Four hundred and seventeen young people from the city of Maputo today received certificates and terms of training for drawing up business plans. The best projects will be eligible for non-refundable funding of up to 1,500,000 meticais. These are young entrepreneurs and other aspiring businesspeople selected in the first phase of the government program who will now benefit...
The Center for Democracy and Development (CDD) said on Sunday (11) that the government is having difficulties paying the salaries of state employees until the end of this year, and warned that this could extend beyond the current mandate. The Ministry of Economy and Finance (MEF) denies the allegations and explains the delays...
On Friday (26), Mozambican businessman Michel Ussene, CEO of Mitra Energy and President of the Mozambican Association of Oil Companies (AMEPETROL), won the 13th African Business Leadership Award (ABLA) 2023, in the Young Business Leader of the Year category. "The position of winner was unexpected....
The Council of Ministers decided today to go ahead with a proposal for a law to revise downwards the salaries and allowances of public office holders, namely Ministers, Deputy Ministers, Secretaries of State (SE), Members of Parliament, among others, said the Minister of Economy and Finance, Max Tonela. The measure does not affect other civil servants....
TotalEnergies and partners in the Mozambique LNG project have created an action plan to improve the living conditions of the populations covered by the project and affected by the terrorist insurgency in Cabo Delgado province, the French oil company revealed today. The consortium has decided to set up a Provincial Foundation to share benefits in all the districts of the...
TotalEnergies' independent report confirms an improvement in the humanitarian situation in Cabo Delgado province, particularly with the return of people displaced by the conflict to the town of Palma and, to a lesser extent, to the town of Mocímboa da Praia. The report evaluated the humanitarian operations and socio-economic development programs carried out by...
The prices of petroleum products in Mozambique will now be reviewed monthly and their retail price adjusted and communicated to distributors on Thursdays of the third week of the month, in compliance with Decree 89/2019 of November 18. Thus, any change in the price of fuel on the international market should be reflected...
The Center for Democracy and Development (CDD) suggests that the Tax Authority (AT) focus its tax collection actions on the growing class of Mozambican millionaires. The government is recommended to create a millionaires' enforcement unit to broaden the national tax base. Mozambique was recently named the 16th African country with the most...
The contribution of the Extractive Industry to the national Gross Domestic Product (GDP) has grown by 8.8% in about a decade, from 1.8% in 2011 to close to 10.6% in 2022, the President of the Republic (PR) announced today. "In Mozambique, the extractive industry has seen significant growth, from 1.8% of GDP in 2011 to...
The Police of the Republic of Mozambique (PRM) is calling for the conscientious use of information technologies in the dissemination of possible crimes from the point of view of false information. "The use of technology is free for citizens, but freedom must be combined with awareness, which implies responsibility in its use,"...