The United States of America (USA) has pledged financial support to a group of countries, including Mozambique, to manage armed conflicts, according to a press release from the American Embassy in Maputo, cited by daily newspaper Notícias. According to the note, the announcement by the American President, Joe Biden, is part of a new American strategy to be...
Author: Leonor Manjate (Leonor Manjate)
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April 4, 2022April 4, 2022Latest, Market Announcements, National, Social Responsibility
Absa supports the new season of Classical Music - Xiquitsi
Last March 24th took place the opening concert of the classical music season of the Xiquitsi 2022 group. Absa Bank Mozambique, as part of its citizenship strategy, has supported the Xiquitsi Project, an initiative that aims to develop culture through classical music, providing opportunities for children and adolescents in...
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Moza Banco consolidates main economic and financial indicators
Despite the markedly challenging context, Moza Banco continued in 2021 focused on the improvement and consolidation of its main economic and financial indicators. This is the understanding of the Shareholders of Moza Banco after the Session of the Ordinary General Assembly, that took place this Thursday, March 31st, a meeting in which was appraised and approved the...
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Angolan plane en route to Lisbon diverted mid-flight
A Linhas Aéreas de Angola (TAAG) plane bound for Lisbon from Luanda was diverted to Seville airport today due to a fault affecting a radar at Lisbon airport. "NAV Portugal registered today, late in the morning, at 05:41, a failure in the air traffic management system that...
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Hidden Debts: Efigénio Baptista continues to lead the process of seizure of assets
The main judge in the Hidden Debts trial, Efigénio Baptista, will continue to debate the application for preventive seizure of assets of the 19 defendants in the main case, by order of the Maputo High Court of Appeal, according to RTP citing a judicial source. In this regard, the Maputo High Court of Appeal rejected the...
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Mozambican at Atlético Madrid is worth 5 million euros
The Mozambican player Reinildo Mandava representing Atlético de Madrid in Spain saw his market value rise by another 50% on Monday (21) March. Since he arrived at the Spanish club he has been proving to be a fundamental piece in the defense. Mandava has played every game and won the titularity among the "colchoneros". He is always present...
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Poor Mozambican families will become poorer - Fews network
The Hunger Early Warning Network (Fews network) warns that the poverty situation of Mozambican families already living in a situation of penury is worsening. This trend is caused by the recent rise in fuel prices, as a result of the increase in crude oil prices in the international market. "The increase of 12%...
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There will be hunger in Mozambique - Fews Network
The Famine Early Warning Network (Fews network) is warning of falling production in the current agricultural campaign in Mozambique, compared to previous years, due to adverse weather conditions. "Overall, national production is expected to be lower than last year and to be below the five-year average, following the multiple shocks to the...
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April 1, 2022April 4, 2022Latest, Market Announcements, National, Living
Kulungwana Gallery hosts the exhibition "Growing Collection 2022
The opening of the group exhibition "Growing Collection 2022" and the ceremony of the "Best Future Awards" will take place on March 31st, at 5pm, at the Kulungwana Gallery, located at CFM Station. This continues to be one of the most popular initiatives held in the country, attended by a large number of artists. The exhibition...
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EDM has over USD 100 million in the hands of major clients
The Director of electrification and projects of Electricidade de Moçambique (EDM), Joaquim Ou-Chim, confirmed Tuesday that the Mozambican state and its companies and private companies owe US$98.4 million in unpaid energy bills last year alone. The official was speaking during the visit of the Parliament's Planning and Budget Committee,...