The Port of Beira is experiencing a slight decrease in cargo handling from traditional operator countries such as Zimbabwe, Zambia, Malawi, Democratic Republic of Congo (DR Congo) and Botswana, due to the negative impact on the world economy and logistics as a result of the conflict between Russia and Ukraine. The fact was revealed...
The European Commission today awarded TAP's 18 daily slots at Lisbon airport to the airline EasyJet, after imposition to approve the restructuring plan, which came in first place overtaking the bidding competitor, Ryanair. "The European Commission has ranked EasyJet first among the airlines that applied for the...
The technology giants Apple and Google were crowned the most valuable brands in the world, dethroning the e-commerce multinational Amazon, according to an annual study of the 100 largest companies in the world conducted by Kantar. In the 17th edition of the list published annually by the consulting company, and cited by Noticias ao Minuto, the value of Apple...
The Portuguese company Matosmix - Nutrição Animal came out publicly accusing the new Russian McDonald's of the chain 'Vkusno & Tochaka' ("tasty and ready"), of having copied its logo. The first 'Russian McDonald's' opened doors on Sunday in Moscow in an attempt to replace the US fastfood chain, which left the country due to the war....
TAP risks defaulting on several major Portuguese banks if the Ministry of Finance does not authorize Parpública and the Directorate General of Treasury and Finance (DGTF) to confirm the maintenance of state guarantees for a loan of 147 million euros by Tuesday, June 14, reports the newspaper Económico....
Mozambique Telecom S.A. (Tmcel) is embroiled in debt and as the situation worsens the unsustainability of the company leaves no other solution but its privatisation by an international company, according to trade unionists. The unionists, representing some 1,800 Tmcel workers, say they fear that the company...
The president of the Confederation of Mozambique's Economic Associations (CTA) considers catastrophic the impact of armed violence in Cabo Delgado on the business sector, which has already lost about 50,000 jobs. For Agostinho Vuma, if the terrorist attacks do not stop, the business community and the workers will face even greater difficulties "because the...
Inditex, the group that includes brands such as Zara and Pull & Bear, had a profit of 760 million euros in the first quarter of the fiscal year (February to April), up 80% compared to the same period last year, advances a portal of News to the Minute, citing the company's statement. According to the same statement, the...
The Confederation of Mozambican Economic Associations (CTA) on Tuesday, in Pemba, launched the Mozambican company registration database, an online platform designed under the +Emprego Project, funded by the European Union and co-financed by the Camões Institute. I.T and implemented by CTA. Thus, companies will be able to register on the platform (http://ctabasededados.co.mz/) and will benefit from support in the...
EY announced this Monday that it has promoted 16 new partners in Portugal, Angola and Mozambique, as part of the appointment of 830 new partners of the global consulting firm, who will start working in this position as of July 1st. Of the 16 new partners in Portugal, Angola and Mozambique, four are from the firm's...