The African Development Bank (AfDB) has postponed, sine die, the African Investment Forum (AIF) 2021, following the emergence of a new variant of covid-19, called Omicron. The event was scheduled to take place between December 1 and 3, in Abidjan, considered to be the economic capital of Ivory Coast. Considered the main market of...
Post
Not all countries have interrupted air links with Mozambique after all
The company Commerce, Tourism and Travel Agency (COTUR) released this Tuesday, a list containing information about international flights following the restrictions caused by the discovery of new variant Omicron in South Africa. According to the list released by the agency, after all, there are still countries that continue to operate their airline connections with...
Post
Covid-19: Omicron variant suspected to have reached Mozambique
The Minister of Health, Armindo Tiago, announced on Tuesday that Mozambique has detected new covid-19 infections, two of which may be of the omicron variant. The detection of these two suspected cases was possible following the archive testing of positive samples from the month of November. The official further explained that there is a probability that the...
Post
Interprovincial transport becomes more expensive as of today
Transport is more expensive as of today. According to the Mozambican Road Transport Federation (FEMATRO), the price per kilometer/passenger has increased from 1.50 meticais to 1.75 meticais. The new rates resulted from the agreement between the Gover01no and the Mozambican Federation of Road Transport Associations (FEMATRO) which recently submitted the proposal of increasing the...
Post
New transport fare in Maputo city comes into effect in January 2022
The Municipal Council of Maputo City on Tuesday assured that the new tariff for semi-collective passenger transport (chapas) will come into force from January 2022. The information was disclosed by the councilor for Mobility, Transport and Traffic at the Maputo City Council, José Nicols. According to José Nicols, the readjustment proposal presented by the transporters is being...
Post
Government goes to parliament tomorrow
The Government will tomorrow go to the Assembly of the Republic (AR) to answer 15 questions from the parliamentary benches. Among the issues that Frelimo wants to see clarified are the prevention of road accidents, rainy season (2021/2022) and food prices during the festive season. Renamo wants to know what actions are being taken to stop kidnappings,...
Post
China blocks Spanish newspaper ABC after criticism of Xi Jinping's government
The Chinese government has decided to block access to the digital edition of the Spanish newspaper ABC, after that newspaper published a profile of the Chinese President, Xi Jinping, and a chronicle on the disappearance of celebrities in the Asian country. According to Pablo M. Díez, ABC's correspondent in Asia since 2005 and based in Beijing, the edition...
Post
Moza Banco present at the 6th edition of the African Accounting Congress
Moza Banco participated last Friday in the 6th edition of the African Accounting Congress (ACOA 2021), held in Maputo. Co-organized by the Order of Accountants and Auditors of Mozambique (OCAM) and the Pan African Federation of Accountants, the congress gathered 1500 delegates, between national and international. According to the President of the Executive Council (PCE) of Moza...
Post
Vale begins to transform mining waste into construction materials
Brazilian mining company Vale is now directing its investments toward the construction sector. The company has begun extracting sand from leftover iron ore processing to supply construction projects in Brazil. At the same time, Vale is developing a type of low-emission geopolymer cement that...
Post
Prime rate will close the year at 18.6%
The Mozambican Association of Banks (AMB) announced today that Mozambique's benchmark interest rate for December will remain for the third consecutive month at 18.6%. The rate calculated by AMB and Banco de Moçambique is based on a single index of 13.3% (calculated by the Central Bank) which remains unchanged and a premium...