The Mozambican fintech, PayTech, SA, which specializes in developing web and mobile solutions for digital payments, was the first to be admitted to the Mozambique Stock Exchange (BVM), on October 18, 2021. According to BVM, one hundred thousand ordinary, nominative and book-entry shares, with a unit par value of...
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Government of Zambezia wants more results in the new Millennium Challange package
The Zambezia provincial government wants to see more jobs created and agricultural production increase in the new Millennium Challenge Corporation (MCC) compact that may start soon
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"Crisis could lead to permanent changes in global supply chains," study reveals
A recent study shows that the "economic scarring" caused by the pandemic may lead to a permanent loss of production and structural changes in international trade supply chains
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Cabo Delgado: Hunger makes thousands of displaced desperate in shelter camps
The lack of distribution of basic food baskets to displaced people in several shelter camps in Cabo Delgado province is causing "humanitarian chaos," with several displaced people suffering fainting from hunger
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JICA invests 25 million dollars to improve water supply in Nampula
The Japan International Cooperation Agency (JICA) recently made available just over 25 million dollars to support the Mozambican government in boosting investments aimed at improving water supply to the city of Nampula
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Government defends more investments to guarantee water to all Mozambicans
The Minister of Public Works, Housing and Water Resources, João Machatine, said yesterday at the Forum "Jornada das Águas" that Mozambique must invest more in the sector to ensure that the precious liquid reaches everyone
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Cement is 50 meticais more expensive
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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"La Casa de Papel": Netflix presents trailer for the second part of the final season
Netflix this Thursday released the trailer for the second part of the fifth and final season of the series "La Casa de Papel," which will be shown in its entirety on December 3, along with three other final episodes. In the latest trailer for 'La Casa de Papel' the viewer is tricked into thinking that the "Professor," played...
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November 4, 2021November 4, 2021National
Mozambique raises USD 500M with reserve relief
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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Inflation stands at 6% in the third quarter, according to the WB
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...