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Standard Bank launches Pension Fund

Standard Bank Moçambique recently launched a subsidiary company called Standard Fundo de Pensões-Sociedade Gestora. The purpose is to support employees of companies and individuals to save, invest, generate wealth and ensure financial stability. The fund represents an investment option to provide a dignified complementary retirement, acting as social security for the future, as...

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Nyusi considers Zimbabwe a "natural ally" in new projects

The President of the Republic, Filipe Nyusi, considered, this Friday, Zimbabwe a "natural ally" of Mozambique in new projects. The statement was expressed during a visit by his Zimbabwean counterpart, Emmerson Mnangagwa. "Collective management with Zimbabwe is inevitable, it is a natural ally," Nyusi said, regarding a joint venture of management of...

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More households receive grants to mitigate the impact of covid-19

More than 900,000 households that fell into poverty due to the Covid-19 pandemic have received grants in recent months under the Post-Emergency Direct Social Action Program (PASD-PE). The assistance was mostly targeted at women, people with disabilities, the elderly, and child-headed households. The director-general of the National Institute for Social Action (INAS), Glória...

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Filipe Nyusi reaffirms government's commitment to restore security in Cabo Delgado

The President of the Republic reaffirms that the government is committed to restoring security in the districts affected by terrorist action, in Cabo Delgado province, so that investments can return. Speaking this Wednesday at the end of his working visit to the European Union, based in Brussels, the capital of the Kingdom of Belgium, Filipe Nyusi...