Mozambique’s banking sector shines as a pillar of stability, facing a surge in public debt with resilience. As of March, banks reported a 25.1% solvency ratio and a 50.2% liquidity ratio, significantly exceeding regulatory requirements. This robust financial health equips the sector to withstand potential economic upheavals. Yet, challenges loom large. The nation’s public debt […]
Related Posts
Venezuelan PDVSA and Spanish Repsol Aim for Highest Level of Cooperation
Rafael Tellechea, Venezuela’s head of PDVSA, recently visited Spain to deepen ties with Repsol, a major energy firm. From Murcia’s Cartagena Industrial Complex, he discussed enhancing their partnership. The plan? To process Venezuelan oil in Spain and increase Venezuela’s oil output. Repsol’s facilities are well-equipped for Venezuelan crude, signaling strong collaborative potential. Tellechea met with […]

Top 10 tips to maximize your iPhone’s battery life
There’s nothing worse than spending a lot of money on a nice new phone only to have a shortened battery life, curtailing its usefulness. Various factors can impact your iPhone’s battery life quality and quantity. “Hi, if your iPhone is plugged in and finishes charging, does it damage [the] phone or charger if it is […]
Dollar’s Decline Linked to U.S. Labor Market and Global Commodity Trends
In a volatile trading session, the U.S. dollar experienced slight fluctuations against the Brazilian real, closing at R$5.6397, reflecting a minimal 0.01% decline. This minor adjustment caps a day marked by global economic cues and commodity price shifts, with a particularly keen focus on the U.S. labor market’s latest data. The dollar’s journey throughout the […]