The President of the Republic, Filipe Nyusi, makes, today, Thursday, a Communication to the Nation under the Situation of Public Calamity
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Standard Bank's suspension from the foreign exchange market creates uncertainty for entrepreneurs
The Confederation of Mozambican Economic Associations - CTA considers that Standard Bank's suspension from the foreign exchange market is creating uncertainty in the business community, warning that 45% of the monthly import volume is done through that bank
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Standard Bank's suspension from the foreign exchange market is already hurting clients
Standard Bank's suspension from the foreign exchange market is already causing losses for private and corporate clients
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Standard Bank announces "continuity" after Bank of Mozambique punishment
Standard Bank announced Tuesday it has a plan to remain active in Mozambique, a day after the central bank announced sanctions for manipulating the foreign exchange market
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Bank of Mozambique fines Standard Bank $290 million for "serious violations
Standard Bank will pay a fine of 290 million meticais (four million euros), following the suspension of the bank for one year from all foreign exchange market activities for "serious violations".
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Standard Bank Moçambique suspended from foreign exchange activity for a year
Standard Bank, one of the largest commercial banks operating in Mozambique, was suspended on Monday, 12, by the Bank of Mozambique from all foreign exchange and currency conversion activity for a period of up to one year, due to "serious prudential and foreign exchange violations"
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Paying salaries in cryptocurrencies? Argentina wants to follow El Salvador's example
The Argentine Parliament is debating a bill that could allow, on the one hand, the payment of salaries in cryptocurrencies, or else the conversion of this remuneration from pesos to digital currencies, on the same day of the transfer, through a financial operation of the intermediary bank
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Portuguese businessmen maintain interest in investing in Cabo Delgado
The climate of instability present in Cabo Delgado province, in the north of the country, does not change the intentions of Portuguese businessmen to invest in the region, although it is "perfectly normal to reach the conclusion that the situation of insecurity causes difficulties for economic activity".
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"LAM incidents are not caused by lack of aircraft maintenance"
The airline Linhas Aéreas de Moçambique (LAM) has registered, in the last six months, at least three incidents with its aircraft, one of which was related to a glass delamination in mid-flight
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Iceland tests a four-day-a-week working day. And it was a success
Iceland has tested a working day of only 35 to 36 hours per week (allowing four days work) which is now considered "a success" as there has been no drop in productivity despite less working time per week