Millennium bim is marking a new chapter in its path of innovation with the reopening of its branch in the Shoprite shopping center in Maputo city. The reopening of this refurbished branch represents a strategic turning point, introducing an innovative image concept and a totally customer-centric service model. The Shoprite counter is...
Access Bank Mozambique has just been awarded the prize for "Best Bank in Corporate Social Responsibility" by Global Brands Magazine. The prestigious magazine recognized the Bank's ongoing commitment to social responsibility initiatives and the implementation of policies that defend sustainable practices. Since it began its...
Fidelidade ? the group to which Fidelidade Ímpar belongs, was considered the second best insurer in Europe and the fourth best in the world in terms of sustainability. This ranking was awarded by Morningstar Sustainalytics, an international benchmark company that has been producing a global sustainability ranking for over 30 years. In all...
Companhia de Seguros da África Austral, S.A (Austral Seguros, SA), established in 2008, closed its doors on Tuesday (05), following a court decision in Maputo. A video circulating on social media shows the moment when a truck removed the company's office goods from its headquarters,...
Electricidade de Moçambique (EDM) has announced a partnership with Africa50 to develop new solar power plants in Cabo Delgado and Nampula. The projects include solar parks and a floating solar plant on the Chicamba dam. In a statement, quoted by DW, EDM said it had signed a memorandum of understanding with Africa50 for the "development of...
The Administrator of the Institute for the Management of State Holdings (IGEPE), Tomás Dimande, said last week that Tmcel's debt to banks and creditors should be renegotiated next year. Speaking at the Assembly of the Republic, he did not reveal the amounts involved. The aim of the measure is to guarantee the company's financial stability...
Mozambique, through the state-owned company Caminhos de Ferro de Moçambique, is about to buy a total of 10 locomotives from the Indian state-owned company Rail India Technical and Economic Service (RITES). This is a recent award (this November), in a deal worth 37.6 million US dollars. In a note to the Indian stock exchange, to which the...
The growth in demand for maize for beer production is affecting household food reserves in some districts of Nampula province, in the north of the country. Despite official figures indicating that the province has been seeing an increase in production levels of this cereal, the growth in demand from the brewing industry has...
The Minister of Economy and Finance admitted in Parliament on Wednesday that the debts of communications company Tmcel and Aeroportos de Moçambique (ADM) constitute a fiscal risk for the state. Max Tonela was speaking in response to a question from the Democratic Movement of Mozambique (MDM), the third largest party, on the "health of the...
The national director of the Mozambican State Patrimony, Albertina Furquia, said that the government is going to expand the circulation of information on contract work in the country, in order to guarantee transparency and combat corruption. "We want to use partnerships with the media and a portal for the circulation of information on...