The North Sea crude, a reference in Europe, ended the session on the International Exchange Futures quoted 40 cents below the $88.32 with which it closed trading on Thursday. Brent crude ended the session down again, after having reached in the first half of this week unprecedented values since October...
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Irish Embassy guarantees aid to displaced people in Niassa
The Irish Ambassador to the Republic of Mozambique, Nuala Ó Brain, told the authorities of Niassa province that her country will continue to help in order to reduce the suffering of over 4 thousand people displaced due to terrorist attacks in that province. The assurance was given by the ambassador herself after a visit...
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January 22, 2022January 22, 2022Latest, World, Business, Technology & Innovation
Kenya introduces the first locally made electric car
Opibus, a Swedish-Kenyan company specialized in "green" mobility, has just launched its first locally designed electric bus. The design of this model aims to achieve a gradual shift to a more "green" mobility, particularly in public transport, and gradually reduce the import of second-hand buses. Advances the African Markets, citing...
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World Economic Forum already has a new date and will be in person
The Davos World Economic Forum, a conference that annually brings together top political, business, cultural and social leaders to discuss the direction of global economic growth, will return in person between May 22 and 26 this year, the organization said. The Forum, based in Geneva, had postponed the annual event...
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Netflix sinks 23% with disappointing customer numbers
Netflix disappointed analysts on the outlook for subscriber numbers, leading the stock to tumble 23% at the opening of the session. Peloton, on the other hand, continues to correct, rising 10%, after the sharp losses (-7%) recorded in the last session. CNBC reported yesterday that the company has decided to temporarily suspend production of fitness equipment linked to the...
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Southern African countries fly to Brazilian territory again
The Brazilian government today repealed restrictions imposed on flights from African countries at the end of last year, after the emergence of Omicron, a new variant of SARS-CoV-2, according to an ordinance published in the Official Gazette of the Union. According to the Lusa news, as of today, travelers coming from or going through South Africa, Botswana,...
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Mozambique is the third African country that administers the most vaccines
Mozambique is the third African country with the highest percentage of administered vaccines, covering 27.2% of the population with 18.9 million doses, according to the African Union Center for Disease Control and Prevention (Africa CDC). According to data made available following the weekly press conference of the Africa CDC, and cited by Lusa,...
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January 21, 2022January 21, 2022Latest, Marketing & Advertising, World, Business
Emirates invests $20 million in campaign in world's tallest building
Emirates has invested $20 million in a new campaign filmed atop the world's tallest building, the Burj Khalifa. After several months of preparation, the campaign featured the airline's A380, decorated with paintings from Expo 2020 Dubai. The airline's latest campaign aims to increase the influx...
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CTA says easing restrictions stimulates recovery
Mozambique's Confederation of Business Associations (CTA), the largest business organization, says the easing of restrictions related to the prevention of covid-19 could boost the resumption of economic activity in the country. CTA says the reopening of beaches and the unrestricted resumption of business establishment hours will give "a fresh air...
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Portuguese working in Angola invoice more than Angolans in Portugal
The Bank of Portugal announced that Portuguese emigrants working in Angola sent 22.9 million euros to Portugal and Angolans in Portugal sent only the derisory 800,000 euros, in November last year. According to the bank, comparing these November 2021 numbers with those of the same month of the year...