Mozambique continues to ensure that it meets its targets in revenue collection for state coffers despite the constraints imposed by the covid-19 pandemic
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"New loan to bank for public safety has legal cover"
The Ministry of Economy and Finance clarified this Wednesday that the loan of 88.7 million dollars, concluded with South Korea's Exim Bank for public security, is legally covered
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September 30, 2021October 1, 2021Latest, National, Social Responsibility
Mozambique receives 110,000 doses of vaccine donated by Portugal
Mozambique received this Wednesday, from the Portuguese government, a total of 110 thousand doses of vaccine against covid-19 accompanied by material to enable its administration
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Inaugurated the chicken production complex
With an investment of 640 million meticais, the enterprise will have 12 pavilions, each one with capacity to house 56 thousand chicks in each cycle, with a production of 5 million chickens per year. The inauguration of the factory unit, located in Namaacha, Maputo province, was witnessed by the Minister of Agriculture...
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SMEs lose 42M Meticais due to attacks in Cabo Delgado
The armed violence in Cabo Delgado has damaged the micro, small and medium enterprises (SMEs) sector in the province by about 42 million meticais, said Tuesday the Minister of Industry and Trade, Carlos Mesquita. Not only businesses have added up to losses. Since October 2017, armed attacks have caused the destruction of hundreds of...
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IMF rejects request for debt sustainability analysis
The International Monetary Fund (IMF) on Tuesday rejected Mozambique's request that the debt incurred by issuing specific bonds to countries in military conflict should not count towards debt ratios. According to the director of the IMF African department, quoted by Lusa, "if the instrument creates debt and risk, it has...
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Government approves revision of the electricity law
The Council of Ministers approved this Tuesday the revision of the electricity law to adapt it to new challenges, aiming to make room for the adoption of "all kinds of energy sources" to achieve universal access in the country
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Government may back off on relief from some covid-19 prevention measures
The government may backtrack on the decision to ease some of the covid-19 prevention measures announced last week by the President of the Republic, Filipe Nyusi, if the transgression of the rules of case containment prevails
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Government plans to commercialize 160,000 tons of Brazil nuts
The Mozambican government projects to market about 160,000 tons of cashew nuts in the 2021/2022 season, which starts soon. The figure represents a growth of 12% compared to the previous campaign. The information was shared in Maputo, by the Vice-Minister of Agriculture and Rural Development, Olegário Banze, during the almond session. The official referred that in the...
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"Each Mozambican earns an average of 26 euros per month" - INE
Each Mozambican earns an average of 26 euros per month and is mainly self-employed in agriculture, according to the most recent survey by the National Statistics Institute (INE)