Botswana President Mokgweetsi Masisi on Wednesday ordered the start of operations at a hard coal mine expected to produce about 1.4 million tons per year. "Botswana must take advantage of this opportune moment that has presented itself to us, to fully exploit this resource to feed emerging and diversified markets," Masisi said. From.
The Government and the potential Strategic Investors pre-qualified for the selection of the partner that will develop the Mphanda Nkuwa Hydropower project and associated infrastructures of energy transport will today hold a conference in Maputo. According to Radio Mozambique, which cites a document, it indicates that the session aims at presenting clarifications...
The inauguration of two buildings of the ministries of Justice, Constitutional and Religious Affairs, and Mineral Resources and Energy is part of the reform of the public administration system, to increase the efficiency, effectiveness, quality and dignity of the services provided to the public. This consideration was presented by the President of the Republic, Filipe Nyusi, in his speech...
China's major construction companies are failing to generate enough cash to meet their obligations, according to an analysis of their results, suggesting a worsening liquidity crisis in the country's property sector. Net profits of construction companies fell by an average of 188% in the first six months of 2022, year-on-year, from...
The real estate consulting firm Cushman & Wakefield estimates that investment in the sector in Portugal this year could reach 2.7 billion euros, compared to 2.1 billion euros in 2021, with the help of hotel and logistics. Speaking to Lusa, Eric van Leuven, general manager of Cushman & Wakefield in Portugal, highlighted "in...
China announced this Wednesday the opening of investigations on several top executives of state-owned real estate companies, for "serious violations of discipline and law", a euphemism used in the country for acts of corruption. This is yet another blow to a key sector of the Chinese economy that is already facing a slowdown in sales, a...
The Ministry of Combatants (MICO) has available 28 million American dollars, destined to the construction of 300 houses for the liberators of the country. This was announced on Saturday (20) in Guro, by Minister Josefina Mpelo, during her visit to Manica province, which ended on Sunday. Josefina ...
China's banks could face mortgage losses of up to $350 billion in a worst-case scenario. The 'Bloomberg' quoted by the portal Executive Digest, reports a crisis of several suspended projects that has damaged the confidence of hundreds of thousands of home buyers in the country, which has caused a...
According to the ranking of the British insurer 'CIA-Landlords', the Portuguese capital is the third "least viable" city to live in, surpassed only by its European counterparts London and Rome. The ranking was drawn up with data on the rent charged in the cities, determined by subtracting the cost of living, the average cost of rent and the salary...
One of the real estate markets with the greatest risk of a housing bubble is easing off the pressure. Home prices in Canada fell 0.6% a month in April, marking the first drop in two years, along with a 12.6% drop in sales, according to local real estate agents. According to the idealist portal, experts believe that rising rates...