On Friday (23), the government will sign an addendum extending the Port of Maputo's concession contract for a further 25 years from 2033, as a strategy to deal with future developments at the Port of Durban in South Africa. The information was revealed today by the Director General of the...
There are indications that terrorism in Cabo Delgado is being financed by organized crime, according to the representative in Mozambique of the United Nations Office on Drugs and Crime (UNODC). "It is possible that organized crime is financing terrorist activities [in Cabo Delgado] through its illicit activities," said...
Fly Modern Ark (FMA) denounced, this Monday (12), in Maputo, millionaire embezzlement schemes at Mozambique Airlines (LAM), through points of sale (POS); cash collection, over-invoicing; and misuse of money. http://896.424.mywebsitetransfer.com/fma-acusa-fornecedores-de-combustivel-a-lam-pelos-atrasos-e-cancelamento-de-voos/ It was during a press conference that FMA's Project Manager, Sérgio Matos, revealed...
On Wednesday (07), the presiding judge of the Maputo City Judicial Court, Gracinda Muiambo, swore in Razaque Manhique as the new Mayor. On the occasion, the mayor stressed that he will work to solve all the problems that ail the Mozambican capital. The new promises (or old illusions regenerated?) for the next five years of government...
Fighting corruption among leaders is the biggest promise of Maputo's new mayor The new President of the Maputo City Council on Wednesday highlighted the fight against corruption among the city's leaders as the "hard line" of the new cycle of governance. "A city that wants to be prosperous...
This morning in Maputo, the Technical Secretariat for Electoral Administration (STAE) announced the new dates for voter registration in Mozambique and abroad. In Mozambique, the process will take place over 45 days, from March 15, 2024 to April 28 of the same year, and in the diaspora, on...
Mozambique defends the urgent reform of the United Nations Security Council in order to adapt its international action policies to the present day, according to the Mozambican Ambassador to that organization, Pedro Comissário. "We were among the first, immediately after our election to the Security Council, to very emphatically defend the need to reform the Council...
The trade union representation of the Mozambican business community is proposing the creation of a fund to protect price stability in the domestic market from the impact of shocks to the economy, especially external ones. "And one of the biggest external shocks is the rise in the price of a barrel of oil, which pushes up fuel prices in...
Private credit to the Mozambican state amounts to 4.7 billion dollars, which makes up around 29% of the national business community's contribution to the Gross Domestic Product (GDP), the President of the Confederation of Economic Associations - CTA, Agostinho Vuma, revealed today in Maputo. "If we add up the accumulated value, and overdue invoices, in...
The robustness of the Mozambican business fabric grew by one percentage point to 29% in the third quarter of 2023, compared to the previous quarter, when it stood at 28%, the President of the Economic Associations-CTA, Agostinho Vuma, revealed today in Maputo. "The trend in the business strength index in the third quarter of 2023 was a slight improvement...