Oil started this Friday trading in the 'red' on fears that the emergence of a new variant of covid-19 could lead to further tightening and restrictions around the world. But also, there are fears of a pullback in fuel demand, which is driving down the price of the 'black gold'. This morning,...
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Mozambique-Malawi railway line reopens in the first half of 2022
The railway linking Mozambique and Malawi from the port of Beira will be reopened within the first quarter of 2022, according to the portal com. The infrastructure cost about 30 million dollars, and work on its reconstruction is already in the conclusive phase. The reconstruction extended 44 kilometers of the track from...
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Luanda Biennial kicks off Saturday with actions focused on peace in Africa
The Angolan capital hosts from this Saturday the Biennial of Luanda - Pan-African Forum for the Culture of Peace. According to information advanced by UN News agency, the event counts with heads of state, members of governments, representatives of international organizations, diplomats and personalities. The Biennial highlights the cultural heritage of Angola and Africa....
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A new Covid-19 variant in South Africa is already worrying the world
Scientists have discovered a new, highly "expansive" coronavirus variant in South Africa. It is a variant B.1.1.529 that has an "extremely high" number of mutations. In a note published this Thursday, the scientists reveal that they are not yet sure how effective anti-Covid-19 vaccines are against this new form of the virus. "Unfortunately, we have detected a new variant...
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Filipe Nyusi challenges the Bank of Mozambique to respond to the challenges of the national economy
The President of the Republic, Filipe Nyusi urged the Bank of Mozambique to continue to seek answers in order to respond effectively to the emerging challenges of the national economy. Filipe Nyusi, who was speaking this Thursday in Nampula moments after inaugurating the new branch of the Central Bank, said there is a need to make efforts to control...
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Government sets date for submitting proposals for oil and gas prospecting
The government revealed that interested parties have 10 months to submit proposals for exploration and exploitation of oil and gas, under the sixth tender. Launched this Thursday in Maputo, the new tender will cover 16 new areas, five of them in the Rovuma Basin, seven in Angoche, two in the Zambezi Delta and others...
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AR approves the 2020 General State Budget
The Assembly of the Republic (AR) approved the General State Account (OGE) of 2020, presented by the Planning and Budget Commission, this Thursday in Maputo. Frelimo was the only parliamentary group to vote in favor of the account, and Renamo and MDM voted against. During the session, the party...
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Oil companies seek partners to help reduce costs
The group of oil companies operating in the Rovuma basin in Cabo Delgado province, northern Mozambique, is looking to find partners to help reduce operations costs and boost earnings. According to Minister of Mineral Resources and Energy Max Tonela, the concessionaires of areas 1 and 4 are already...
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November 26, 2021November 29, 2021Latest, Featured, Interviews & Reports, National
Extractive Sector Transparency Index decreases in 2020, points out CIP study
On balance the report of the Center for Public Integrity (CIP), released this morning, concludes that the Extractive Sector Transparency Index (ITSE) in Mozambique is still very low. "From the analysis made for the 22 companies studied in the 2020/2021 edition, on average, the ITSE in Mozambique stood at 0.25 points representing a decrease in...
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Government guarantees that classes will not resume in Palma until next January
The government says that the return of classes in Palma is scheduled for 31 January next year, after an interruption caused by the attack last March. The provincial director of Education and Development in Cabo Delgado, Ivaldo Quincardete said on Wednesday that although many infrastructures have been destroyed, classes will resume next year.