Credit Suisse CEO Thomas Gottstein resigned today and is to be replaced by Ulrick Korner as of August 1, the bank said in a statement. Thomas Gottstein's departure comes after the bank reported first-half losses of CHF 1,866 million (EUR 1,913 million),...
HUAWEI launches "Internship Fair" for young Mozambicans
Huawei Technologies Limitada, launched last Thursday a program to facilitate recruitment for jobs and internships targeted at Mozambican university students. The National Employment Institute (INEP) answered Huawei's call to provide candidates with professional experience to grow in the Information and Communication Technology (ICT) sector. The event counted...
Striking truckers block traffic in South Africa. "We are all frustrated"
Truckers in South Africa went on protests today for companies employed foreign workers. There are reports that traffic between Gauteng and Kwazulo Natal and Johannesburg and Durban is disrupted. A source of ours said that there was already talk of the strike occurring on social media. Images to which MZNews had access show a...
CDD calls for resignation of the Minister of Education
Recent cases of errors in sixth grade textbooks have prompted the Center for Democracy and Development (CDD) this Friday to call for the resignation of Education Minister Carmelita Namashulua. "In the realm of political accountability, the Minister of Education and Human Development, Carmelita Namashulua, should put her seat up for grabs," writes...
Single Wage Scale goes into effect next month
The Single Wage Table (TSU), in the Public Service, will come into force from next July. The assurance was given yesterday in Maputo by the Minister of Economy and Finance, Max Tonela, on the sidelines of the opening of the VIII Conference and Exhibition on Mining, Oil & Gas and Energy of Mozambique, an event that ends today....
TAP fires more than 500 workers
Transportes Aereos Portugueses (TAP) Maintenance and Engineering in Brazil fired over 500 workers on Friday (27), following the closure of activities in Rio de Janeiro. The information was advanced by the President of the National Union of Air Workers, Luiz da Rocha Cardoso Pará, with a presence in the 27 states of Brazil. "There were made between 500...
Social Security collects 271 million meticais in debts
The Maputo City delegation of the National Institute of Social Security (INSS) exceeded the goal of collecting the amounts owed. Of the approximately 67 million meticais that were expected, the agents took to the INSS coffers 271 million meticais. On the other hand, the delegation of the institution also surpassed the goal...
Vulcan responds to strikers' concerns and warns: "there is no room for any compensation"
After weeks ago, workers of the mining company Vulcan, have paralyzed the activities alleging that the company "has a reputation of mistreating the worker" and breach of contracts, Vulcan came to the public to inform that maintains the commitment and guarantee of maintaining the posts and working conditions without termination of contracts and, in this sense,...
Three more companies join the Made In Mozambique Seal
Three more companies based in the capital of the country received yesterday the right to use the Made In Mozambique seal for having proven their eligibility to join the initiative. These are the companies Banco Nacional de Investimento SA; Lin limpezas, Sociedade Unipessoal, Lda. and Tlula Clínica, which joined 221 other companies already registered in the...
Vulcan Mozambique "has a reputation for treating the worker badly
Workers assigned to the coal mining operations sector at the Moatize mine in Tete province, say that Vulcan Mozambique is mistreating its employees. This group of workers, whose contracts have been concluded with Vale Mozambique, say they have already provided services for Vulcan Mozambique in other projects, and,...