Mozambique has complied with the recommendation of the International Telecommunications Union (ITU), to switch off the analog signal for the digital one, a step that should have been taken in 2015, which was not possible for financial and structural reasons. Thus, the digital migration process has just been completed in the country, with the switch-off, on 31...
Author: Salvador Baloi (Salvador Baloi)
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Oil remains indifferent after OPEC meeting decision
Oil trailed slightly higher after Reuters announced that OPEC+ decided to maintain its current production increase of 400,000 barrels per day, but the gains were quickly erased. Statements from yesterday's technical meeting showed that the cartel does not see a big impact from the Omicron variant, as...
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Economic agents cautious about 2022 due to pandemic and terrorism
For the national economic agents the year 2022 is still uncertain, since the last two years were of little work for this class. For this reason, they are expectant about the 2.9% economic growth perspectives presented by the Government. The Executive understands that this year's growth improvement will be possible, among others,...
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31 million meticals invested in the expansion of the electricity grid in Gaza
Mozambique's electricity company, EDM (Electricidade de Moçambique) said Tuesday it had invested 31 million meticals in expanding the electricity grid to the administrative post of Messano, in Gaza province. According to a note from EDM, cited by Lusa, the Messano electrification project began in September and was completed in the last week of...
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Poland could be the first country in the world to raise interest rates in 2022
Poland's central bank is expected to be the first to raise interest rates in 2022. According to Bloomberg analysts, there is no doubt that after sharply revising its inflation projections upward, this Tuesday the institution will decide on an increase in key interest rates. Of the 17 economists consulted by Bloomberg, 15 expect a...
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January 4, 2022January 4, 2022Technology & Innovation
Apple becomes the first company to be worth $3 billion
Apple started 2022 on the right foot and became this Monday the first company to reach a market capitalization of $3 trillion. In the first session of the year, the share price reached $182.86 per share, a price that values the tech company at $3 trillion, with investors confident that it will...
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Maputo and Incomati River flows record alert levels
The Maputo and Incomati rivers flows, in the southern part of the country, is registering a significant increase in recent days, a fact that is putting in alert the riverside communities. According to the National Directorate of Water Resources Management, the population should observe precautionary measures, avoiding approaching the low areas of those rivers...
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SADC to decide this month on extending the military mission in Cabo Delgado
Mozambique is waiting with expectation the decision that will come out of the meeting of the Troika of the Southern African Development Community (SADC) on the military contingent of this regional organization established in Cabo Delgado. At a time when terrorism is spreading to other provinces, especially Niassa, the meeting of the body of cooperation in the areas of Politics, Defense...
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President of the Republic and wife test positive for Covid-19
The President of the Republic, Filipe Nyusi and wife, Isaura Nyusi, tested positive for covid-19, indicates a press release issued by the Presidency of the Republic. According to the document, the Head of State underwent rapid tests whose result was positive. Even being asymptomatic, Filipe Nyusi and his wife are in isolation. Meanwhile, the President ...
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Stock market starts New Year with high opening
The three main Wall Street indexes opened the first session of the year in the green. The optimism, which has been reigning also this Monday in Europe, comes after the main North American stock markets have closed 2021 registering the third consecutive year of gains. Although usually the New York stock market is not...