In order to help reduce unemployment, Vulcan, in partnership with Tecnicol, has promoted the training of the local workforce through the Labor Market Preparation Program (PPMT), training young people from Moatize and Cateme in technical-vocational courses. The courses, which started at the beginning of last year and included training...
Exxon Mobil revealed on Tuesday that it achieved a net profit of 56 billion dollars in 2022, raising around 6.3 million dollars an hour last year. Exxon Mobil said it broke its own record as well as recorded and all-time high in the Western oil industry. The results of the...
Hidroeléctrica de Cahora Bassa (HCB) clarified to Lusa yesterday that the 225 million euro credit it has available for investments will only be used if necessary and within the scope of good management practices. The amounts "can be disbursed if the company needs it and deems it necessary during the implementation of Capex Vital", a...
Hidroeléctrica de Cahora Bassa (HCB) S.A, one of Africa's largest independent power producers, recorded an overall production of 15,753 GWh in 2022, corresponding to 5.09% above the volume of production achieved in 2021. According to a statement sent to our newsroom, this production generated considerable revenue and strengthens the financial and performance indicators of the...
With the aim of improving the viewing experience of television content, DStv and GOtv Mozambique launched today, January 25, the "up package" campaign valid from January 25 to March 31, 2023. The promotion offers active and inactive customers a wider range of content at super-affordable prices. In this...
On Tuesday, Microsoft presented its results for the October-December quarter, which revealed a 12% drop in profits, to 16.43 billion dollars, reflecting the economic uncertainty that led it to lay off 10,000 workers. Excluding extraordinary results, profit was 2.32 dollars per share, still above Wall Street's expectations, where...
A fault has once again affected the electricity supply to 15,000 people in Quelimane, in the center of the country, after a similar problem a week ago, the public electricity company announced. The "interruptions in the power supply" affect neighborhoods in the provincial capital of Zambézia, "due to a malfunction...
Jazz, soul, blues, hip-hop, Rnb and Afrobeats are the musical styles of the latest Pop-Up TV channel Qwest TV (owned by Quincy Jones) available on the DStv platform. On this channel, viewers who admire these musical styles will have exclusive access to high-quality music, great concerts, documentaries and unpublished archive interviews. The global platform...
A new handling record was achieved by the Port of Maputo in 2022, with an increase of 20% compared to 2021. The total volume handled in 2022 was 26.7 million tons, compared to 22.2 million tons in 2021. This growth reflects the efficient use of the rehabilitated quays 6, 7, 8 and 9, which were inaugurated...
In all, according to the Center for Democracy and Development (CDD), a non-governmental organization (NGO), the Cahora Bassa Hydroelectric Company (HCB) has received 247 million euros out of a total of 507 million euros sought by the company. "Strangely, there is no information on the company's official website about the loan packages in question, their...