At least some 200 million school-age children live in 31 countries without the resources to implement remote classrooms, says a new report published by the United Nations Children's Fund, Unicef. The analysis focuses on three areas: the availability of household assets and parents' education levels, the deployment...
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Reference interest rate remains at 18.6% next month
The Mozambican Association of Banks (AMB) said Friday that the "Prime Rate" reference interest rate will remain at 18.6% for the second consecutive month. The rate calculated by AMB and the Bank of Mozambique (BM) is based on a single index of 13.3% (calculated by the central bank) that remains unchanged and a premium of...
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Lusophone singers nominated for the "Africa Grammys
This year's All Africa Music Awards festival has nine singers from Portuguese-speaking African Countries (PALOP) nominated for the best artist categories. This year's "Africa's Grammy Awards", the All Africa Music Awards Festival, broke the record of registrations. In total there were 8,880 entries...
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Giant Evergande gets away with it again and pays 4.7M USD interest at the last minute
This is the second time the scenario has repeated itself in less than two weeks. It is that the Chinese real estate giant, again passed another "test of fire", making the payment of 47.5 million dollars in interest on a debt issued abroad at the last minute. The information is provided by Reuters, quoted by...
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CTA proposes definitive measures for frequent use of beaches
The Confederation of Mozambican Economic Associations (CTA) announced this Friday, in Maputo, a set of definitive measures that it considers feasible to be adopted by the Government to create a legislation that allows the rational, controlled and uninterrupted use of Mozambican beaches. And said that it will create an online control of vaccinated and unvaccinated employees...
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Interest rate remains at 18.6% in November
The benchmark interest rate for the month of November will remain at 18.6% for the second consecutive year, the Mozambican Association of Banks (AMB) said. The AMB rate is calculated by the Bank of Mozambique (BM) based on a single indexer of 13.3% that remains unchanged and a cost premium of 5.3%....
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October 29, 2021October 29, 2021Latest, National, Technology & Innovation
Facebook changes its corporate name. It is now Meta
Facebook founder and chairman Mark Zuckerberg announced Thursday that his company is no longer using its old corporate name, but is now called "Meta. The CEO's idea is to differentiate the parent company from all of its social networks and applications and to "encompass the vision of virtual reality for the future"...
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UN pledges continued support for Cabo Delgado's reconstruction plan
The United Nations Organization (UNO) ensures that it will continue to provide humanitarian and development support in the implementation of the reconstruction plan of the districts affected by terrorism in the north of Cabo Delgado province
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Council of Ministers approves extension of Portuguese fund for investments until 2025
The Council of Ministers approved this Thursday an extension of the Portuguese Fund to Support Investment in Mozambique, to be available until 2025