Public institutions, namely the State corporate sector, and private institutions owe $25 million to Electricidade de Moçambique (EDM) and plans are underway to clean up the debt
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Standard Bank already has a new CEO
Standard Bank announced this Thursday the appointment of William le Roux as interim chief executive officer (CEO), effective immediately, after approval by the Bank of Mozambique
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Private sector concerned about impact of tightening restrictions
The Confederation of Mozambican Economic Associations - CTA expressed concern this Thursday about the impact of the tightening of restrictions on covid-19 in the country, considering that the measures will limit the business machine
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July 29, 2021July 29, 2021Agriculture, Featured
ADB provides 45 M$ for agricultural infrastructure development in Gaza
The African Development Bank (ADB) will provide $45 million to finance the second phase of the project to develop agricultural infrastructure in Gaza
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"Lack of private sector robustness hinders access to higher finance"
The outgoing representative of the African Development Bank (AfDB), Pietro Toigo, argues that private companies in the country lack robustness, which makes it difficult for them to access a higher type of financing
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"Business environment in Mozambique and the region remains stable"
The President of the Republic and President-in-Office of the Southern African Development Community (SADC), Filipe Nyusi, said on Tuesday that the business environment in Mozambique and in most member states of the regional bloc, remains stable
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South Africa approves sending 1,495 troops to help Mozambique fight insurgents
South African President Cyril Ramaphosa has authorized the use of 1,495 troops to help neighboring Mozambique fight an insurgency linked to the Islamic State
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Covid-19: Mozambique has received 1.7 million vaccines since March
Mozambique has received, since March, about 1.7 million doses of vaccines against the new coronavirus, announced the Ministry of Health
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July 28, 2021July 28, 2021Latest, Featured, Economy, National, Social Responsibility
Germany provides 26 ME for humanitarian response in Cabo Delgado
The German government has provided 26 million euros for "urgent humanitarian response" in Cabo Delgado, in northern Mozambique, a province that has suffered attacks by armed groups since 2017
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Mozambique, 3rd African country with highest mangrove degradation levels
Mozambique is the third country in the African continent with the highest levels of mangrove degradation