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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...

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Some companies continue to violate labor rights

Government considers that there are companies that continue to violate labor rights in the country. Data from the General Inspection of Labor, from January to September of this year, indicate that more than 15 800 infractions were detected, in about 700 institutions. For the Minister of Labor and Social Security, Margarida Talapa, these infractions are associated to the lack of...

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Nacala Logistics carried more than 60 thousand passengers in the third quarter

Nacala Logistics transported, during the 3rd quarter of the current year, a total of 62,574 people on its passenger trains, 8,085 more compared to the previous quarter. This increase corresponds to a rise of around 14%, compared to the second quarter of 2021. The company's official source reports that the results were influenced by the...

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Mozambique mobilizes countries in the region to mobilize funds for climate resilience

Mozambique urges the other countries of the Southern African Development Community (SADC) to prepare cross-border projects and mobilize funds for increasing climate resilience in the basins of shared rivers. According to the Minister of Public Works, Housing and Water Resources, Osvaldo Machatine, who was speaking a few days ago in Eswatini at the signing of the agreements...

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Covid-19: Mozambique receives doses to vaccinate one million people

The United Nations Children's Fund (Unicef) announced that Mozambique is expected to receive, later this week, enough doses of Covid-19 preventive vaccine to vaccinate about one million people. Meanwhile, this Monday, the country benefited from a donation of about 840,000 doses of the Janssen vaccine delivered by the United States...