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Manuel Chang's future may be decided today

The former Mozambican Finance Minister, Manuel Chang, may meet his final fate this afternoon when it is 3pm in South Africa (same time in Mozambique). The information is advanced by the office of the South African judge Margaret Victor, who heard the case in September, and spoke to Lusa news agency. It is known ...

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Sasol risks gas supply with new emissions plan

A study by Global Climate Insights (GCI) reveals that Sasol risks missing its climate targets if the group of does not secure the alternatives needed to replace coal. In September, South Africa's second largest producer of greenhouse gases announced a plan to reduce the...

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Galp wants government support to increase cash flow towards green economy

Galp Energia CEO Andy Brown said he intends to increase cash flow and profits, and follow through with the company's strategic transformation plan focused on renewable energy, biofuels and hydrogen. The pillar of the Portuguese oil company noted that the company's goal of making its operations less harmful to the environment requires, in...

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Mozambique has the third highest debt level in Sub-Saharan Africa

The International Monetary Fund (IMF) estimates that Mozambique's debt to international creditors will reach 133.6% of gross domestic product (GDP) this year, and with this it becomes the country with the third highest debt-to-GDP ratio in sub-Saharan Africa. According to sources that advance the information citing Bloomberg, Mozambique has waived the restructuring of the...

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Sasol promotes business opportunities in Local Content roadshows

The South African oil company Sasol held Local Content roadshows between October 26th and November 2nd in Govuro, Inhassoro, Maxixe (Inhambane districts) and Maputo, as a way to promote the growth of the regions where Sasol operates. The sessions, in which local businessmen participated, aimed at promoting business opportunities in the scope of the...

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Bitcoin passes $68,000 in new all-time high

The value of bitcoin has broken records once again. This morning, the cryptocurrency was up 3.3% and exchanging hands at just over $68,000, touching a new all-time high of 68,525.84 USD, according to CoinDesk's track record. That's an appreciation of more than 130% since January. According to the news published on the portal "Eco Online,"...