Mozambique FDI continues downward trend into 2018
Foreign direct investment in Mozambique was down 38% in the first quarter of 2018 compared…
Browsing: Economy
Bank of Mozambique holds lending rate steady at June meeting
The Bank of Mozambique today kept its lending rate steady at 18%, despite inflation having…
FDI in Mozambique falls by over a quarter
In 2017, foreign direct investment in Mozambique totalled $2.3 billion, a drop of 26% on…
Mozambique finance ministry gives creditors August deadline for restructure agreement – report
The holders of Mozambique’s international commercial debt, on which the country continues to default, have…
Mixed start to 2018 for Mozambique’s mega-projects
Patchy performance at Mozambique’s megaprojects in the first quarter of 2018 could hit the country’s…
Mozambique president Nyusi is Kroll’s ‘Person Q’ – report
President Filipe Nyusi is ‘Person Q’ in the Kroll report into Mozambique’s ‘hidden debts’ scandal,…
Mozambique offers IMF nothing new on hidden debts
The head of the International Monetary Fund’s (IMF) Africa department says he has no new…
Nyusi says banks share blame for $2bn Mozambique loans scandal
Mozambique’s President Filipe Nyusi said in London yesterday that the creditors who lent Mozambique more…
Bank of Mozambique cuts rates, confident inflation is now under control
The Bank of Mozambique continued its rate-cutting cycle at its monetary policy meeting on Wednesday,…
Mozambique’s private sector sets out local content demands
Mozambique’s main private business association, the CTA, yesterday published its proposal for a national content…