The President of the Republic and Commander in Chief of the Defense and Security Forces (FDS), Filipe Nyusi, announced early last night (14), in the city of Pemba, Cabo Delgado, the taking of the Katupa base, in Macomia, considered one of the most strategic of the insurgents after Sire 1 and 2. Speaking to journalists moments after...
Absa Bank promotes campaign "I am Life and I give Life
Overall, Absa Bank managed to collect 389 bags of blood, as part of the campaign "I am Life and I give Life" that in its 3rd edition joins partners. According to health authorities the amount will help save lives of up to 1556 people. The campaign "I am Life and I give Life" took place on...
Chinese economy grows 0.41TP2Q2 in the 2nd quarter
China's economy posted a year-on-year growth of 0.4% in the second quarter of the year, illustrating the impact of covid-19 prevention measures that resulted in the country's key cities being blocked. The official data, released today by the National Bureau of Statistics (NSO), came in below analysts' expectations, who had forecast an increase...
Inflation in the United States should lead Fed to raise interest rates by 1%
Inflation of 9.1% in June in the United States may lead the US Federal Reserve (Fed) to raise interest rates, up to 1%, at the meeting that is scheduled to take place between July 26 and 27, Reuters advances. "Everything is on the table," the Fed chairman said...
AfDB approves $175 million facility for financing in Africa
The African Development Bank (ADB) has approved a regional trade finance facility of US$175 million for the Eastern and Southern Africa Trade and Development Bank, the bank said in a statement on Thursday. In a statement quoted by Lusa, the institution said that together, "the two institutions will provide an amount of 350...
Inflation soars to new record high
Mozambique reached, in June, a new record of price increases. Inflation reached 10.81%, according to data from the National Statistics Institute (INE). This is the highest value of the last four years and nine months, for another, June was a month of tightening of accounts for families. Purchasing power decreased, with...
Another day ends...
Another day ends, the supposed strike I managed to abort, and now it's time to return to my neighborhood. I will now strip off my police skin like a snake, put it on a wire hanger, and hide it in the commando's closet. I'm going to pass on to the night watchman the dispatch of two strikers that I handcuffed on the Avenue....
Southern African troops will remain in Mozambique
Southern African countries agreed Thursday (14) to extend troop presence in Mozambique for another month to help fight an insurgency linked to the Islamic State. Member countries of the Southern African Development Community (SADC), agreed last year to send troops to Mozambique. O...
Standard Bank trains 300 young graduates for the job market
Over the past five years, through its Graduate Training and Development Program, Standard bank has trained more than 300 young people, giving them an opportunity to align their theoretical background with practical experience, enabling them to enter the employment market with a solid foundation, as well as to start self-employment projects. Mónica Macamo, director of...
Alleged victim of R. Kelly says she is engaged to singer and asks for clemency
Joycelyn Savage, R. Kelly's girlfriend and alleged victim, has sent a letter to the judge in charge of the sex crimes case involving him, in which she reveals that she is engaged to and "deeply in love" with the musician. Joycelyn's letter is dated June 13 and was recently obtained by E! News. The young woman's goal was to ask...