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Tag: LUSA

Global news

Cyclone Jude Causes Widespread Disruption in Nampula, Mozambique

March 13, 2025March 13, 2025 - by Carmen Mendez - Leave a Comment

Cyclone Jude has caused widespread power outages in northern Mozambique, leaving over 270,000 customers in Nampula province without electricity. The cyclone resulted in significant infrastructure damage and has affected thousands …

Cyclone Jude Causes Widespread Disruption in Nampula, Mozambique Read More
Business / Companies

Mozambique’s Internal Debt Exchange and Rising Debt Concerns in 2024

March 12, 2025March 12, 2025 - by Liam Nguyen - Leave a Comment

Mozambique exchanged 3,694 million meticais of internal debt for new issuance, totaling approximately 52.9 million euros. Despite an upper limit of 5.2 billion meticais, demand totaled 3,744.2 million meticais, showcasing …

Mozambique’s Internal Debt Exchange and Rising Debt Concerns in 2024 Read More
Climate change

Tropical Storm in Mozambique Influences Kenya’s Rainfall Patterns

March 11, 2025March 11, 2025 - by Allegra Nguyen - Leave a Comment

Tropical Storm Jude struck Mozambique, causing severe flooding and influencing unexpected rainfall in Kenya. Dr. David Gikungu from the Kenya Meteorological Department linked the storm to changes in rain patterns. …

Tropical Storm in Mozambique Influences Kenya’s Rainfall Patterns Read More
Companies

Portugal and Timor-Leste Collaborate on Metallic Mineral Exploration

March 11, 2025March 11, 2025 - by Carmen Mendez - Leave a Comment

Portugal’s LNEG is collaborating with Timor-Leste to assess its mineral potential, identifying resources like gold, chromium, nickel, and copper. The initiative includes training locals and is intended to support the …

Portugal and Timor-Leste Collaborate on Metallic Mineral Exploration Read More
Politics

Venâncio Mondlane to Attend Hearing at Attorney General’s Office in Mozambique

March 10, 2025March 10, 2025 - by Liam Nguyen - Leave a Comment

Venâncio Mondlane, a Mozambican politician, will attend a hearing at the PGR in Maputo on Tuesday related to a criminal case against him. His hearing was postponed from an earlier …

Venâncio Mondlane to Attend Hearing at Attorney General’s Office in Mozambique Read More
Business / Companies / economics

Record Mandatory Reserves for Mozambican Banks Reach €4.4 Billion

March 10, 2025March 10, 2025 - by Sofia Nawab - Leave a Comment

Mozambican banks’ mandatory reserves reached a record €4.441 billion in December 2024, up 15% from the previous year. The reserves have broken monthly records consistently for 18 months. The Bank …

Record Mandatory Reserves for Mozambican Banks Reach €4.4 Billion Read More
Business / economics

Service Disruptions for Tmcel Customers in Maputo Due to Vandalism

March 7, 2025March 7, 2025 - by Sofia Nawab - Leave a Comment

Tmcel, a Mozambican mobile operator, faces service disruption in Maputo due to vandalism, affecting customers’ voice and data capabilities. The company reported reduced financial losses in 2023 and is focusing …

Service Disruptions for Tmcel Customers in Maputo Due to Vandalism Read More
Politics

Mozambique Police Clash with Opposition Supporters Amid Unrest

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

Mozambican police opened fire on opposition supporters during a protest in Maputo, injuring one individual. The demonstration occurred ahead of President Daniel Chapo’s signing of an agreement related to funding …

Mozambique Police Clash with Opposition Supporters Amid Unrest Read More
Politics

Mozambican Police Violence: Incident During Mondlane’s Political March Injures Entourage Member

March 5, 2025March 5, 2025 - by Carmen Mendez - Leave a Comment

A member of Venâncio Mondlane’s entourage was injured when police opened fire on his caravan during a march in Maputo. The incident, marked by the use of tear gas and …

Mozambican Police Violence: Incident During Mondlane’s Political March Injures Entourage Member Read More
Business / Companies / economics

Mozambique’s Debt Interest Costs Rise 12% Amid Growing Economic Concerns

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

In 2024, Mozambique’s debt interest costs rose by 12% to €857.4 million. Domestic debt payments grew by 13%, while external payments increased by 9.5%. Total public debt surpassed €15.8 billion, …

Mozambique’s Debt Interest Costs Rise 12% Amid Growing Economic Concerns Read More

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