The Government of Japan on Friday offered machinery for the safe management of solid waste at the Hulene dump, the country's largest and where 16 people were buried in February 2018. "With the receipt of this equipment, we are now better positioned to ensure the operation of the Hulene dump safely and...
Thursday's interest rate hike by the European Central Bank will make it even more difficult for African and other emerging market countries to finance themselves, several analysts said, suggesting alternative sources of funding. "The perfect storm of inflationary pressures, aggressive monetary policy by central banks, combined with a deepening Russia/Ukraine crisis,...
The Portuguese Tax Authority (AT) launched on Friday a campaign to regulate Value Added Tax (VAT) invoicing at a national level. The campaign aims to verify, through door-to-door inspection, compliance with Article 27 of the VAT Code (relating to the obligation to issue invoices or equivalent documents for each transmission...
Standard Bank will remain barred from participating in the interbank foreign exchange market for another year, 12 months after the Bank of Mozambique (BM) suspended the institution in this type of operations for "serious offenses". "The decision stems from the fact that the central bank found, during its monitoring of that financial institution since July...
The President of the Republic, Filipe Nyusi, determined, through a Presidential Decree, the review of the composition and operation of the Air Safety and Facilitation Commission. This is an interministerial body for coordination, promotion and establishment of the conditions of facilitation and aviation security, indicates a statement received by our editorial office. The Air Safety and Facilitation Commission...
Natural gas from Cabo Delgado, in northern Mozambique, is on the European Union's map as an alternative energy source to deal with the constraints arising from the armed conflict in the east of the continent, which began on 24 February. "Mozambique's gas, with the presence of large European multinational companies, now has a value even...
The High Court of Appeal of Maputo City, Achirafo Aboobacar, revealed that there was sabotage in the process of the former Commercial Bank of Mozambique (BCM), now Millennium Bim, 19 years after its conclusion. Relevant pages of the process had been stolen and destroyed by presumed citizens belonging to the circuit of organized crime, the...
The National Association of Young Entrepreneurs of Mozambique (ANJE) launched this week the IX National Entrepreneurship Conference in order to identify mechanisms for the internationalization of business, but also to seek funding for at least twenty business projects of young entrepreneurs. Speaking at the conference launch, Mara Cancune, vice president of ANJE, said that the...
The International Institute for Democracy and Electoral Assistance (IDEA) estimates that the implementation of an electoral risk monitoring and management system in Mozambique will cost more than five million meticais. The proposal to create such a system arises in order to predict and prevent the occurrence of natural calamities during the entire electoral period,...
China's search systems giant, Baidu Inc, today unveiled its new autonomous vehicle (VA) with a removable steering wheel, and if you prefer, no steering wheel, and is with plans to put it into use for its robot cab service, in China, next year. The company has not revealed the manufacturer for the new model. O...