Author: Salvador Baloi (Salvador Baloi)

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Government defends the creation of associations to involve communities in the exploitation of resources

The director of Internal Control Services of the General Inspection of the Ministry of Mineral Resources and Energy (MIREME), Fernando Maquele, defends the creation of associations and cooperatives to ensure the involvement of communities in the process of exploitation of mineral resources in the country. According to the responsible, this measure may also guarantee the sustainable exploration of the existing resources...

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CTA guarantees the integration of 100 DDR beneficiaries in private security companies

The President of the Confederation of Mozambique Economic Associations (CTA), Agostinho Vuma, revealed this week that about 100 beneficiaries of the Demobilization, Disarmament and Reintegration (DDR) process will be integrated in private security companies. The initiative comes under the mechanisms of private sector participation in the economic and social reintegration of the demobilized in the...

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Mozambique wants to continue to serve as a strategic hub for border trade with Malawi

Mozambique intends to continue to be a strategic axis of reciprocal linkage of Malawi's economy in trade facilitation and simplified and integrated border flow. According to the President of the Republic, Filipe Nyusi, who was speaking on Monday in the city of Lilongwe (Malawi), during the launch of the fifth week of industrialization of SADC, the claim of Mozambique...

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Gold and euro extend falls while dollar gains strength

Gold started off lower on Monday, still digesting the statements of several members of the US Federal Reserve (Fed), according to which the withdrawal of stimulus should be faster. Adding to this, Christopher Wallace, senior auditor at the Fed in St. Louis, stated that the central bank should raise interest rates due...

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Some companies continue to violate labor rights

Government considers that there are companies that continue to violate labor rights in the country. Data from the General Inspection of Labor, from January to September of this year, indicate that more than 15 800 infractions were detected, in about 700 institutions. For the Minister of Labor and Social Security, Margarida Talapa, these infractions are associated to the lack of...

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Mozambique mobilizes countries in the region to mobilize funds for climate resilience

Mozambique urges the other countries of the Southern African Development Community (SADC) to prepare cross-border projects and mobilize funds for increasing climate resilience in the basins of shared rivers. According to the Minister of Public Works, Housing and Water Resources, Osvaldo Machatine, who was speaking a few days ago in Eswatini at the signing of the agreements...

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Government turns post-cyclone reconstruction fund into endowment

The Minister of Public Works, Housing and Water Resources, Joao Machatine, recently revealed the transformation into a donation of the 15 million dollar financing line aimed at supporting micro, small and medium enterprises (MSMEs), affected by cyclones Idai and Kenneth in the central region. According to Joao Machatine, who was speaking during the delivery of 90 houses, a...