At a time when the cost of living tends to rise in the country, Agri-Maçaroca, a company dedicated to tomato production in Vilankulo, Inhambane province decided to abandon production due to lack of market. Hen Van, owner of the company, said quoted by Radio Mozambique that the losses arising from the situation, reached more than...
Author: José Caetano (José Caetano)
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Modernization of the Port of Maputo could contribute USD 345 million annually by 2058, study says
A study prepared by the consultancy firm Cooningarth Economists, in partnership with Standard Bank, estimates that the modernization and expansion of the Port of Maputo, responsible for over 60% of the Maputo Logistics Corridor (CLM) goods traffic, will result in an annual contribution of about 345 million dollars to the Gross Domestic Product (GDP)...
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Microsoft profit grows below expectations. Only 2% to 17 billion
Microsoft on Tuesday reported a profit for the latest quarter of $16.7 billion (2.23 per share), up 2% year-on-year. Analysts expect 2, 29% per share. According to some international portals, this was one of the rare times that the technology conglomerate disappointed analysts, since, by "norm, it usually even...
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Angola's Quiluma and Maboqueiro fields begin gas exploration in 2026
The exploration of the Quiluma and Maboqueiro fields, in Angola, will start in 2026 with a production of 330 million standard cubic feet per day (mmscf/day), after the Final Investment Decision, announced today by the consortium. "The National Agency of Oil, Gas and Biofuels, Eni and the partners of the New Consortium of...
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AURA and Mossuril district sign agreement for water supply
Autoridade Reguladora de Água (AURA), represented by Suzana Saranga Loforte, and the district of Mossuril by its administrator, Rui Chong, signed the agreement for regulation of the water supply and sanitation service. This partnership aims to create conditions for the economic and financial sustainability of water supply and sanitation service providers in the...
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TSU with an impact of 9.2 billion Meticais in the first six months
The Ministry of Economy and Finance said yesterday that the implementation of the Single Wage Table (TSU) will have a budget impact of 9.2 billion meticais in the first six months. According to the Deputy Minister of Economy and Finance, Carla Alexandra, who was speaking to the media after the weekly meeting of the Council of Ministers at the Presidency...
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PR visits Zambezia province
The President of the Republic, Filipe Nyusi, will carry out, from Wednesday, a working visit to Zambezia province, indicates a statement from the Presidency to which we had access. During the visit, according to the communiqué, the Head of State will visit the districts of Namacurra, Mocuba and Milange, where he will inaugurate socio-economic enterprises. According to the communiqué in...
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Xiquitsi presents 2nd Concert Series of the Classical Music Season 2022
The sound of the piano in the hands of Alena Bravo crossed with the voice of the young Portuguese tenor José de Eça to start the second series of concerts of the classical music season 2022, in charge of the Xiquitsi project. To the rhythm of "Parlame d'amore Mariú" by Vittorio de Sicca, the duet gave life and light to...
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Angola earns USD 11.8 billion from oil exports in the second quarter of this year
Angola earned US$11.8 billion in the second quarter of this year, with the export of 103.6 million barrels of crude oil, up 75.5% compared to the same period of 2021, according to official figures cited by Lusa. The data are in the Balance of Crude Oil and Natural Gas Exports for the second quarter of...
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Mozambicans convicted in South Africa of human trafficking
A court in South Africa has convicted two Mozambicans in a case of trafficking 39 people from Mozambique, including nine children under the age of 5, South African authorities announced today. "The two brothers [...] were found guilty and convicted by the Belfast Magistrates' Court on Friday, July 22, 2022, of violating the...