The Confederation of Economic Associations of Mozambique (CTA) is pleased with the government's recent approval of the Medium-Term Public Debt Management Strategy 2025-2029. This is a highly important measure for public debt management and the consolidation of the country's financial policies, as it is geared towards...
The Confederation of Economic Associations of Mozambique is proposing the creation of an industrial financing line, aimed at strengthening productive capacity and boosting the private sector. The President of the CTA, Álvaro Massingue, suggests that the initiative be implemented through existing financial mechanisms, including commercial banks, to boost industrialization in the country. “THE CTA...
Vodacom in South Africa has announced that it has reached an out-of-court settlement with Kenneth Nkosana Makate - the man who created the “Please Call Me” service - to put an end to a lawsuit that has been going on for 15 years. Makate worked as a junior employee at the operator, and at the time, in 2001, created the service...
Absa Bank Moçambique and Deloitte held the second edition of the Banking Forum this Wednesday (05) in Maputo, under the slogan: “Sustainable Innovation and Regulatory Confidence”, which brought together leaders from the banking sector, regulators and national and international experts. The aim of the event was to promote debate on the future of banking in Mozambique,...
The Minister of Mineral Resources and Energy, Estêvão Pale, received the head of South Africa's energy and electricity portfolio, Kgosientsho Ramokgopa, in Maputo on Thursday (06), as part of the strengthening of bilateral cooperation in the sector and in preparation for the binational meeting between the Heads of State of the two countries, scheduled for...
The Mozambican government intends to stimulate artisanal fishing to make it more solid and sustainable, contributing to the growth of the blue economy. This assurance was given this Thursday (06) in Maputo by the Secretary of State for the Sea and Fisheries, Momade Juízo, during the opening of the 7th Annual Meeting between the Government and Civil Society Organizations...
The Tony Elumelu Foundation and its partners (the European Union, GIZ German Cooperation and the Organization of African, Caribbean and Pacific States (OACPS), have launched the 2nd edition of the Women's Entrepreneurship Program for Africa (WE4A), which aims to empower women by funding sustainable business projects. The WE4A Program is being implemented...
Niassa province is beginning to take on a strategic role in the economy of northern Mozambique, leaving behind the image of a “distant province” to assert itself as the new point of convergence of the so-called Development Triangle - a territorial alliance that includes Niassa, Nampula and Cabo Delgado, with the aim of boosting agricultural production,...
The governor of the Bank of Mozambique (BdM), Rogério Zandamela, said this Wednesday (05), in the city of Pemba, Cabo Delgado, that the country continues to have good reserves of cash - which gives security to the economy and helps the metical to maintain its value. According to the official, who was speaking at the opening of the...
The Minister for Planning and Development, Salim Valá, said today that, as of November 3, more than 110,000 project proposals had been submitted to the Local Economic Development Fund (FDEL). Specifically, “... 112,197 project proposals were received, of which around 67% were from individuals, 32% from Associations and Cooperatives, and 1% from Micro and...