The Bank of Mozambique (BM) raised both its lending and deposit benchmark rates by 300 basis points yesterday, taking lending rates to a record high of 17.25%, and the deposit rate to 10.5%. The BM cancelled its scheduled policy meeting on Tuesday 18 July, moving it to Thursday 21 July, and called an exceptional press…...
Latest Headlines
- Zitamar Daily Briefing, 26 May
- Zitamar Daily Briefing, 25 May
- Zitamar Daily Briefing, 24 May
- Several beheaded as insurgents cross Macomia
- Vulcan rejects Moatize protesters’ demands, as coal mine strike continues
- Zitamar Daily Briefing, 23 May
- Bank of Mozambique holds interest rates as inflation rises
- Vulcan promises striking coal miners new offer by end of this week