The Bank of Mozambique held its policy rate at 15.25% after the war in Ukraine helped push inflation to 7.9% in April

Good prospects from Cabo Delgado gas projects will help lift the mood, with the Coral South FLNG project set to start production midway through 2022

The Mozambique government expects the economy to continue growing next year, assuming that the effects of the coronavirus pandemic continue to subside

A new, official survey shows that 75% of Mozambicans spend less than $1 per day, and more than 90% are under the World bank international poverty line of $1.90 per day

The global transition away from fossil fuels, coupled with ongoing insecurity in Cabo Delgado province, mean Mozambique’s enormous gas reserves risk becoming stranded assets

Standard Bank has cut its GDP growth forecast for 2021 after a disappointing result in Q2, particularly in the agriculture sector

One analyst told Zitamar the central bank's actions were probably provoked by Standard Bank having advised clients to short the metical

The decision reflects the Bank of Mozambique’s laser focus on inflation, and inflation only

The Mozambican state has taken its legal claims against the shipbuilder at the heart of the so-called “hidden debts” scandal to the United Kingdom’s Supreme Court

The Bank of Mozambique’s surprise decision to raise interest rates last month has led Standard Bank to cut its growth forecast for this year — and to revise its forecast for the metical, which it now expects to strengthen