspaper, LAM had to find...
CNE says lack of money hampers electoral process in Mozambique
The president of the National Electoral Commission, Dom Carlos Matsinhe, says that the lack of money is hampering the materialization of the electoral process in Mozambique. Quoted by O País, Matsinhe revealed that suppliers of goods to electoral bodies no longer accept to provide services without payment of existing debts. According to the President, the...