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Filipe Nyusi calls for an end to sanctions against Zimbabwe

The President of the Republic, Filipe Nyusi, argues that it is time to lift the sanctions imposed by the West on Zimbabwe so that this country can develop economically and create better living conditions for its population. "We advocate a rethink because we do not see any resistance from Zimbabwe in adhering to the changes that are demanded and...

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Xinavane Sugar Company Workers already restarted activities

The workers of Xinavane Sugar Company, Manhiça district, Maputo province, will resume, this Saturday, the work activity, after having observed a strike of 11 days. In question is the salary readjustment, the payment of production bonuses, among other concerns. The Secretary General of the National Union of Agricultural, Livestock, Cashew Industry and Forestry Workers, André...

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INAM warns of another low pressure system in the Indian Ocean

The National Institute of Meteorology (INAM) says the fourth system of low atmospheric pressure has formed, southwest of the Indian Ocean, with strong potential to evolve to the stage of moderate tropical storm in the coming hours. According to a statement released this Sunday, until the morning, the system was with winds of...

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South Africa's economic recovery will remain fragile - IMF

The International Monetary Fund (IMF) on Friday deemed that South Africa's economic recovery remains fragile and growth is expected to remain below 2% over the medium term due to political uncertainty, high public debt and investment constraints. "The economic recovery is considered fragile as it has been accompanied...

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Putin says US is 'hysterical' to wage war

The US and Russian presidents held a telephone conversation this Saturday where disagreement over Ukraine continues to be the keynote. Biden warned Putin of the "severe and rapid costs" if Moscow invades Ukraine and the Kremlin denounced "US hysteria." Meanwhile, later in the day the White House announced that Joe...

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Businessman kidnapped from the first PRM police station in Maputo

A businessman was kidnapped in the vicinity of the 1st Police Station of the Republic of Mozambique (PRM), in the city of Maputo, on Saturday morning. Our source says that three armed men kidnapped the citizen Bharat Kumar inside a store selling alcoholic drinks on Rua António Fortunado, when it was 10 o'clock,...

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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...