Oil prices, considered "black gold" are still in positive territory, recovering from the fall triggered yesterday by fears about rising inflation in the US. The West Texas Intermediate (WTI), "benchmark" for the United States, for December delivery adds 0.74% to 81.94 dollars a barrel. The December contract for Brent...
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Government promises measures to tackle fuel prices
The Prime Minister, Carlos Agostinho do Rosário, said today in the Assembly of the Republic (AR) that the Government will implement "realistic measures" to protect the population from the impact of the worsening fuel prices. "The Government will continue to be attentive and to adopt realistic measures that ensure the protection of the activities of the transport, agricultural and fishing sectors, among others,...
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PR appoints new ministers of Defense, Interior and Civil House
The President of the Republic, Filipe Jacinto Nyusi, today appointed three new ministers. These are Cristóvão Artur Chume as Minister of National Defense, Arsénia Felicidade Félix Massingue as Minister of Interior, and Constantino Alberto Bacela as Minister in the Presidency for Civil House Affairs, according to a press release from the Presidency of the Republic, in...
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Mozambique 'calls' Russian oil companies to bid for hydrocarbons
The Mozambican government today in Moscow invited Russian oil companies to participate in the sixth international hydrocarbons tender, to be launched in December, for the development of projects in the sector in the African country, according to a Lusa news report. Carlos Zacarias, president of the National Petroleum Institute (INP), told reporters that the country will be...
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November 11, 2021November 11, 2021Latest, World, Technology & Innovation
Facebook Business Coach, the new tool for digital development of African SMEs
Meta has announced the launch of Facebook Business Coach, a tool designed for Small and Medium Business (SMB) entrepreneurs in English-speaking countries to learn how to grow their business online with Facebook, Instagram and WhatsApp. The dialogue tool is available on WhatsApp for free, is low-powered and...
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November 11, 2021November 11, 2021Latest, World, Technology & Innovation
Google to pay €24.4 MM fine for abuse of commercial hegemony
The European Commission (EC) has imposed a €24.4 billion fine on Google for abusing its status as a leader in EU e-commerce. The company appealed the decision, this Wednesday, but the General Court of Justice of the European Union refused. The EC alleges that the tech giant has used at will its...
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Discover the counter-intuitive trick to evaluate a job offer
These days, it seems that people are less likely to accept or consider an offer for a new job. And this is leading companies to look for human resource managers who can convince people to take on the new jobs by proposing various perks. On the other hand, because of the pandemic - which has taken thousands of...
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November 11, 2021November 11, 2021Latest, World, Technology & Innovation
Elon Musk sells Tesla shares for more than $1 billion
The world's richest man, Elon Musk, on Monday sold shares in his electric vehicle manufacturer, Tesla, with which he raised about $1.1 billion. The Tesla CEO sold about 930,000 shares, according to the Securities and Exchange Commission (SEC), the US market regulator....
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Vodacom to launch M-pesa in Egypt
South African mobile phone company, Vodacom, will acquire a majority stake from its British parent company Vodafone Egypt for $2.7 billion, with a view to expanding its presence on the African continent. According to Vodacom CEO Shameel Joosub, one of the biggest attractions in the Egyptian market is that most of the...
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Africans want USD 700B annually for climate adaptation
A group of African nations has pressed for the opening of negotiations for a $700 billion annual funding package, starting in 2025, to help developing countries adapt to the climate crisis. The so-called emerging countries (Brazil, China, India, and South Africa) are going to the negotiating table with a...