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Malnutrition affects 48% of the world's population

World organizations like Unicef, Fao and the UN report that about 48% of the world's population suffers from malnutrition, either eating too little or too much. The Global Nutrition Report (GNR), presented today, says this has disastrous consequences not only for health, but also for the planet. "The global results show...

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Hidden Debts: Ernesto Gove admits irregularities in Ematum, MAM and Proindicus contracts

The former governor of the Bank of Mozambique (BM), Ernesto Gove, assumed on Tuesday that the financing contracts of the companies receiving the money from the hidden debts, namely Ematum, MAM and Proindicus, contained irregularities, but because it was an urgent matter of state sovereignty, they had to be authorized. The former governor of the WB...

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CTA guarantees the integration of 100 DDR beneficiaries in private security companies

The President of the Confederation of Mozambique Economic Associations (CTA), Agostinho Vuma, revealed this week that about 100 beneficiaries of the Demobilization, Disarmament and Reintegration (DDR) process will be integrated in private security companies. The initiative comes under the mechanisms of private sector participation in the economic and social reintegration of the demobilized in the...

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Mozambique wants to expand economic relations at Expo Dubai

Mozambique participates in Expo Dubai with the theme "Sustainability" and the country will also use its presence to align and expand relations with the United Arab Emirates, beyond the sectors where there is already work. According to Mozambique's emissary-general, Miguel Nkaima, it is for the third time that the country participates in the exhibition...

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US may give up oil reserves to curb rising energy prices

The United States may announce today a loan of its emergency crude oil reserves as part of an agreement with major Asian energy consumers. The so-called "swap" of the U.S. Strategic Petroleum Reserve (SPR)" is expected to be announced in a coordinated action among several countries. The measure aims to reduce the prices of...

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Sasol aims to start producing Green Hydrogen in 2023

The South African oil company plans to start producing six tons of green hydrogen in 2023 at its Sasolburg facility by 2023, according to prospects put forward at the Africa Green Hydrogen Forum. The company's vice president for climate change, Shamini Harrington, said that green hydrogen would be the result of the combination of 60 MW...

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Gold and euro extend falls while dollar gains strength

Gold started off lower on Monday, still digesting the statements of several members of the US Federal Reserve (Fed), according to which the withdrawal of stimulus should be faster. Adding to this, Christopher Wallace, senior auditor at the Fed in St. Louis, stated that the central bank should raise interest rates due...