The Government approved the Decree defining management mechanisms of the Social Economic Plan and State Budget for 2022, and attributing powers to the holders of the State Organs and Institutions to make budget alterations. It is a decree that aims to operationalize the activities foreseen in the law that approves the Social Economic Plan and Budget...
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Fuel prices may already go up in February, says AMEPETROL
The Mozambican Association of Oil Companies (AMEPETROL) warned on Tuesday about the possible rise in fuel prices in Mozambique, starting in February, as national reserves will only allow for maintaining stable supplies until that period. The association justifies the measure with the rise in the price of oil in...
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Covid-19. PR delivers an address to the nation today
The President of the Republic, Filipe Jacinto Nyusi, will speak today at 7pm at the Office of the Presidency of the Republic, a communication to the Nation under the State of Public Calamity. The announcement is made in the context of the current situation of the Covid-19 pandemic in the country, according to a note from the Presidency of the Republic.
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Low pressure system with the potential to develop into a cyclone in the Indian Ocean
The low pressure system formed east of Madagascar still has the potential to evolve on Saturday to the stage of a tropical cyclone. The National Institute of Meteorology (INAM), which monitors the phenomenon, says it is still premature to assess whether or not the phenomenon will affect Mozambique. According to a note issued by INAM, the system...
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January 19, 2022January 19, 2022Latest, Agriculture, National
More than 7500 families could go hungry in Maputo province due to flooding
More than 7500 peasant families in Maputo province may be facing starvation following the flooding of their cultivation areas. More than 11,000 hectares of various crops are currently submerged due to the discharges of the Pequenos Libombos dam, and the rise in the flows of the Maputo,...
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January 19, 2022January 19, 2022Latest, National, Technology & Innovation
Tesla buys graphite from Mozambique and leaves China adrift
Tesla has signed an agreement with Australian company Syrah Resources to start using graphite from Mozambique which contains a key component to use in the batteries of its electric cars. Some analysts believe that this agreement is also aimed at reducing Tesla's dependence on China when it comes to the acquisition of...
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Court orders a fine of 50 thousand meticais and Alexandre Chivale's arrest
The VI Section of the Judicial Court of Maputo City has just issued a warrant of search and arrest against the lawyer Alexandre Chivale and a fine of 50 thousand Meticals for his clear evasion of receiving the court notification to appear freely and spontaneously to testify as declarant...
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Former Standard Bank CEO ordered to pay 1,2 million meticais
The former Managing Director of Standard Bank Mozambique, Chuma Nwokocha, was sentenced by the Maputo City Police Court, 5th Section, to the main penalty under which he must pay 1.2 million meticais for authorizing the installation and operation of a replica of its Data Processing Center without the consent of the Bank of...
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Sea Terminal Fraud with Senior Customs Officials Involved
"Senior" officials from Mozambique Customs were arrested Monday on suspicion of participating in the embezzlement of US$18.6 million at the Maputo International Maritime Terminal. The Attorney General's Office (PGR) says it learned of the mega fraud scheme through "a complaint of the issuance of an exemption of customs charges budgeted at 18.6...
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Absa reopens Mueda branch one year later
Absa Bank Mozambique reopened today the branch in Mueda district, Cabo Delgado province, which was closed for over a year due to the instability that has conditioned the normal exercise of the banking activity. Pedro Carvalho, Retail and Business banking director, said that for Absa it is a satisfaction to be able to continue...