The deputy managing director of the International Monetary Fund (IMF) argued yesterday that policymakers should ensure support for the most vulnerable, implement policies that reduce inflation, which is "a tax on the poor," and maintain the reformist agenda. "There are three generic principles that I ask you to consider when you are designing policies against the...
Credit Suisse forecasts global wealth per adult to increase 28% by 2026 and to pass $100,000 by 2024
Credit Suisse presented its Global Wealth Report 2022 on Tuesday, which found that wealth grew at a strong pace in 2021, and at year-end global wealth at current exchange rates totaled $463.6 trillion, a rise of 9.8%. Wealth per adult increased by 8.4% to $87,489....
Government prepares for the upcoming rainy season
Safe spaces for the resettlement of families living in flood-prone areas across the country are being prepared in order to prevent loss of life and damage to property during the rainy season, which runs from next October to March 2023. The fact was shared yesterday,...
Extractive Industry: Government to clarify community rights
The process of establishing a legal instrument that clarifies the rights of local communities hosting extractive industry projects in the country is underway. The information was advanced by the Minister of Mineral Resources and Energy, Carlos Zacarias, during the launch of the tenth independent report of the Extractive Industry Transparency Initiative, referring to the...
Heads of State of Mozambique and Tanzania want to strengthen cooperation
The President of the Republic, Filipe Nyusi, receives today in Maputo his counterpart from Tanzania to strengthen political, economic and social cooperation between the two countries, the Presidency announced today. "The visit of the [Tanzanian] President, Samia Suluhu, to Mozambique comes in response to the invitation made by the Mozambican head of state and is part of the strengthening and...
European Union wants to speed up delivery of military equipment to Mozambique
A delegation of seven MEPs argued yesterday in Maputo that the European Union (EU) must quickly deliver non-lethal military equipment to Mozambican soldiers trained by the EU to fight terrorism in the northern province of Cabo Delgado. "We must speed up the delivery of the equipment that has been promised," said, Nathalie Loiseau, president...
Moscow agreed to exchange prisoners with Kiev
Turkish President Recep Tayyip Erdogan has said that Russia and Ukraine have agreed to exchange 200 prisoners. Quoted by Euro News, Erdogan said the agreement was a "significant" step forward, but did not provide any other details about the deal. Erdogan, who met with Russian President Vladimir Putin last week,...
Russia to formally annex occupied regions in Ukraine
Russia currently occupies two regions in eastern Ukraine. Local authorities expressed over the past weekend plans to hold referendums on formal membership in Russia. An ally of President Vladimir Putin said the votes would forever alter the geopolitical landscape in Moscow's favor. The self-proclaimed Luhansk People's Republic...
Registration for the first class begins October 3rd
Enrollment for new entries to the first year of schooling in 2023 will begin on October 3, according to a spokesperson for the Ministry of Education and Human Development (MINEDH). The Ministry plans to enroll, by December 30, 2022, more than 1,500,000 children who turn six years old by June 30...
NGOs will create and propose law that regulates non-profit organizations
Non-Governmental Organizations (NGOs) in Mozambique will create and propose a law regulating non-profit organizations in the country. The proposal will follow a nationwide public consultation. The idea was presented today, and the NGOs are demanding the revision of the law regulating non-profit organizations approved by the...