The Bank of Mozambique is likely to continue raising interest rates this year even if it holds them steady at today’s monetary policy committee meeting, according to economists surveyed by Zitamar News. The central bank is battling above-target inflation and a weaker currency at the same time as it is under pressure from the International…...

The Bank of Mozambique seen behind a dilapidated building in Maputo's downtown. © Nuno Rosario via Flickr