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November 4, 2021November 4, 2021Latest, Markets, National

Cement is 50 meticais more expensive

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The price of construction cement is 50 meticais more expensive in the cities of Maputo and Matola after a slight price decrease in May this year, caused by the entry into operation of the Dugongo Mozambique factory. The price of cement has been rising since the last fortnight of October, and...

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November 4, 2021November 4, 2021National

Mozambique raises USD 500M with reserve relief

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The Governor of the Bank of Mozambique (BM), Rogério Zandamela, said on Wednesday that the relief of reserves of national financial institutions have allowed the financial system to receive US$500 million. According to Zandamela, who was speaking at the opening of the WB Coordinating Council in Nampula, the amount will boost economic recovery efforts, in a...

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November 4, 2021November 4, 2021Latest, National

Inflation stands at 6% in the third quarter, according to the WB

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The Governor of the Bank of Mozambique (BM), Rogério Zandamela, said that annual inflation stood at 6% in September this year, and that the metical appreciated by 15.0% against the dollar during the three quarters of 2021. Zandamela said that the results of the national economy's performance were conditioned by internal factors and...

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November 4, 2021November 4, 2021Latest, Markets, National, Tourism

Indico voted Africa's Best In-flight Magazine

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Índico, the in-flight magazine of the national aviation company, Linhas Aéreas de Moçambique (LAM), was elected the "Best In-flight Magazine in Africa" by the World Travel Awards 2021. The magazine sponsored by Executive Mozambique is thus honored for the second consecutive time with the same annual mention. The General Director of LAM, João Pó Jorge, showed himself...

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November 4, 2021November 4, 2021Latest, National, Living

Lino Eustáquio and Nyeleti launch book of poems "Desnudar os Silêncios" (Uncovering the Silences)

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The Mozambican writers Lino Eustáquio (Alonzo de Rezende) and Neide Malevo (Nyeleti) will launch their co-authored book "Desnudar os Silêncios", this Friday (5), at 4pm, at the Hoya Hoya restaurant, in the city of Inhambane. The poetic work proposes to search the most hidden sentimental entrails of the authors and bring to the far away all that is there...