Economy Archives - Page 4 of 25

Browsing: Economy

Economy

The Nacala Logistics Corridor. Photo: Mitsui

7. June, 2018 0

FDI in Mozambique falls by over a quarter

In 2017, foreign direct investment in Mozambique totalled $2.3 billion, a drop of 26% on the year before and an above-average fall for an African country, according to the annual

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Economy

Finance minister Adriano Maleiane presenting the 2018 budget to parliament, 11 December 2017.

18. May, 2018 0

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 until August to agree a restructure of the debt if they want Mozambique to make any payments to them in 2019.

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Aluminium

Aerial view of the Moma mine pond, processing plant and jetty. Photo: Kenmare Resources

26. April, 2018 0

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 GDP growth this year, the government has warned - but strong commodity prices should keep export receipts healthy.

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Economy

26. April, 2018 0

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, according to newspaper Canal de Moçambique - again highlighting the [...]

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Economy

The head of the IMF's African Department, Abebe Aemro Selassie, at the 2017 Annual Meetings. Photo: IMF

23. April, 2018 0

Mozambique offers IMF nothing new on hidden debts

The head of the International Monetary Fund’s (IMF) Africa department says he has no new information to report on Mozambique’s hidden debts, telling journalists last week that the Fund is still waiting for further clarifications from government. [...]

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Economy

Filipe Nyusi with the head of Chatham House's Africa Programme, Alex Vines

18. April, 2018 0

Nyusi says banks share blame for $2bn Mozambique loans scandal

Mozambique’s President Filipe Nyusi said in London [...]

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Economy

Bank of Mozambique governor Rogerio Zandamela, 26 February 2018. Photo: Bank of Mozambique

12. April, 2018 0

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, reflecting confidence at the Bank and in the market that price inflation will stay in single figures in 2018.

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Business

6. April, 2018 0

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 law which will give preference to Mozambican companies bidding for contracts in the country. Under [...]

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Economy

Mozambique finance minister Adriano Maleiane testifying in parliament regarding ProIndicus, EMATUM, and MAM, 18 May 2016

20. March, 2018 0

Mozambique puts gas forecast back a decade, asks creditors to wait 16 years

Mozambique today asked the holders of its dollar-denominated commercial debt, taken out to finance a failed $2 billion maritime security project

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Economy

Finance Minister Adriano Maleiane speaking at the Council of Ministers on 5 December 2017.

13. March, 2018 0

‘No deal with VTB’ says Mozambique finance minister – report

No deal has been reached with Russian bank VTB over money owed to it by Mozambique, finance minister Adriano Maleiane said on Monday,

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Intelligent news from Mozambique

Anadarko signs off on record-breaking Mozambique LNG investment

Floods leave thousands homeless, and halt Vale coal exports from Tete

Frelimo holding company sells cement plant stake in $85m deal

Mozambique’s Mafambisse sugar mill on the brink of shutdown

Cyclone Idai exposed failings of Mozambique’s disaster alert system

Renamo in turmoil, with elections and peace on the horizon

Anadarko signs off on record-breaking Mozambique LNG investment

Floods leave thousands homeless, and halt Vale coal exports from Tete

Frelimo holding company sells cement plant stake in $85m deal

Mozambique’s Mafambisse sugar mill on the brink of shutdown

Cyclone Idai exposed failings of Mozambique’s disaster alert system

Renamo in turmoil, with elections and peace on the horizon

Browsing: Economy

FDI in Mozambique falls by over a quarter

Mozambique finance ministry gives creditors August deadline for restructure agreement – report

Mixed start to 2018 for Mozambique’s mega-projects

Mozambique president Nyusi is Kroll’s ‘Person Q’ – report

Mozambique offers IMF nothing new on hidden debts

Nyusi says banks share blame for $2bn Mozambique loans scandal

Bank of Mozambique cuts rates, confident inflation is now under control

Mozambique’s private sector sets out local content demands

Mozambique puts gas forecast back a decade, asks creditors to wait 16 years

‘No deal with VTB’ says Mozambique finance minister – report

Zitamar Daily Briefing, 14 June 2019