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Government welcomes progress of the "Production Sharing" project

The government welcomes the progress of the "Production Sharing" project between the Executive and Sasol. The satisfaction was expressed by the Minister of Mineral Resources and Energy during a visit to the South African petrochemical company's facilities in Inhambane. "In the reserve exploration component, we have seen that [they have] started the drilling campaign activities. We anticipate that ...

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NedBank Moçambique Presents Myuey MOBILE BANKING APP

Nedbank Mozambique recently presented the MyUey Mobile Banking app, aimed at the bank's private clients in a first phase. The IT Administrator of the bank, Elsa Graça, said that the app will be available soon. The bank unveiled this novelty in the eighth edition of Moztech. The application developed by Mozambicans, mostly employees of the...

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Mozambique meets with President of 76th UN General Assembly

The Mozambican diplomatic chief had a meeting with the president of the 76th UN General Assembly, Abdulla Shahid. The information is contained in a statement issued by the Ministry of Foreign Affairs and Cooperation. According to the statement, the audience served to Verónica Macamo inform and explain the decision of the Mozambican government to apply for non-permanent membership of the Council...

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AFRICAN listed companies post better-than-expected profits

A study by Riscura, a market analysis and monitoring company, has revealed that 13 of the 15 listed companies - outside of South Africa - had profits that exceeded their expectations during the first half of 2021. The best performance was achieved by Coronation Africa Frontier which generated a profitability of...

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There are two Mozambicans in the list for the best players in the world

The players of the national beach soccer team, António José Namape Júnior "Figo" and Nelson João Manuel, are on the list of 100 candidates for the title of Best Player of the Year 2021. The information was disclosed by Beach Soccer WorldWide, an organism that manages, next to FIFA, the beach soccer on an international level. From the list...

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Zimbabwe cuts power 12 hours a day and asks Mozambique for help

The Zimbabwe Electricity Transmission and Distribution Company has decided to cut off power supply to the population for 12 hours a day, as large-scale power plants are unable to produce enough energy to meet the country's energy deficit. A statement from the institution states that two of the main power plants are not...

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Sub-Saharan Africa could have 86M migrants due to climate change

A new World Bank (WB) report concludes that 216 million people will be forced to migrate within their own countries due to climate change, writes UN News. According to the study, entitled wave 2, the foci of this internal movement are expected to emerge as early as the end of this decade and intensify over the next 20...

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The second day of debates will be marked by the presence of Portuguese-speaking countries in the General Assembly

Two more leaders from Portuguese-speaking countries will make their speeches at the 76th General Assembly of the United Nations (UN) on Wednesday, reports UN News. Jorge Carlos Fonseca, president of Cape Verde, will be the first to represent the Portuguese-speaking countries and the eighth to take the stage. And the second will be the president...