According to Rand Merchant Bank (RMB), the corporate and investment banking partner of FirstRand Bank, of which FNB Mozambique is an integral part, the negative effects of the war between Russia and Ukraine continue to affect African economies generally. Along with the lingering effects of the pandemic, this situation...
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April 27, 2022April 27, 2022Latest, Market Announcements, National
DP World's new terminal increases efficiency in citrus exports
DP World in Maputo has successfully processed the first export of chilled citrus from the 2022 crop. Through a combination of new solutions, including a direct shipping service, DP World in Maputo has proven to be the ideal channel for the South African citrus industry exporting to the Middle East and South East...
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April 26, 2022April 26, 2022Latest, Market Announcements, National, Living
Cavalo do Mar, Camões and Nedbank hold "Resilience" literature festival
Editora Cavalo do Mar and Camões - Portuguese Cultural Centre in Maputo, in partnership with Nedbank Mozambique, are promoting the RESILIÊNCIA - Literature Festival, 5th edition, on the 3rd and 4th of May 2022, having as motto the celebration of the centenary of birth of two great names of literature in Portuguese language,...
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April 25, 2022April 25, 2022Latest, Market Announcements, National
Standard Bank's Economic Briefing scheduled for May
Under the theme "Macroeconomic Update and Outlook", Standard Bank will hold, on May 5, in Maputo, the Economic Briefing. According to the statement of the banking institution, the event aims to provide important insights on the economy to its customers and partners, to guide them in making business decisions. The event will count with the...
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April 22, 2022April 22, 2022Latest, Agriculture, Market Announcements, National
Moza banco and IFAD sign rural funds management contract
The Ministry of Agriculture and Rural Development through the International Fund for Agricultural Development (IFAD) and Moza Banco have just signed an Agreement for the Management of a Rural Enterprise Finance Project Fund (REFP) until September 2024. This is a project whose objective is to contribute to the improvement of livelihoods...
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April 19, 2022April 19, 2022Latest, Market Announcements, National
Sumol + Compal promotes the National Unity Marathon by skater Donaldo Salvador
Sumol + Compal will support the first day of the sports calendar, of the skater Donaldo Salvador, in the National Unity marathon. A race where the skater will cover the whole country, a distance of over 3000 km from north to south of Mozambique, starting on May 1, in the city of Pemba and...
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April 11, 2022April 11, 2022Latest, Market Announcements, Economy, National
Millennium bim elected "Best Bank of Mozambique 2022
Millennium bim was highlighted as one of the best financial institutions in Africa, having been recognized as the best bank for its performance in the Mozambican banking sector. The excellence of service, capacity for innovation and financial robustness were determining factors for Millennium bim to win the prize "Best Bank of Mozambique 2022" awarded annually...
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April 11, 2022April 11, 2022Latest, Market Announcements, National
CFAO and Cartrack create ground mobility solutions
From now on, all Toyota and Hino vehicles purchased in Mozambique are factory installed with the Cartrack system and free subscription for 3 years. The Connected service for Toyota and Hino was launched earlier this month by CFAO Motors, a leader in Africa, in collaboration with Cartrack, wholly owned...
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April 9, 2022April 9, 2022Latest, Market Announcements, Economy, National
BM makes presentation on economic conjuncture and inflation perspectives
The Bank of Mozambique (BM) held a public presentation on the economic environment and inflation outlook (CEPI), this Friday (08). This is the first session since the institution adopted the MIMO rate, as the main monetary policy instrument, in April 2017. The presentation, with news coverage, was made by the Director of the Department of...
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April 9, 2022April 9, 2022Market Announcements
FNB Mozambique collaborates with RMB to win Best Investment Bank in Mozambique by Global Finance magazine
FNB Moçambique received the distinction of Best Investment Bank in Mozambique in 2022, in collaboration with corporate and investment partner Rand Merchant Bank (RMB). The award, from the prestigious Global Finance magazine recognizes the bank's role in the conclusion of significant deals carried out in close collaboration with RMB. FNB...