The President of the Republic, Filipe Nyusi has just inaugurated the Massingir Valey Farm, an agricultural enterprise whose investment amounts to 150 million dollars, in Gaza province. According to a press release from the Ministry of Agriculture and Rural Development (MADER), the project was designed to meet the national needs of meat production and...
Author: José Caetano (José Caetano)
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Capital Market has one more operator
The announcement was made a few days ago by SL Capitais in the context of an event promoted under the slogan "Enhancing the Capital Market in Mozambique. The president of the Mozambican Stock Exchange, Salim Valá, praised the importance of the entry of this capital sales management company in the domestic market. According to a press release, SL...
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New mining company enters the ruby business
A ruby extraction unit is expected to start operating still this year in Montepuez district, Cabo Delgado province, which will contribute for the increase of production and revenues from the exportation of this resource. The company, operated by Moza Minerais, already has the equipment installed and is, at this moment,...
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Millennium bim and camões establish protocol to support the promotion of the portuguese language
As part of the attribution of the title "Promoting Company of the Portuguese Language" granted by the Portuguese State, Millennium bim and Camões, Institute for Cooperation and Language, I.P. signed on September 2, 2022, a protocol for the Promotion and Study of Portuguese Language. The ceremony took place at FACIM, during the Business Forum of...
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Mozambique hosts 7th Gas and Energy Summit
The Joaquim Chissano International Conference Center, will host on the 14th and 15th of September of this year, the 7th Mozambique Gas and Energy Summit and Exhibition. National and international leaders of the industry will be gathered in the city of Maputo to discuss policies, project developments and the energy transition with the aim of...
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UEM will grant the title of Doctor Honoris Causa to the President of the Republic, Filipe Nyusi
Eduardo Mondlane University (UEM) will award the title of Doctor Honoris Causa to the President of the Republic, Filipe Nyusi, for his achievements in the areas of biodiversity and climate change, reports Rádio Moçambique, citing a publication in the Republic Bulletin. The same bulletin, which is dated September 2, highlights the fundamental role of the...
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Cegid confirms acquisition of Primavera Group, becoming the leading provider of cloud management solutions
Cegid, Cegid Meta4 in Portugal - a leading global specialist in cloud management solutions for professionals in the areas of Finance (ERP, Treasury, Tax), Human Resources (Payroll and Talent Management), Accounting, Retail, for Entrepreneurs and Small Businesses - announces the final signature of the acquisition of Primavera Group - one of the main...
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CCAM and Moza unite to attract investments in the transportation sector
Moza Banco recently participated in the Joaquim Chissano International Conference Center, of the Mozambique - Arab Countries Economic Forum, an event promoted by the Arab-Mozambican Chamber of Commerce (CCAM) and that aimed to promote business cooperation, consolidate and expand partnerships, and mainly generate business opportunities in Mozambique having as preferential allies the Arab business sphere,...
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Government will conduct studies on the project to rehabilitate the EN1
The government will carry out in-depth studies on the rehabilitation project of the National Road Number one (EN1), whose works are foreseen for the second semester of next year, in an investment of 400 million dollars. The information was advanced this morning by the Minister of Public Works, Housing and Water Resources, Carlos Mesquita, during the launch...
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Russian government estimates GDP drop of 2.9% this year and 0.9% in 2023
The Russian government estimates that the Russian economy will contract by 2.9% this year and by 0.9% in 2023 due to Western sanctions, Economic Development Minister Maxim Reshetnikov indicated today. "The Russian economy is adequately coping with the pressure of sanctions. We expect a 2.9% setback in GDP [gross domestic product]...