The Centre for Public Integrity (CIP) says there is an undervaluation of the buildings of the now defunct state-owned company Correios de Moçambique and proposes an urgent reassessment of the mobile and real estate assets of the company. The CIP report on public finances "Buildings of Correios de Moçambique cost 805 thousand meticais each?", published on 24...
Post
"Gasoline prices could be higher," says Adriano Maleiane
The Minister of Economy and Finance, Adriano Maleiane, said on Thursday that the price of gasoline in Mozambique could be higher, seven meticais above the current price. Maleiane was speaking during a session in Parliament, and explained that the increase was not higher because it is necessary "to do things in a way...
Post
Netherlands and Italy donate 352 million meticais for water management
The Kingdom of the Netherlands, Italy and the Mozambican Government signed three agreements that foresee the provision, by art of the European countries, of about 325 million meticais for programs of sustainable management of water, sanitation and hygiene. The memorandums were signed by the Ministry of Public Works, Housing and Water Resources (MOPHRH), the...
Post
"Cost of living in Mozambique tends to get worse," says OTM
The cost of living in the country is getting worse every day. The basic food basket defined by the Organization of Mozambican Workers (OTM-Central Union) costs 19 thousand meticais, while the minimum wage is only 4 691 meticais
Post
Mozambique and Zimbabwe Unite to Share Water Resources Management
Mozambique and Zimbabwe will now share the management of water resources and associated ecosystems of the Buzi, Púnguè and Save basins. To this end, an agreement was signed on Wednesday morning, called the Project for the Management of Competitive Uses of Water and Associated Ecosystems in the Búzi, Púnguè and Save Basins (GEF BUPUSA Project
Post
Covid-19: Civil Society sees new measures as having "strong potential to revive" the economy
The non-governmental organization (NGO) Institute for Multiparty Democracy defended this Wednesday that the new measures against covid-19 in force in Mozambique have a "strong potential to revive" the country's economy, towards the "consolidation of the new normal"
Post
Bridge over the Búzi River may be inaugurated in December
The coordinator of the Buzi bridge project, André Vilanculos, guaranteed that the infrastructure will be operational in December, since the works are at a good pace, already 85% ahead of schedule. This is the bridge that connects Guara-Guara and Bândua, on the Tica-Búzi-Nova-Sofala road, and will be 700 meters long. Vilanculos was speaking during a visit...
Post
WB donates USD 150M to Mozambique for governance and digital economy
The World Bank (WB) announced Wednesday that it will donate $150 million to Mozambique's Digital Economy and Governance Project (EDGE). The purpose is to facilitate access "to civil identification, digital public services and improve digital business opportunities." The WB underpins this support by the fact that more than half...
Post
October 27, 2021October 27, 2021Latest, National, Social Responsibility, Living
MRM supports displaced people in Cabo Delgado
Montepuez Ruby Mining (MRM) recently offered a basket of various products to people displaced in the village of Nanjua, an administrative post in Mesa, Ancuabe district in Cabo Delgado, due to terrorist attacks by Islamic groups. To these families MRM offered one thousand sheets of zinc. The mining company also offered two thousand blankets and...
Post
Hidden Debts: 'Credit Suisse won't get away with charges so soon'
Credit Suisse recently agreed with authorities in the United States of America and the United Kingdom to pay the Mozambican state $475 million for its involvement in the "Hidden Debts" case, but that does not alleviate its dose of guilt. According to a report, the Swiss bank is still embroiled in a pile of...