The price of bread in Mozambique may soon undergo an upward revision, considering the 100 metical increase in the price of the main ingredient for its production, wheat flour. A document that MZNews had access to today indicates that "the price of Standard Wheat Flour will pass...
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President of the Republic Promises a Transitability Solution on Revubuè
The President of the Republic guarantees, as soon as possible, the intermediate solution to make the connection between the cities of Tete and Moatize, through the bridge over the Revubue river, damaged by tropical storm Ana, last January. Filipe Nyusi said that he has already given guidelines to find an alternative to minimize the problem of circulation of people and goods, while a definitive solution is sought. O...
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WHO provides 7 M$ to respond to health emergencies in Mozambique
Mozambique has nearly seven million dollars, donated by the World Health Organization, to respond to health emergencies in the country. The amount was announced last Friday, during the signature of the Cooperation and Assistance Plan, between WHO and the Ministry of Health, for the biennium 2022 and 2023. O...
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President assesses damage from the Ana depression in Tete
The President of the Republic, Filipe Nyusi, visited the province of Tete last Friday in order to assess the damage caused by the passage of tropical depression Ana. Upon his arrival, Filipe Nyusi visited the bridge over the Revúbuè river, promising to restore the infrastructure as soon as possible to ensure the circulation of people...
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March 6, 2022March 6, 2022Latest, Market Announcements, National
Absa Bank Moçambique promotes art through recycling
Absa Bank Mozambique, inaugurated, in its Premier Branch, the exhibition "RECICLARTE". This is a project concept that is dedicated to the creation of art through an ecological movement in order to raise awareness and encourage society to use solid waste in a rational way through its reuse. The exhibition, made exclusively...
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South African military will stay in Cabo Delgado until April
The South African National Defense Force (SANDF), deployed to support Mozambique in the fight against Islamic terrorism in Cabo Delgado province, is to remain in the field of operations until April 15, by decision of the South African President (PR), Cyril Ramaphosa. The South African Parliament published a letter from Ramaphosa, signed on February 28...
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Max Tonela intends to improve fiscal policy
The first mission of the new Minister of Economy and Finance will be to improve the economic and fiscal policy to ensure "that it is easier to invest and do business in Mozambique," said on Thursday in Maputo, Ernesto Max Tonela. The minister was speaking to the media moments after the swearing-in ceremony at the Presidency...
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Minister of Ministers wants to guarantee financial independence
The new Prime Minister, Adriano Maleiane, said on Friday in Maputo that he intends to ensure "financial independence" by strengthening production and containing spending. Speaking to journalists after the swearing-in ceremony, Maleiane explained that the problems come from the fact that people spend more than they have. For the...
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Hidden Debts. Prosecutor asks for maximum sentence, acquittal and return of money
The Public Ministry (MP) believes that Hidden Debts harmed the Mozambican state with high "intensity" so it requested the Judicial Court of Maputo City to apply the maximum penalty for eight of the 19 defendants of the main case under trial. According to the Public Ministry, the maximum penalty should fall to Armando Ndambi Guebuza, the most...
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Executive approves largest million-dollar financial deals seven years later
The Council of Ministers approved, last Tuesday (14), the largest financial agreements valued at more than a billion dollars. In fact, most of the contracts were signed last year, being for obtaining credit and others are for donations from various international banking institutions, including the World Bank. Among...