Yesterday, June 19, in Maputo City, the official signing of the Multi-Donor Action "Capacitar para Empregar" took place, an action that marks a decisive step towards strengthening employment prospects for young Mozambicans. The signing ceremony, which was attended by EU Commissioner Jutta Urpilainen and Ambassador...
Category: Market Announcements
Moza joins Clarisse Machanguana in supporting vulnerable girls
A press conference was held yesterday in Maputo to launch Moza Banco's institutional campaign, through which Moza reaffirms its position as a bank that believes in and invests in Mozambique and Mozambicans. On this occasion, the Bank established a partnership with the Clarisse Machanguana Foundation (FCM), an organization that...
Montepuez rubies sold for almost 70 million dollars at June auction
Colored gemstone miner Gemfields sold 68.7 million dollars worth of mixed-quality rubies at its June auction, with 97% of the lots under offer lost, the company announced in a statement. The rough rubies were mined by Montepuez Ruby Mine, which is 75% owned by Gemfields and 25% by its...
The United States celebrates 40 years of partnership in Mozambique
The United States and Mozambique yesterday marked four decades of impactful collaboration through the United States Agency for International Development (USAID) at a celebration in downtown Maputo. Ambassador Peter H. Vrooman and USAID Mission Director Helen Pataki hosted the event with the participation of the Minister of Health, Armindo Daniel...
Cristiano Ronaldo invests in Vista Alegre and Bordallo Pinheiro
Cristiano Ronaldo, one of the best players ever in the history of world soccer, and the best known and most admired Portuguese personality in the world, today acquired, through CR7, SA and in strategic alignment with Grupo Visabeira, 10% of the capital of Vista Alegre Atlantis SGPS and agreed to acquire, in an operation to be carried out in...
ISUTC Executive Education launches Advanced Program in Applied Finance
ISUTC Executive Education, in partnership with the Mozambique Stock Exchange (BVM), launched on Thursday, June 13, the Advanced Program in Applied Finance, a pioneering executive training program in Mozambique. The program was specially designed to boost successful careers in the important topic of financial management in various contexts...
AQI now has stores all over the country
National store coverage has been achieved, continuing the company's expansion plan, this time in Chókwè. The store has more than 260m2 and more than 15,000 product references for agriculture, livestock, fisheries and much more. The opening of the store in Chokwé demonstrates...
Cornelder of Mozambique achieves new granite block productivity record
Cornelder de Moçambique, through its General Cargo Terminal, achieved a daily gross throughput of 6,357 tons, exceeding the average of 3,400 tons handled daily. According to the press release, operations were carried out for 39 hours, from May 28 to 29, 2024, and a total of...
Access Bank completes acquisition of BancABC Tanzania and consolidates operations in East Africa
Access Bank PLC has just announced the successful completion of the acquisition of African Banking Corporation (Tanzania) Limited (BancABC Tanzania or BancABC), in line with its strategic expansion objectives. This milestone follows the Bank's initial announcement in July 2023 and marks another step in its journey to become the...
Fidelidade Ímpar reuses more than 6,000 coffee capsules in a project that promotes ecological practices
As part of its commitment to sustainability and environmental protection, Fidelidade Ímpar successfully implemented a coffee capsule reuse project, launched six months ago. In this edition, the insurer reused more than 6,000 capsules, making a significant contribution to reducing solid waste. The project was supported by...