Mozambican students in Maputo City show total ignorance of the holiday that will be celebrated tomorrow. According to Radio Mozambique, these are students from different levels of education who are uncertain about the events of September 7. One of the interviewees said bluntly that she does not retain any historical date...
South African economy breaks six months of growth and drops 0.71TP2Q2
The economy of South Africa, the most developed on the African continent, halted growth for six consecutive months and fell 0.7% in the second quarter of this year, the country's official statistics office (Stats SA) said today. The devastating April floods in the eastern province of KwaZulu-Natal and the cuts in...
Government will conduct studies on the project to rehabilitate the EN1
The government will carry out in-depth studies on the rehabilitation project of the National Road Number one (EN1), whose works are foreseen for the second semester of next year, in an investment of 400 million dollars. The information was advanced this morning by the Minister of Public Works, Housing and Water Resources, Carlos Mesquita, during the launch...
Liz Truss has already been nominated as prime minister of the United Kingdom
British Liz Truss was named Prime Minister of the United Kingdom on Tuesday, after a meeting with Queen Elizabeth II, who invited her to form the government after the resignation of Boris Johnson that led to early elections. In a photograph made public, the monarch greeted Truss, who becomes today the 15th head of government to...
Moza strengthens commercial relations at the Mozambique - Portugal Business Forum
On September 2nd the Mozambique - Portugal Business and Investment Forum was held in Ricatla, Marracuene district in Maputo province. The event was organized by the Mozambican Government through the Ministry of Industry, in partnership with the Portuguese Government, under the theme "Promoting and Enabling Opportunities, Investments and Partnerships", and included...
Cabo Delgado: Gas liquefaction plant works to resume in 2023
The chief economist at Standard Bank, Faúsio Mussá, expects that the retreat of armed violence will allow work on the gas liquefaction plant in Cabo Delgado, northern Mozambique, to resume in the first half of 2023. "The improvement of security conditions may dictate the resumption of construction work on the TotalEnergies complex, in the peninsula...
OPEC+ lowers oil production by 100,000 barrels per day
OPEC+ decided, this Monday, to reduce oil barrel production by 100,000 barrels per day (bpd) to keep prices stable. This measure begins to take effect in October, but for now it has returned oil prices to near one hundred dollars per barrel. Next month, the group...
Funeral of former Japanese Prime Minister Shinzo Abe will cost 12 million euros
The funeral of former Japanese Prime Minister Shinzo Abe, who was shot dead in July, will cost the state about 1.7 billion yen (12.1 million euros), it was announced Tuesday. The increase in the initial cost, estimated at almost 250 million yen (1.7 million euros), was due to expenses with security and...
Terrorism in Nampula: Displaced people fleeing Eráti district 'multiply'
The administrator of the district of Eráti, in Nampula province, the scene of an armed attack on Friday, said today that people continue to "multiply" fleeing from Kútua, on the south bank of the Lúrio river, bordering Cabo Delgado. "The movement of displaced people is continuing. It is multiplying, we are in a crisis situation," Manuel Manusso said....
Credit Suisse will sell its business to wash away past image
After a series of financial scandals, Credit Suisse bank is looking to wash away the negative image stamped on the international market and is selling its trust business, an offshore arm of the bank for wealthy clients. The sale was announced as the Swiss bank defended itself against a claim for more than $1 billion in damages...