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FNDS disponibiliza 15 milhoes de dólares para financiar agricultura na Zambézia

FNDS provides 15 million dollars to finance agriculture in Zambezia

The National Fund for Sustainable Development (FNDS) will make 15 million dollars available to finance small and medium-sized companies operating in the agribusiness sector. The amount, which varies between 6 and 63 million meticais, is specifically aimed at those operating in the field of seed production and processing and cashew agro-processing. José...

Angola inaugurou o seu maior projecto de diamantes para o qual já foram investidos 635 milhões de dólares

Angola inaugurated its largest diamond project for which 635 million dollars have already been invested

On Monday, the President of Angola, João Lourenço, inaugurated the country's largest diamond exploration project, the Luele mine, for which the consortium has already invested 635 million dollars. The Sociedade Mineira do Luele consortium is made up of Catoca with a 50.5% stake, Angolan state diamond company Endiama, 25%,...

Construtora portuguesa vai ao mercado para emitir até 60 milhões de euros em obrigações

Portuguese construction company goes to the market to issue up to 60 million euros in bonds

In an operation aimed only at professional investors, the Portuguese construction company Mota-Engil will issue between 50 and 60 million in bonds. Mota-Engil announces the launch of a new subscription offer for book-entry and registered bonds with a nominal unit value of one thousand euros, a minimum global value of 50 million euros and...

Governo contesta decisão que trava exportações de feijão-bóer para a Índia

Government challenges decision to halt cowpea exports to India

The Mozambican government, through the Ministry of Industry and Trade (MIC), announced on Wednesday that it is filing a legal challenge to the decision of the Administrative Court which, almost a month ago, suspended the process of exporting pigeon peas to India. The suspension, which is the result of a lawsuit filed by the company Mazua Comercial,...

Eni Rovuma: Salários de estrangeiros são 20 vezes superiores aos dos moçambicanos no projecto de gás

Eni Rovuma: Salaries of foreigners are 20 times higher than those of Mozambicans in the gas project

Foreign citizens hired to work on the Coral Sul Area 4 gas project, developed by Italy's ENI Rovuma Basin, earn salaries between eight and 20 times higher than Mozambicans in the same company, with equivalent technical qualifications and doing the same job. There are around 200 Mozambicans working on the platform. The complaint...

Gás do Búzi: Má formação da mão-de-obra local pode levar à exclusão de jovens e convulsão social

Gas do Búzi: Poor training of local workforce could lead to exclusion of young people and social upheaval

The host communities of the gas exploration project in the district of Búzi, in Sofala province, are denouncing the lack of transparency in the publication of job opportunities. According to the Center for Public Integrity (CIP), the government received 2.75 million dollars between 2009 and 2023 to train staff in these communities. The aim is to integrate...

Nyusi: ?Linha Beira ? Machipanda reforça cooperação económica entre Moçambique e Zimbabwe?

Nyusi: ?Beira ? Machipanda line strengthens economic cooperation between Mozambique and Zimbabwe?

The Head of State, Filipe Nyusi, believes that the Beira ? Machipanda Line, which connects to Zimbabwe, will strengthen economic cooperation between Mozambique and Zimbabwe and the rest of the Southern African Development Community (SADC) countries. The President of the Republic said that the Machipanda railway line is a...