Malawi will remain on the list of priority countries with which Mozambique intends to raise the rates of trade aiming to leverage the economies of both countries. This is the belief of the president of the Confederation of Economic Associations of Mozambique, CTA. Agostinho Vuma who was speaking this Saturday at the opening of the Mozambique Malawi Business Forum in...
Government guarantees to continue to facilitate initiatives to boost cooperation with Malawi
The Mozambican government will continue to facilitate initiatives aimed at boosting cooperation with Malawi. The position was reiterated, this Thursday, by the President of the Republic, Filipe Nyusi, in Matambo, Changara district, Tete province, at the launching of the first stone for the construction of the electricity line interconnecting Mozambique-Malawi. The ceremony was attended by...
SME founders seek to strengthen their companies
A total of 21 founders and managers of Small and Medium Enterprises (SMEs) have been participating virtually since last Thursday in iCreate, an initiative to strengthen companies in this segment that are already established in the market and have high potential to grow, in order to make them more competitive and sustainable in the long term. The event is promoted by Standard...
"Completion of Nacala Port rehabilitation works will facilitate cross-border trade"
The President of the Republic, Filipe Nyusi, said this Thursday that with the completion of the rehabilitation and expansion works of the port of Nacala, scheduled for April 2023, cross-border trade will be facilitated. The Head of State made this statement, this afternoon, during his visit to the port of Nacala, in Nampula, in the company of...
First stone laid for Mozambique-Malawi regional interconnection project
The President of the Republic, Filipe Jacinto Nyusi, has just laid the foundation stone of the Mozambique-Malawi regional interconnection project at Matambo substation, Changara district in Tete. This project aims at supplying electricity to Malawi, which should begin with the construction of 142 kilometers of line, the...
Gas-powered buses expected to circulate next week
The 80 buses recently imported by the Government for the metropolitan region of Maputo will be put into circulation next week, after the organizational and bureaucratic issues have been resolved. Armando Bembele, administrator of the Metropolitan Transport Agency (AMT), said that the initial expectation was that the buses would be circulating since last March 15,...
Authorities prepare the reopening of the port of Mocímboa da Praia despite uncertainties
The government says it is creating conditions for the strategic port of Mocímboa da Praia, in Cabo Delgado, destroyed by the insurgency, to operate again starting next May. According to VOA's news, the port of Mocímboa da Praia is of capital importance for the logistics of both the Mozambican military and the...
BCI recorded net income of 5.2 billion meticais in 2021
Banco Comercial e de Investimentos (BCI), controlled by CGD and BPI, almost doubled its net profit in 2021 compared to the previous year, to 5.2 billion meticais. According to the report and accounts consulted today by Lusa, the year 2021 "is marked by the fact that, under difficult circumstances, the BCI has presented a very strong growth...
Netflix loses 200,000 subscribers for the first time in 10 years
The global provider of movies and TV series via streaming, Netflix for the first time in over a decade, has lost subscribers. There are 200,000 fewer users of the streaming platform globally in the first quarter of 2022, compared to the last three months of 2021. Its shares also retreated more...
Tmcel launches innovative service called "Mais Empresas
Mozambique Telecom (Tmcel) has just launched a new offer called "More Companies", which aims to provide free communication advantages among employees of private and public institutions and non-governmental organizations, at reduced rates. It is a corporate offer of voice, data and SMS that can be subscribed for a period of 6, 12 or 24 months...