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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FAO presents tool for producing data to reverse deforestation
The Food and Agriculture Organization of the United Nations (FAO) has announced the launch of a tool for producing data on forests and land use. This is a technology that uses a combination of geospatial data, such as Google Earth, with open source data processing software. This tool can help...
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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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How could the Nickel Mine in Tanzania be the trump card for Elon Musk?
Car manufacturers are dealing with a shortage of raw materials, all over the world. And who has not escaped this crisis is the giant Tesla, dedicated to the production of electric cars. It turns out that Elon Musk's company lacks nickel for making electric cars. Realizing the scarcity of the resource, the mining company Kabanga...
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November 22, 2021November 22, 2021Latest, National, Social Responsibility
Moza Banco donates covid-19 fighting material to the Municipality of Beira
Moza Banco delivered to the president of the Municipal Council of Beira City, Albano Carige, 2 metallic modules where once functioned the branches of the bank in the Goto and Munhava Markets, 2 water tanks with capacity of 500L each, as well as hygienization kits in the scope of the fight against COVID-19. With this initiative,...
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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...