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Economy
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Bank of Mozambique says hitting 2016 targets will be ‘challenging’

The Bank of Mozambique’s monetary policy committee decided to leave its benchmark interest rates unchanged on Friday, to ‘consolidate the gains’ of the sharp measures it took at the end of 2015 aimed at stabilising the value of the metical and curbing [...]

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Coal
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Beira port expansion lags behind expanded Sena rail capacity

The rail line taking coal from Mozambique's coal-rich province of Tete to the Indian Ocean port of Beira should be expanded to 20 million tonnes per annum this year - but the size of Beira's coal terminal means export capacity remains constrained 
Politics
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Renamo wants Zuma as Mozambique peace broker

Mozambique opposition movement Renamo has called on the government to invite Jacob Zuma, president of neighbouring South Africa, to mediate talks between it and ruling party Frelimo following a series of violent clashes in the centre of the country from September [...]

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Politics
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Dhlakama in Satunjira: ‘We will govern without firing a single shot’

Afonso Dhlakama, leader of the opposition party Renamo, plans to take power in six provinces in the north and centre of Mozambique in March 2016, without firing a single shot, he told journalists in Maputo on 16 December.

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Economy
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‘Desperate’ central bank hikes rates 150bp as reserves dip below $2bn

Central bank shocks observers with 'radical and unprecedented' monetary tightening, aimed at consolidating recent gains made by the metical and curbing inflation