Financial ratings agency Fitch Ratings has lowered its estimate of China's low Fitch Ratings growth to 2.8% in 2022 in light of the impact of Covid-19 prevention measures and weakness in the real estate sector. Fitch's analysis "reflects a larger-than-expected decline in GDP [growth] [Product...
Author: José Caetano (José Caetano)
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Moza promotes adult literacy
As part of the International Literacy Day, which was celebrated on September 08, Moza Banco preceded the delivery of material composed of T-shirts, diaries, caps, among others, to women who attend the adult literacy program at the Paulo Samuel Kankhomba Community School in Boane District, Maputo province. The donated material...
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UEM awards title of Doctor Honoris Causa to the President of the Republic
Eduardo Mondlane University (UEM) awards, this Friday, the title of Doctor Honoris Causa to the President of the Republic Filipe Nyusi, in the area of Biodiversity Conservation and Climate Change. A press release from UEM states that the title is awarded, taking into account the advocacy done by the Head of State in front of decision-makers a...
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Chinese industrial production up 4.2% in August
China's industrial production recorded a growth of 4.21 Qat2 in August, compared to the same period last year, according to data released today by the National Statistics Office (NSO) of the Asian country and cited by Lusa. The source said that the figures represent an increase of 0.41 PPT2 in relation to July and exceed, by...
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Alcinda Panguana qualifies for the final of the African Boxing Championship
The Mozambican boxer, Alcinda Panguana, qualified for the final of the African Boxing Championship being held in the capital of the country, at the Eduardo Mondlane University. In the semi-finals Panguana beat Cameroonian Clotilde Essiane, in the 66-70kg category, by 4-0. In the final that will take place next Saturday, the Mozambican boxer will face the Congolese...
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Angola. UNITA calls for citizenship demonstration for September 24th
The National Union for the Total Independence of Angola (UNITA) has called, for September 24, a demonstration for citizenship and consolidation of the democratic rule of law, given the worrying finding of "a regression of the democratic framework" in the country. The decision was approved, this Wednesday, in an extraordinary session of the meeting of the Standing Committee of the Political...
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Sofala. WB provides 100 million meticais for road rehabilitation
The World Bank (WB) is providing 100 million meticals for the rehabilitation of roads in the city of Beira, in Sofala, as part of the Local Urban Development Project, said an official source from the municipality. Augusto Manhoca, councilor for Construction, Infrastructure and Urbanization at the Beira City Council, said that the works will start before the end...
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TotalEnergies is already working on the resumption of the Afungi project
The managing director of the Mozambique LNG project, underway in Cabo Delgado province, Afungi, says his company is already assessing the possibility of resuming its activities. Stephane Le-Galles, who was speaking yesterday in Maputo, during the 7th Mozambique Gas and Energy Summit and Exhibition, said TotalEnergies is working closely...
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EN1: Government Expects to Receive an Additional USD 450 Million to Continue Rehabilitation
The Chairman of the Board of Directors (PCA) of the National Road Fund, Angelo Macuacua, informed a few days ago that the Government expects to receive an additional package of 450 million dollars to continue with the subsequent phases of the rehabilitation of EN1. "The rehabilitation of EN1 with World Bank support is a project with a...
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João Lourenço invested for a second term after results contested by the opposition
The President-elect of Angola, João Lourenço, takes office today, beginning his second term, before 12 heads of state and dozens of other representatives, but without the presence of the main opposition leader, who contested the results. At the investiture ceremony of the leader of the Popular Movement for the Liberation of Angola (MPLA), winner of the...