The Deputy Minister of Economy and Finance, Amílcar Tivane, challenged the insurance companies operating in the country to create inclusive services in order to cover the low-income population. According to the deputy minister, who was speaking on Wednesday in Maputo at the 2nd Annual Insurance Conference, on the theme of "insurance in times of change", the...
Nampula: Contractors abandon state works due to lack of disbursement of funds
A total of 328 contractors have abandoned works that had been awarded by the government in Nampula province, northern Mozambique, due to the alleged lack of disbursement of funds for the execution of the contracts. This is an unquantified number of works in the education and health sector - classrooms and health units - in various...
Standard Bank launches credit line of up to 2 million meticais for civil servants
Standard Bank has announced the launch of Crédito funcionário público, its new credit line aimed at improving the well-being of civil servants in Mozambique. This exclusive offer, according to the bank, provides civil servants with a fixed and competitive interest rate, along with unique benefits. "One of the main advantages of...
More than 56,000 tourists have already benefited from visa-free travel in Mozambique
More than 56,000 people from 29 countries have already benefited from the electronic visa for tourism and business purposes since the implementation of measure 13 of the Economic Acceleration Package (EAP) began in December 2022 until last March. This measure allows visa exemptions for citizens of 29 countries and the granting of...
FACIM 2024 could attract around 17,000 exhibitors from different countries
The Maputo provincial government expects around 17,000 exhibitors, both national and foreign, to take part in the 59th edition of the Maputo International Fair - FACIM 2024. It will be held at the Ricatla International Fairs and Exhibitions Center, located in the Marracuene district, under the slogan "Diversification of the National Economy in the Context of...
LAM debts leave passengers stranded in Lisbon
The President of the Assembly of the Republic, Esperança Bias, and the national soccer team, the Mambas, were stranded in Lisbon last Wednesday due to debts owed by the company Linhas Aéreas de Moçambique (LAM) to the Portuguese company Euro-Atlantic Airways (EAA). According to this week's edition of the Savana newspaper, LAM had to find...
Cabo Delgado: Christian Council warns of the risk of worsening land conflicts in mining areas
The Christian Council of Mozambique is warning of worsening land conflicts involving mining companies operating in Cabo Delgado and displaced people returning to their areas of origin. According to the council's delegate in Cabo Delgado, Emerson Ubisse, there are recurring complaints about management problems and access...
Montepuez rubies sold for almost 70 million dollars at June auction
Colored gemstone miner Gemfields sold 68.7 million dollars worth of mixed-quality rubies at its June auction, with 97% of the lots under offer lost, the company announced in a statement. The rough rubies were mined by Montepuez Ruby Mine, which is 75% owned by Gemfields and 25% by its...
Mozambique recovers 69 containers of wood that had been illegally exported to China
The Mozambican authorities have recovered a total of 69 containers of precious wood that had been illegally exported to the People's Republic of China from the port of Pemba by undisclosed groups operating in the area of logging. The figures were revealed on Thursday by the Minister of Land and Environment, Ivete Maibaze, at the...
Port of Beira sets new productivity record
Cornelder de Moçambique, through its General Cargo Terminal, recently set a new productivity record for the shipment of granite blocks, achieving an average daily gross productivity of 6,357 tons, which exceeds the general average of 3,400 tons per day. The operation was carried out in 39 hours, between the 28...