Author: Salvador Baloi (Salvador Baloi)

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Illegal miner dies after collapsing mine in Montepuez

Montepuez Ruby Mining (MRM), in Cabo Delgado, announced today the death of an illegal miner died after the collapse of a mine in its concession area. According to a statement issued by MRM, the man died while illegally exploiting an artisanal mine, at 04:00, along with three other garimpeiros, one of them only...

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Oil returns to gains on prospect of fewer stocks

"Black gold" prices returned to gains this Tuesday, buoyed by the prospect of a tightening of inventories around the world. Still, forecasts of an increase in global production in the coming months and fears surrounding the rise of covid cases in Europe are holding back further momentum from the...

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Government confiscates a ton of crab and fish caught in closed season

The national surveillance authorities have just seized more than a ton of crab and dried fish, products caught during the current closed season. According to the head of the inspection sector of the Provincial Services of Economic Activities in Zambezia, Augusto Dongo, the seizure occurred this Monday, after denunciations made by popular on the Zalala Beach. For such, that ...

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Government has funds for National Vaccination Plan

The National Director of Planning and Budget at the Ministry of Economy and Finance has made it known that government partners have been securing more support for the implementation of this plan. According to Momed Piaraly, the state still has money to continue implementing the National Vaccination Plan against Covid-19, which runs throughout the...

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Government wants to create a single table to display the remuneration of State employees and agents

The Minister of Economy and Finance said this Monday that the government wants to harmonize the display of salaries of employees and agents of the state and other public servants taking into account the specific careers. According to Adriano Maleiane, who was speaking this Monday in the Parliamentary Committee around the proposed laws that define the Rules and...

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ADB provides 2.5M$ for SME development in Mozambique

The African Development Bank (ADB) has just announced a funding of 2.5 million dollars, aimed at the development of Small and Medium Enterprises (SMEs), focusing on women led businesses in the natural resources sector in Mozambique. This is a support channeled to the Institute for the Promotion of Small and Medium Enterprises (IPEME) from the...

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China to approve first covid-19 drug in December

China has assured that it will approve next month the first drug against covid-19 developed by a Chinese pharmaceutical company. The drug is based on the use of monoclonal antibodies, capable of neutralizing the virus. According to Chinese state media, the treatment is the result of joint research between Tsinghua University, the People's Hospital...