Latest news with #Maputo
Zawya
4 days ago
- Politics
- Zawya
United Arab Emirates (UAE) leaders congratulate President of Mozambique on Independence Day
President His Highness Sheikh Mohamed bin Zayed Al Nahyan has sent a message of congratulations to President Daniel Chapo of Mozambique on the occasion of his country's Independence Day. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, and His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister and Chairman of the Presidential Court, sent similar messages to the President of Mozambique and to Prime Minister Maria Benvinda Levi on the occasion. Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.
Zawya
4 days ago
- Politics
- Zawya
Deputy President Mashatile to attend the 50th National Independence anniversary celebrations of Mozambique
Deputy President Shipokosa Paulus Mashatile will, on Wednesday, 25 June 2025, and on behalf of President Cyril Ramaphosa and the people of South Africa, attend the Republic of Mozambique's 50th National Independence Anniversary Celebrations scheduled to take place in Machava Stadium, Maputo. The President of the Republic of Mozambique, His Excellency, Daniel Chapo, has invited South Africa to its 50th National Independence Anniversary Celebrations. The 50th National Independence Anniversary will be celebrated under the theme '50 Years of Independence: Consolidating National Unity, Peace and Sustainable Development'. The people of Mozambique will use this occasion to acknowledge their achievements, reflect on the challenges they face, and how to turn Mozambique into a prosperous, democratic and peaceful country in the next 50 years. It is expected that the Celebrations will be preceded by a visit to the Mozambican Heroes Monument for a wreath laying ceremony in honour of 50 years of National Independence ahead of the main Celebrations at the Machava Stadium in Maputo. Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.
Zawya
02-06-2025
- Business
- Zawya
Bureau Veritas Strengthens Regional Presence in Southern Africa
In Johannesburg, the company's new office in Sandton, was officially inaugurated. The event was attended by local employees and the regional leadership from South Africa, Zambia, and Namibia. This relocation places Bureau Veritas ( at the centre of Southern Africa's financial and commercial hub. Following the inauguration, the Bureau Veritas team conducted visits to oil&gas and energy clients in neighbouring Maputo, Mozambique, bringing together key stakeholders and partners, reinforcing Bureau Veritas as the preferred partner in Testing, Inspection and Certification (TIC) sector in the region. It comes as Bureau Veritas Mozambique recently celebrated its 15th anniversary, with celebrations taking place in their new offices in Maputo. Khurram Majeed EVP Middle East, Caspian and Africa said 'As part of Bureau Veritas' LEAP | 28 Strategy, Southern Africa has been identified as a key region for the company's growth on the African continent. I was pleased to visit the teams here and see the strength and commitment across the region. Their passion and expertise show that we are driving real impact for our clients." Speaking on the regional head office move, Area Chief Executive for Southern Africa Gavin Hefer added,"Moving into the heart of Sandton puts us at the centre of the region's commercial and innovation ecosystem. We are closer to our clients, partners, and key stakeholders – and better positioned to serve them. We are excited about our prospects in Southern Africa and there is a lot of energy within our teams to continue driving value to our clients.' Bureau Veritas' in Southern Africa Bureau Veritas has been operating in Southern Africa since for over two decades leveraging its global expertise to support industry-specific needs across the region. With presence in South Africa, Zambia, Mozambique, Zimbabwe and Namibia, Bureau Veritas delivers testing, inspection and certification services to ensure safety, compliance and quality across the region to both the public and private sectors. Distributed by APO Group on behalf of Bureau Veritas. MEDIA CONTACTS: Mellony RAMALHO +27 (0)011 217 6300 Prince CEKESHE +27 (71 786 8388) Follow us on: LinkedIn X/Twitter About Bureau Veritas: Bureau Veritas is a world leader in inspection, certification, and laboratory testing services with a powerful purpose: to shape a world of trust by ensuring responsible progress. With a vision to be the preferred partner for its customers' excellence and sustainability, the company innovates to help them navigate change. Created in 1828, Bureau Veritas' 83,000 employees deliver services in 140 countries. The company's technical experts support customers to address challenges in quality, health and safety, environmental protection, and sustainability. Bureau Veritas is listed on Euronext Paris and belongs to the CAC 40 ESG, CAC Next 20, SBF 120 indices and is part of the CAC SBT 1.5° index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI For more information, visit The head office for Bureau Veritas Southern Africa is based in Sandton, Johannesburg – South Africa For more information, visit.
Reuters
30-05-2025
- Business
- Reuters
Mozambique central bank cuts main interest rate to 11.00%
MAPUTO, May 30 (Reuters) - Mozambique's central bank cut its main interest rate (MZMIMO=ECI), opens new tab to 11.00% from 11.75% in a decision announced on Friday. The Bank of Mozambique has now lowered its main lending rate for nine policy meetings in a row. The Southern African country's annual inflation rate slowed to 3.99% in April (MZCPIY=ECI), opens new tab from 4.77% in March, reversing a trend where inflation had been on the rise since October's disputed election.
Bloomberg
30-05-2025
- Business
- Bloomberg
Mozambique Extends Record Rate-Cutting Streak as Inflation Cools
Mozambique's central bank lowered its benchmark interest rate for a record 9th consecutive time, with inflation set to remain in the single digits. The Banco de Moçambique cut the rate — known by its Portuguese acronym of Mimo — to 11% from 11.75%, Governor Rogerio Zandamela said.
