economy

economy

Global Merchandise Trade Sees Growth Ahead of Tariffs

Global Merchandise Trade Sees Growth Ahead of Tariffs

Africa-Press - Mozambique. The World Trade Organization (WTO) reported Tuesday that global merchandise trade expanded 5.3% on a yearly basis in the first quarter...
Bitcoin Surpasses $123,000 Hitting New Record Highs

Bitcoin Surpasses $123,000 Hitting New Record Highs

Africa-Press - Mozambique. Bitcoin continued its rally early Monday, reaching a new record of $123,000 as of around 0740GMT. The cryptocurrency has rallied for...
Silver prices hit highest level since 2011

Silver prices hit highest level since 2011

Africa-Press - Mozambique. The price of silver hit the highest level since 2011, reaching $39 per ounce on Monday as of 1020GMT, amid trade...
Draft Law Establishes Mozambique's Local Content Agency

Draft Law Establishes Mozambique’s Local Content Agency

Africa-Press - Mozambique. The Mozambican government intends to move forward with a law requiring oil and gas companies in the country to purchase locally...
Mozambique Boosts Sea Cucumber Production in North

Mozambique Boosts Sea Cucumber Production in North

Africa-Press - Mozambique. A Mozambican company is implementing a sea cucumber production project in northern Mozambique, geared toward local community consumption and focused on...
Eskom Acquires 66% of Cahora Bassa Electricity

Eskom Acquires 66% of Cahora Bassa Electricity

Africa-Press - Mozambique. South African company Eskom purchased 66% of all electricity generated in 2024 by Mozambican company Hidroelétrica de Cahora Bassa (HCB), despite...
Culture is an asset for the country’s economy

Culture is an asset for the country’s economy

Africa-Press - Mozambique. Culture is an asset for the national economy, argued Mozambique’s Secretary of State for Arts and Culture, Matilde Muocha, during a...
Corumana Dam Strategic for Water Supply and Agriculture

Corumana Dam Strategic for Water Supply and Agriculture

Africa-Press - Mozambique. During a recent visit, Mozambique’s Minister of Public Works, Housing, and Water Resources, Fernando Rafael, highlighted the critical importance of the...
Deflation of 0.07% in June

Deflation of 0.07% in June

Africa-Press - Mozambique. Prices in Mozambique suffered more deflation in June, for the third consecutive month and the seventh in 14 months, influenced by...
Vulcan Honored for Tete Airport Rehabilitation Contribution

Vulcan Honored for Tete Airport Rehabilitation Contribution

Africa-Press - Mozambique. Vulcan has been honoured by Mozambique Airports with a Certificate of Merit awarded in recognition of its commitment and professionalism in...