The wave of good results continues at Nedbank Moçambique. The financial institution "fattened" 19%, to 402 million Meticais compared to the 338 million Meticais recorded in June 2022. The Chairman of the Executive Committee of Nedbank Moçambique, Joel Rodrigues, speaks of a trend of continuity in recent results...
Author: Valdo Mlhongo (Valdo Mlhongo)
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Turning dreams into reality
Allen Macuácua started his business at the age of 12. Today, while still in his prime, he runs First Education, a platform whose ultimate goal is to help students realize their dream of studying abroad. It was out of a need to solve a problem in Mozambican society that Allen Macuácua decided to create First Education, a platform...
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Nália Agostinho launches "Interludes of Life" in Madrid
"Interludes of Life" is the title of the newest exhibition by artist Nália Agostinho, recently launched in Madrid, Spain, where she is currently "staying". The exhibition is made up of 27 works that were made over a period of one year, and portray a very difficult period in the young artist's life, marked by "loves", but...
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BVM has financed the economy to the tune of over $4 billion
The President of the Mozambique Stock Exchange (BVM), Salim Valá, announced yesterday that the institution he heads has already financed the economy to the tune of just over 4 billion dollars (278 billion meticais) over the two and a half decades of its existence. Salim Valá, who was speaking yesterday morning,...
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International organization calls for investigation into Azagaia's funeral procession
Human Rights Watch (HRW), an international human rights organization, yesterday called for an investigation into the use of tear gas by Mozambican police during the funeral procession of rapper Azagaia last Tuesday in Maputo. "The Mozambican authorities must quickly and impartially investigate the use of tear gas by the police at the funeral procession of...
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Mozambique and Brazil sign an agreement for cooperation in the agricultural sector
The Brazilian Chamber of Commerce and the Mozambican Chamber of Commerce signed a cooperation agreement in the agricultural sector a few days ago in Maputo, with the aim of transferring technology from Brazil to Mozambique for the development of agriculture. Hipólito Hamela, economic advisor to the Mozambican Chamber of Commerce, said that in addition to...
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"Macroeconomic environment of 2022 has tended to stagnate" - CTA
The Confederation of Economic Associations of Mozambique (CTA) said that the macroeconomic environment throughout 2022 showed a trend towards stagnation. "This trend was determined by the rise in interest rates, which led the financial system's prime rate to reach 22.6% this December. In other words, in 2022 it became more expensive to...
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The largest housing and ecological project within the greater Maputo area is coming
Yesterday morning in Maputo, at the Joaquim Chissano Conference Center, the launch of the largest housing and ecological project for Maputo province, called UXENE Smart City, was announced. This is an ambitious urban development project that has never been seen before at national level, and is located along the Greater Maputo ring road....
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The art of good hand and foot care
Anna Sousa decided to leave a "safe" job to invest in an area that has always been her true passion. Today, with three years in the market, Executive Nails is a reference brand when it comes to "hands and feet" treatment. In the prolongation of Avenida Marginal, for those who are heading downtown,...
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"Mozambique is the most profitable market for Transitex
Transitex is one of the largest logistics companies in Mozambique. And year after year it has been growing. If in 2016 it had a turnover of 600 million meticais, Tiago Martins, leader of the operation in Mozambique, reveals that this year it will reach one billion and two hundred million meticais, which represents a...