The founder of the Chinese construction company Evergrande, Xu Jiayin, today demanded that the pending works that the group is building in China be resumed by the end of this month. In a statement, Xu explained that work has already been reactivated on 668 of the company's 706 real estate projects. The remaining 38 must resume construction by...
Two of three missing bodies from shipwreck in Nampula found
The authorities confirm the location of two of the three bodies missing in the shipwreck that occurred on Thursday (08), in Nacala Port, in the province of Nampula. According to the Maritime Administrator of Nacala, Adamo Rachide, the bodies were found near the Sousa beach, where the shipwreck occurred. For now, a joint team, under the...
From October to March: Ban on Shrimp Catch
The capture of surface shrimp and mangrove crab will be prohibited from next month until March 2023. The measure aims to allow the reproduction of the species along the entire Mozambican coast, according to an official source. Leonid Chimarizene, spokesman for the National Institute of the Sea, Public Institute (INAMAR-IP) explained to "Notícias" that the ban period will be characterized by...
IPEME entrusts Gapi with the management and operation of a feed mill
The Institute for the Promotion of Small and Medium Enterprises (IPEME) and Gapi have signed this Monday morning, September 12th, at the Private Office of the Ministry of Finance, a public deed for the cession and exploitation of a manufacturing enterprise located in the District of Chimbonila, Niassa Province. Initialed by the representatives of these two...
City MPs demand Putin's resignation in petition
Deputies from 18 municipal districts in Moscow and St. Petersburg, Russia, have signed a public petition demanding the resignation of that country's president, Vladimir Putin. "We, the municipal deputies of Russia, believe that the actions of President V. Putin harm the future of Russia and its citizens. We demand Vladimir Putin's resignation....
Construction companies Fenix and Berry Juice merge and create RadX Construction
Fenix Construction Services Group and Berry Juice Construction Group have announced that they have merged their operations and will conduct their business under the new brand, RadX Construction. The now merged companies have been working in the Mozambican market as builders and civil contractors for about 20 years. They have delivered...
Pemba: FIPAG increases water distribution capacity to cope with growing population
In order to improve the water supply service to the city of Pemba, Cabo Delgado province, the Water Supply Investment and Property Fund, FIPAG, is implementing a set of actions to alleviate the pressure on the system, which results from the demographic increase in that city, which limits the water supply capacity of the...
"Q2 business performance improved over Q1, although lower than expected" - CTA
The Confederation of Mozambican Economic Associations (CTA) says that macroeconomic indicators showed a slight improvement trend compared to Q1 2022, with the Macroeconomic Environment Index recovering about 1 percentage point, from 49% to 50% in Q2 2022. According to the CTA, the improvement is justified...
Vilankulo Municipality places signs on beaches to prevent drowning
The City Council of Vilankulo, in Inhambane, is placing signs at places for bathers to dive, launch fishing boats or transport of people and cargo, to indicate dangers of strong currents that can culminate in drowning. The measure aims to provide safety to users during the summer that is...
Inflation in Angola below 20% for the first time since April 2020
The national consumer price index (IPCN) in Angola settled at 19.78% in August, a decrease of 6.31 percentage points compared to the same month and the lowest value since April 2020, when it reached 20.81%. According to data from the National Institute of Statistics (INE) quoted by Lusa, the Food and Beverage...