African countries could benefit from $4 billion recently approved by the African Export-Import Bank (Afreximbank) to deal with the impacts of the Russian-Ukrainian war. "The trade finance program for Africa's adjustment to the Ukraine crisis (UKAFPA) aims to adjust the cost of financing to help countries...
Author: Leonor Manjate (Leonor Manjate)
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Hidden Debts: asset seizure session starts today
The session to debate the request of the Public Ministry on the seizure of assets of the 19 defendants in the main case of Hidden Debts is scheduled to start at 10am today. The session, which is already going on, was postponed twice, and will take place after the High Court of Appeal of Maputo decided...
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Ukraine's PR speaks at Portugal's Parliament. Propaganda?
The President of the People's Republic of Ukraine, Volodymyr Zelensky, accepted the invitation to speak in the Portuguese Parliament. The request was made by the Portuguese President, Marcelo Rebelo de Sousa, in coordination with the President of the Assembly of the Republic, Augusto Santos Silva. The revelation was made by Augusto Santos Silva who will have received the confirmation through the...
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More tolls are coming on Mozambique's roads. The film continues...
The Road Fund (FE) is working to install more tolls on Mozambican roads, in a plan integrated in the Self-Supported Road Maintenance Program (PROASME), according to the Mozambican daily "Notícias". The FE continues to make efforts to obtain funding for road rehabilitation and identify new sections to build...
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Chelsea FC owner bought soccer club in Turkey. True or not?
The Russian tycoon Roman Abramovich has reportedly moved last week to buy the Turkish first division soccer club Goztepe, since he is a refugee in Turkey, where he intends to build his new home in the city of Izmir. The information was spread by national and international media quoting Turkish organs. They said these...
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CSMJ expels law judges and justice officials for corruption
The Superior Council for the Judiciary (CSMJ) expelled six law judges and eight justice officials assigned to different courts in the country for alleged practices of corruption and other transgressions. The president of the Mozambican Judges Association, judge Carlos Mondlane, said that as many other judges and justice officials were sanctioned with different...
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Encouraging news on oil prices. Fuels may go down
The price of Brent oil was trading for less than a hundred dollars, or rather at $98 per barrel (dpb) as early as mid-afternoon this Monday. The Brent oil index had not dropped below one hundred dollars since last March 16, after two strong peaks since the beginning of the invasion of the...
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Public and private carriers adopt single fare. No more bonuses...
The Metropolitan Transportation Agency (AMT) adopted a single fare for public and private companies providing passenger transportation services in January of this year. The practice of subsidized fares still continues, but with the arrival of the 80 gas-powered buses this will end. For users, this measure takes away the benefits...
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Portuguese Embassy supports youth training in Cabo Delgado
The Portuguese embassy in Mozambique will ensure training for over 200 young people in the province of Cabo Delgado, under the +Emprego initiative, launched two years ago. The initiative aims to create job opportunities and income generation for young victims of terrorism in that province. A note from the Portuguese diplomatic representation in Mozambique,...
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The Tax Authority collects more revenue than expected
The Tax Authority collected about 114 million meticais in tax revenues from internal and external taxes, between January and February, in Niassa province. The newspaper "Notícias" reports that 11 million meticais are more than the target of 103 million meticais of public revenue collection for the period in reference....