Swiss reinsurer Swiss Re, estimates that the costs of natural disasters recorded in 2021 will amount to about 221 billion euros, an increase of 24% compared to 2020. According to a first estimate released this Tuesday, the insurers' bill is estimated at €92.7 billion, an increase of 17%...
Author: Salvador Baloi (Salvador Baloi)
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December 14, 2021December 15, 2021Living
Applications for the Fernando Couto Literary Prize are now open
Applications for the Fernando Leite Couto Literary Award were opened on Tuesday. This is an award that takes place in tribute to the patron of the Fernando Couto Foundation, and that from this year will have the partnership of Camões - Portuguese Cultural Center in Maputo. According to the organizers, this edition will reward the best work...
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USAID Strengthens Youth Employability Skills in the Country
The United States Agency for International Development (USAID) recently launched a higher education career development program in Maputo and Manica Provinces. This is a collaborative initiative between Michigan State University, Eduardo Mondlane University, Instituto Superior Politécnico de Manica, and Púngue University. Through this USAID initiative,...
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"The Montepuez-Ruaça section will generate new stimulus to the economy of the northern region of the country"
The government considers that the Montepuez/Ruaça road, connecting Cabo Delgado and Niassa, inaugurated this Monday, will generate a positive impact on the economy, not only of the two provinces, but also of the entire northern region of the country. According to the President of the Republic, Filipe Nyusi, the road gives real meaning to the project of operationalizing the road corridor...
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Financing for construction of Mphanda Nkuwa dam only in late 2024
The financial closing for the construction of the Mphanda Nkuwa dam is scheduled for the end of 2024, giving immediate start to the works that will last six years. The undertaking is estimated to cost around five billion dollars and will have the capacity to generate 1500 Megawatts. In effect, the city of Maputo hosted this Monday...
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December 14, 2021December 14, 2021Economy
Government guarantees to mobilize funds for Mphanda Nkuwa Dam power transmission line
The Government assured this Monday that it will, through the companies that represent it in the GMNK, namely HCB and EDM, mobilize financing for the construction of a power transmission line, with an extension of about 1300 kilometers, in the scope of the Phanda Nkuwa hydroelectric dam construction project. The project of...
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December 14, 2021December 14, 2021Technology & Innovation
Meet the environmentally friendly floating luxury house
A Miami-based company has just created a new housing concept that brings together features of a yacht, a floating house, and a luxury home - the habitable yacht. According to Arkup, the house was built to be "future-proof," and developed to withstand extreme weather events, as...
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Ghana moves to sanction airlines with passengers without full vaccinations
The government of Ghana said Monday that it will fine airlines that arrive at the Kotoka International Airport in the capital Accra with passengers who are not fully vaccinated against covid-19. According to officials at the country's largest airport, "airlines bringing passengers to the Kotoka International Airport who are not...
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Businessmen want tax measures to improve competitiveness
The Mozambican business sector advocates the adoption of tax measures to make the country more competitive and a preferred destination for foreign investment. According to the vice-president for Industry and Agro-Food at the Confederation of Associations of Mozambique (CTA), Fernando Oliveira, tax competitiveness is today a determining factor in the choice of destination of foreign investment...
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Tete foresees five thousand jobs with the Mphanda Nkuwa project
The governor of Tete province, Domingos Viola, who was speaking to journalists on Monday in Maputo said that the Mphanda Nkuwa dam development project will create at least 5,000 jobs in this initial phase alone. According to the governor, at this moment the province is facing serious unemployment problems. "We estimate that