The Bank of Mozambique appears to have ended its monetary tightening cycle after deciding to hold rates steady at its monetary policy committee meeting on 14 December, and it now expects inflation to start falling in the New Year. Governor Rogerio Zandamela told a press conference in Maputo that the Bank no longer expects consumer…...

Governor Rogerio Zandamela addressing a press conference on 14 December 2016. Photo © Alexandre Nhampossa / Zitamar News