Monthly Archives: August 2018

SOUTH AFRICA: PRES RAMAPHOSA TRAVELS TO CHINA FOR STATE VISIT

PRETORIA– South African President Cyril Ramaphosa will on Friday travel to the People’s Republic of China (PRC) for a State Visit to be hosted in Beijing by President Xi Jinping.

The Republic of South Africa and the People’s Republic of …

SOUTH AFRICA’S RAND RECOVERS AFTER EMERGING MARKET ROUT

PRETORIA– South Africa’s rand firmed early on Friday as traders consolidated positions after the unit fell more than two percent in the previous session alongside other emerging market currencies.

At 0640 GMT the rand was 0.22 percent stronger at 14.68 …

COMPANY BUILDING BRIDGE ACROSS MAPUTO BAY PROMISES COMPETITIVE TOLL CHANRGES

MAPUTO– Maputo-Sul, the public company which will manage the suspension bridge over Maputo Bay which is nearing completion, has pledged that tolls charged for vehicles to use the bridge will be lower than the charges currently levied by ferries now …

MOZAMBICAN BANK PROVIDING LINE OF CREDIT FOR SMMES IN AGRICULTURAL SECTOR

MAPUTO)– Mozambique’s second largest commercial bank, the Commercial and Investment Bank (BCI), has announced the launch of a line of credit of 500 million meticais (about 8.5 million US dollars) to finance small, micro and medium-sized enterprises (SMMEs) involved in …

EDITOR OF MOZAMBICAN WEEKLY ACQUITTED OF LIBEL CHARGE

MAPUTO– Matias Guente, the executive editor of the weekly newspaper, Canal de Mocambique, has been acquitted by the Maputo City Court on libel charges brought against him by a former director of the Bank of Mozambique, Joana Matsombe.

The case …

MAPUTO APPROVES PLAN TO COMBAT GENDER-BASED VIOLENCE

MAPUTO– The Mozambican government has approved a National Plan for Preventing and Combatting Gender-Based Violence (GBV) which will run from 2018 to 2021, says Deputy Minister of Culture and Tourism and Government Spokesperson Ana Comoana.

She told the media after …