The total value of the top 100 in this year's Kantar BrandZ ranking shows an increase of 42% which has set a new record: more than seven million dollars
Markets
Meet the 10 most attractive countries to invest in renewable energy
This year's edition of EY's Renewable Energy Country Attractiveness Index (RECAI) shows that half of the top 10 most attractive countries for renewable energy investments are European nations
Giants unite to multiply travel supply
eDreams and Travelport have signed an agreement to strengthen their post-pandemic travel offering
"Total will assume responsibility towards contractors" - Government
The Mozambican government said Wednesday that TotalEnergies will "assume its responsibilities" towards the companies contracted for the gas project in the Rovuma basin, admitting that it is "a process that will take some time".
Italian Eni maintains gas exploration project in Cabo Delgado
Italian company plans to start operating the natural gas exploration unit on the Afungi peninsula in 2022. Project consists of underwater wells and floating installation with production of 3.4 million tons
Government authorizes purchase of Mitsui's shares in Vale
The government, through the Ministry of Mineral Resources and Energy (MIREME), authorized the indirect transfer of all 15% of Mitsui's stake in Moatize Mines to the mining company Vale
CTA proposes arbitration to avoid "Legal War" with TotalEnergies
The Confederation of Mozambican Economic Associations (CTA), the country's main employers' association, on Wednesday advocated that problems between oil company TotalEnergies and Mozambican companies be resolved in local arbitration to avoid a "legal war"
Only safety will return Galp's investments in Rovuma
Galp Energia, one of the partners in a gas consortium led by Exxon Mobil in Mozambique, said it will not invest in its onshore units until the Mozambican authorities guarantee security and social stability, which may take time
Emirates announces net losses of $5.5 billion in 2020
The Middle East's largest airline, Emirates, announced Tuesday a net loss of $5.5 billion last year
Mozambique may increase gas exports to South Africa
Mozambique may increase gas exports to South Africa
Around 12,000 workers in the tourism sector are still without a job
About 12,000 workers in the tourism sector remain unemployed since they lost their contracts due to the crisis caused by the covid-19 pandemic
Pandemic retracts 53% tourist arrivals in the country
About 958,000 tourists entered the country during the past year, a decrease by 53% when compared to 2019, when there were about 2 million visitors