The consulting firm NKC African Economics estimated last Friday that inflation in Mozambique is expected to rise from 3.1% last year to 5.3% this year due to the covid-19 pandemic and rising oil prices
National
Mining companies' contribution amounted to 1.3 billion meticais
The tax contribution of companies involved in the extraction of mineral resources in Tete province reached during the first quarter of this year about 1.4 million meticais
Government invests $13 million for universal electrification
The government will invest, over the next three years, more than 13 million dollars to increase the percentage of coverage in access to electricity from the national grid and other sources to 30% of the more than five million inhabitants of Zambézia province
INE estimates that the cost of living in Mozambique decreased in May
Mozambique experienced deflation in May, compared to the previous month
"Education in Mozambique has suffered damage that may be irreversible"
The quality of education in Mozambique has suffered damage from covid-19 that may be irreversible, the National Statistics Institute (INE) and the World Bank warn, following a survey of the pandemic's impact on urban households
Business sector unwilling to raise minimum wages
CTA - Confederation of Business Associations of Mozambique, the country's main employers' organization, announced Wednesday it was unwilling to raise minimum wages, comparing the state of companies to entities "in a coma" due to covid-19
South Africa wants more energy from Mozambique
South Africa's Energy Minister Gwede Mantashe said his country will need more power supplies from Mozambique to make up for the shortfall generated by the closure of coal-fired power plants
Families receive second tranche of post-Idai subsidy
The National Institute of Social Action (INAS) will begin paying the second tranche of the special subsidy intended for 32,000 vulnerable families who were victims of the 2019 Cyclone Idai
"Pandemic has reduced employment opportunities for Mozambicans"
A survey by the Mozambican National Institute of Statistics (INE) and the World Bank concludes that the covid-19 pandemic has reduced work opportunities for families in Mozambique's cities
World Bank predisposes to support "Growing Blue" conference
The World Bank Director for Mozambique, Madagascar, Mauritius, Comoros, Seychelles, Eastern and Southern Africa, Idah Z. Pswarayi-Riddihough, assured that that International Financial Institution will provide technical and financial support for the organization of the 2nd edition of the "Crescendo Azul" conference
Government seeks partnership for market study in Mphanda Nkuwa
The Ministry of Mineral Resources and Energy announced, a few days ago, that it is looking for a consultant to help in the study of the energy market to be generated by the Mphanda Nkuwa hydroelectric project
Government says SADC already has elements to decide on support against "terrorism
The government said this Thursday that the Southern African Development Community (SADC) states already have all the necessary information to decide on the type of support in the fight against armed violence in Cabo Delgado
