Mozambique’s government yesterday unveiled measures to trim its 2016 budget by 10% in the face of new projections of lower economic growth, higher inflation, further currency depreciation and smaller tax receipts. The government has revised its growth prediction for 2016 down from 7% to 4.5%, and said it now expects consumer prices to rise 16.7%…...

Finance Minister Adriano Maleiane addressing journalists in Maputo, 28 April 2016. © Tom Bowker / Zitamar News