Author: Salvador Baloi (Salvador Baloi)

Cabo Delgado: Habitantes temem que terroristas se aproximem de Pemba
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Cabo Delgado: Residents fear terrorists approaching Pemba

Attacks in Ancuabe district sound the alarm. Population is fleeing. Citizens are walking along the National Road 1 with bundles on their heads in search of refuge. In the last days, two people were killed in the village of Muaguide, in a graffiti exploitation company. The situation has caused panic in nearby villages, including in the locality of Sunate, also...

Standard Bank empurra projecto de gás do Rovuma para 2023, se houver segurança
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Standard Bank pushes Rovuma gas project to 2023 if security

Standard Bank predicts that the Totalenergies-led liquefied natural gas (LNG) project in Cabo Delgado, northern Mozambique, will only resume in 2023 if security is in place. "The latest terrorist attacks in Cabo Delgado may lead Totalenergies to a further delay in the construction of the Afungi LNG venture," reads the...

Vilankulo vai acolher Mozambique Fashion Week para casar moda e biodiversidade
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Vilankulo to host Mozambique Fashion Week to marry fashion and biodiversity

The Mozambique Fashion Week (MFW), the largest fashion festival in the country, will happen for the first time in Vilankulo district, Inhambane province, where several stakeholders of the sector will discuss fashion and biodiversity. For the materialization of this intention, Vasco Rocha, director of BDD, MFW organizer company, and Galiza Matos Jr., administrator of Vilankulo, signed this Monday, the...

Moedas digitais caem após ‘banco’ de criptomoedas suspender levantamentos
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Digital currencies fall after cryptocurrency 'bank' suspends withdrawals

The price of bitcoin and other cryptocurrencies suffered a significant drop on Monday after a cryptocurrency 'bank' suspended transfers and withdrawals from the platform, citing "extreme market conditions." It is the latest collapse of a pillar of the cryptocurrency industry, with several episodes causing substantial losses of investors' assets, generating...

Inflação em Moçambique atinge valor mais alto em quatro anos
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Inflation in Mozambique reaches four-year high

Year-on-year inflation in Mozambique was 9.31% in May, the highest value of the last four years and seven months, setting a new high for the period, as had already happened in April, the National Statistics Institute (INE) announced yesterday. In April it had been 7.91 PT2T and rose 141 basis points in May, according to...