The President of Frelimo Party, Filipe Nyusi said the government will continue to invest in resources for the defense of the country's sovereignty. Filipe Nyusi, who was speaking during an extraordinary meeting with members of the party's Central Committee, in Inhambane, said there is a need to create what he called its own musculature in the...
Author: José Caetano (José Caetano)
BM provides USD 380 million to improve access to the Port of Nacala corridor
The World Bank will soon make available 380 million dollars for the improvement of the Port of Nacala and infrastructures linking Malawi and Mozambique, as part of industrial incentives in both countries. The fund will be used for the improvement of logistics for the flow of agricultural products from the production areas to the markets of the...
State suspends Old Apostolic Church due to internal conflicts
The Minister of Justice and Constitutional and Religious Affairs, Helena Kida, decreed the indefinite suspension with immediate effect of the religious activities of the Old Apostolic Church at the national level, according to a statement to which we had access. According to the statement, the decision aims to make the religious congregation "find a peaceful and lasting solution that allows...
Standard Bank in the lead-up to the 27th United Nations Climate Change Conference
Standard Bank Group, in partnership with the School of Oriental and African Studies at the University of London (SOAS), held the second edition of the Climate Summit, an event in which climate change is discussed in the context of energy access and just energy transition. The Summit aims to identify, unify and...
Moma mine with more than 6.3 billion tons of mining resources
Moma is one of the largest titanium mineral deposits in the world, containing more than 6.3 billion tons of mineral resources, official source Kenmare Moma Processing said. Kenmare, quoted by the Profile portal, noted that the mine has a life span of more than 100 years, given its current rate...
Authorities dismantle 'mandrax' production factory in Machava
Authorities dismantled a factory of 'mandrax', a synthetic drug, in the administrative post of Machava, Matola, Maputo province, in one of the largest seizures recorded this year, an official source said Wednesday. "We can register it as one of the best seizures [of the year], at least so far," said Amelia Machava, director of the Asset Recovery Office, quoted by...
IMF may approve USD 175 million credit to save Malawi's economy
The International Monetary Fund (IMF) may approve a $175 million emergency credit to prevent the collapse of Malawi's economy. This is a quick credit, which provides quick concessional financial assistance to low-income countries facing an urgent balance of payments need, without conditionality. The fund, was established...
Passenger air movements grew 73% in Q2 2022
Data from the Civil Aviation Institute of Mozambique (IACM), indicate that in the second quarter of this year, 397,382 passengers passed through the national airports, corresponding to 104,207 more passengers, compared to the second quarter of 2021 and an increase of 73% compared to the first quarter of 2022. Regarding the cargo handled the...
PR visits Inhambane province
The President of the Republic, Filipe Nyusi, is due to start a two-day working visit to Inhambane province on Thursday, a presidential statement said. According to the statement, the Head of State will visit the provincial capital, Inhambane, where he will inaugurate the new building of the Provincial Attorney's Office. On Friday, according to the communiqué, the President will...
TSU: Retroactive taxes will no longer be paid this month
The Minister of Economy and Finance, Max Tonela said today during the question and answer session in Parliament that the government will pay this month the salaries based on the Single Wage Table (TSU), however, in the amount that fall this month, will not be included the promised retroactive of the last three months...