Oil prices, considered "black gold" are still in positive territory, recovering from the fall triggered yesterday by fears about rising inflation in the US. The West Texas Intermediate (WTI), "benchmark" for the United States, for December delivery adds 0.74% to 81.94 dollars a barrel. The December contract for Brent...
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Animal health control provides an increase in the cattle herd in northern Gaza
The northern region of Gaza province, especially the district of Mapai has been observing an increase of the bovine herd thanks to the regular vaccination of the animals against foot-and-mouth disease, anthrax and anthrax, which frees them from several diseases. In the last two years, according to the Director of the District Service of Economic Activities...
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November 11, 2021November 11, 2021Social Responsibility
China announces support for the Merry Christmas initiative
The government of China announced on Tuesday, a support to the country of nearly two million meticals to the "Solidary Christmas" initiative for disadvantaged children. This is an initiative organized by the Office of the First Lady of Mozambique, which aims to provide a decent Christmas to several children in vulnerable situations in the country. Isaura Nyusi praised the support...
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Government approves maritime spatial plan
The Council of Ministers approved this Tuesday the National Maritime Spatial Management Plan (POEM), aiming to promote sustainable, rational and efficient economic exploitation of the sea, marine resources and ecosystem services. According to the spokesperson of the body, Filimão Suaze, the plan also aims to ensure the sustainability of the various uses and...
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FIPAG seeks funds to extend water supply network in Greater Maputo
The Water Supply Investment and Property Fund (FIPAG), is mobilizing funds to expand the water supply network in the Greater Maputo Metropolitan Region. The goal is to increase from the current 67% of coverage to 95% by 2030. Through this investment, FIPAG intends to increase production capacity by 60...
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Mozambique says it is prepared to enter the Kimberley process of diamond sales
The Mozambican government ensures it is prepared to enter the international diamond sales market. The executive director of the Kimberley Process Management Unit, Castro Elias, assured this Wednesday that the government has met all the internationally required requirements for exporting diamonds, showing confidence in the country's admission into the club of states that...
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Rain displaces more than 100 families in Sofala
More than 100 families from the districts of Chemba, Caia and Marromeu, in the province of Sofala are displaced due to heavy rain that fell in just one day. According to the National Institute for Disaster Risk Management (INGD), the rainfall reached almost 150 millimeters and left some roads cut off. "Just over 3,700 people are...
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Government wants greater oversight of the mining sector
The government wants greater supervision and control of the mining area, in order to respond to the growth that the industry and the energy sector have been witnessing in recent years. According to the Permanent Secretary of the Ministry of Mineral Resources and Energy, Teodoro Cândido, who was speaking this Tuesday at the opening of the III National Council of Inspectors, the growth of...
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Inflation in the United States is at its highest since November 1990
The US Department of Labor, said this Wednesday, inflation in the United States reached in October the highest value since November 1990. According to data released by the department, the consumer price index accelerated to 6.2% from the same period last year, above forecasts of 5.8%. The data points out that after...
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Oxford Economics revises national inflation upward to over 5.3%
Inflation in Mozambique is expected to be above 5.3% this year, according to forecasts from consultancy Oxford Economics Africa. In a note released this Wednesday, the consultancy justifies this forecast by pointing to the increase in fuel prices, advancing a possible increase in interest rates by the bank of Mozambique. "Inflation was 5.3% this year,...