Following the implementation of the Project "Um Gesto, Um Sorriso", in Xilembene, the Machel Fidus Association promoted in Maputo, a set of trainings within the school vacations of the students of Xilembene. The 5 days of trainings, gave the students from the 8th to the 12th grade the opportunity to assimilate theoretical knowledge...
According to a statement sent to our newsroom, the Group reached the historic milestone of 1,171 million euros of consolidated turnover, an increase of 211 million euros compared to 2020, translating into a growth of 21.91Q2TP. EBITDA reached 183 million euros, 17.81MT2 more than the year...
Mozambique must make use of its considerable gas resources to boost local industries - this was the theme highlighted by Keith Webb, Head of Midstream and Infrastructure at Rand Merchant Bank (RMB), sister company of FNB Mozambique, at the 8th Mozambique Mining, Oil & Gas and Energy Conference. ... O...
Syrah Resources has received reports of an attack by rebels on a mine project near Ancuabe, about 200 km from Balama in Cabo Delgado province, northern Mozambique. This recent attack, following another incident in the same area in recent days, are the first confirmed attacks in the Ancuabe district. Earlier...
Absa Bank Mozambique, was recently recognized as the 'Best Business in Energy' by The African Banker Magazine, in the African Banker Awards 2021, in the category of Banks that contributed the most to energy supply throughout the year, for its contribution in the Temane Thermal Power Plant. The Bank is the banking partner for the projects...
Studies show that more than 600 million women and girls around the world lack the means to manage their menstrual cycle. To combat this problem, Grindrod teamed up with Be Girl and gave away 500 units of reusable sanitary panties and pads in Maputo. In order to promote access to opportunities...
Standard Bank was recently named as Africa's most valuable banking brand by 2022 in Brand Finance's annual ranking of the 500 strongest banking brands in the world. Every year, Brand Finance tests the top 5,000 brands and publishes about 100 reports, ranking them in different sectors and...
The France Mozambique Chamber of Commerce and Industry, CCIFM, in partnership with Pernod Ricard Mozambique, promoted last Thursday, a "Business Networking" aiming to share constructive synergies by establishing new business partnerships. The meeting is part of the present strategy engaged by Pernod Ricard Mozambique, after two years of restrictions following the...
The Hidroelétrica de Cahora Bassa (HCB) company recorded net profits of 10.2 billion meticais in the financial year ending on 31 December 2021. This is the highest value ever, according to the statement sent to MZNews. According to the statement, this result was supported by an increase in sales of 12.5% to 28,986.4 million...
Absa Bank Mozambique has just been recognized by the British magazine Global Banking & Finance Review, as the bank with the "Best Corporate Strategy ESG Mozambique 2022". This is an award that evaluates a set of practices and standards that define the level of sustainability of the operations of an Organization. The distinction also indicates that...