news

Eftilo has launched version 1.1.0 of its Stambecco Rhythmic Spectral Tremolo plugin for macOS and Windows systems. The update incorporates several technical enhancements originally developed for the company's newer Cratere plugin. These refinements include a new anti-aliasing technique for...

Sonarworks has introduced SoundID Reference Virtual Monitoring PRO, a new system designed to deliver highly accurate audio monitoring for music producers. The product focuses on generating personalized room simulations, moving beyond generic studio presets. It utilizes a specialized USB binaural...

Roland has released the Earth Electric Piano, a software instrument that consolidates a diverse collection of classic electric piano sounds. The company states that the instrument uses multi-sampling and modeling to produce expressive and dynamic tones. It features 19 distinct electric piano...

IK Multimedia has introduced the iLoud Sub, a new studio subwoofer promoted as the most compact on the market. Despite its small size, the unit is engineered to deliver deep bass response as low as 25Hz. It incorporates a 6.5-inch aluminum driver, dual passive radiators, and a 200-watt...

First Capital Bank, along with its staff pension fund, has agreed to sell its complete ownership in Makasa Sun to ASB Hospitality LLC for a total of 30 million dollars. The transaction involves all ordinary and preference shares in the hotel company, whose primary asset is the Kingdom Hotel in...

Meta announced it will remove all Australian users under the age of 16 from its Facebook and Instagram platforms ahead of a new national ban. The company stated it would begin notifying affected 13 to 15-year-old account holders that their access will be revoked, with the removal process...

South Africa and the European Union have pledged to support multilateralism, formalizing a partnership on critical minerals. The agreement was announced by South African President Cyril Ramaphosa alongside European Commission President Ursula von der Leyen and European Council President António...

The Mozambican government announced that its Office for the Management of Seized Assets generated significant financial benefits for the state in 2024, totaling over 416 million meticais. Finance Minister Carla Loveira reported to parliament that these benefits came from both revenue generation...

The president of ApexBrasil, Jorge Viana, has declared Africa a strategic priority for Brazil, emphasizing shared historical ties and economic complementarities. He made this statement ahead of the Brazil-Mozambique Business Forum in Maputo, an event reflecting the Brazilian government's focus...

Prime Minister Benvinda Levi announced that the Mozambican government expects to lower its borrowing needs through increased revenue collection and fiscal reforms. She told parliament that economic policies aimed at diversifying production and strengthening value chains would stimulate growth...

Mozambique intends to purchase three aircraft and six locomotives next year as part of a broader initiative to enhance its national transport infrastructure. According to the government's budget proposal, the planned acquisitions for 2026 also include 25 buses and a buoy tender ship. These...

Mozambique's government owes suppliers approximately 179.5 million euros from the 2024 financial year, according to Finance Minister Carla Loveira. She informed parliament that additional potential debts exist, incurred by various sectors without proper budget allocation. Minister Loveira...

The historian and cultural manager Rui Laranjeira, a co-founder of the Mafalanda Museum, has died at age 54. His passing followed an illness and occurred at Maputo Central Hospital. Laranjeira, who held a master's degree in Cultural Heritage Management, was deeply passionate about Maputo's...

President Daniel Chapo of Mozambique emphasized that a strong and equitable education system is fundamental for economic progress, social inclusion, and democratic stability. He stated this while opening the International Congress of Catholic Universities in Maputo. He noted that the Mozambican...

Mozambique has issued four licenses for carbon reduction projects as part of its national climate action strategy. Jadwiga Massinga, the National Director of Climate Change, announced the approvals for initiatives located in the provinces of Gaza, Inhambane, Manica, and Zambézia. These projects...

The Mozambican National Energy Transport Company has allocated 58.6 million dollars for resettlement and compensation related to its Temane-Maputo Power Transmission Line. The 563-kilometer project, a key part of national electrification, affected 219 households and various public...

A new district hospital in Mozambique's Tete province will end the long-standing challenge of accessing specialized healthcare for communities in four districts. The Cahora Bassa District Hospital, a 446 million meticais investment by Hidroeléctrica de Cahora Bassa, is strategically located to...

Heavy rains in central Mozambique’s Macate district have destroyed 74 homes, impacting 370 residents. District Administrator Rosa Cararaza confirmed the severe damage and stated that the local government is collaborating with the National Institute for Disaster Risk Management and Reduction to...

Somalia is attempting to reshape its international reputation by promoting a nascent tourism industry in its capital, Mogadishu. Despite decades of conflict and ongoing threats from the Al-Shabab insurgency, officials report a significant reduction in attacks within the city. Tourism Minister...

Leading African bankers assert that the continent's nations face disproportionately low credit ratings, resulting in significantly higher borrowing costs. Standard Bank CEO Sim Tshabalala labeled the situation scandalous, stating the extra expense suppresses annual economic growth by about two...