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Home | Club of Mozambique
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- Economy, Business & Finance 59
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- News 37
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News
South African economy shrinks in second quarter, dragged down by Iran war
5+ day, 13+ hour ago (209+ words) trade (-1.9%) sectors. “The situation in the Middle East definitely reflected in these numbers. The question...head of economic statistics at Statistics South Africa. He added third-quarter data would determine whether...“Higher fuel prices clearly hit demand in South Africa really…...
Mozambique: Business leaders expect central bank solutions for exchange-rate stability from central bank
3+ day, 8+ hour ago (379+ words) “For the private sector, one of the major challenges will be to find a balance between the need for macroeconomic, exchange-rate and monetary stability and the need to ensure conditions to finance production, investment and employment,” said the president of…...
South African inflation cools for first time in five months
3+ week, 5+ day ago (177+ words) target within two years. Headline inflation in Africa’s largest economy eased to 4.3% year-on-year, lower...Reuters and June’s 5.0% reading, Statistics South Africa data showed on Wednesday. The agency attributed...
Mozambique: Beira granted ‘tolerância de ponto’ as city turns 119
3+ week, 5+ day ago (60+ words) Beira granted ‘tolerância de ponto’ as city turns 119 CLUB OF MOZAMBIQUE Mozambique: Beira granted ‘tolerância de ponto’ as city turns 119 The decision was announced by the Minister of Labour, Gender and Social Action, Ivete Alane. The day off applies to…...
IMF says Angola needs fiscal consolidation to sustain economic stability
4+ day, 11+ hour ago (79+ words) CLUB OF MOZAMBIQUE IMF says Angola needs fiscal consolidation to sustain economic stability An IMF staff team led by Mika Saito held discussions in Luanda and virtually from August 24 to September 9 as part of Angola’s Post-Financing Assessment, the fund said…...
Mozambique: Government hopes to reduce debt service to 6% of GDP by 2029
3+ week, 6+ day ago (439+ words) According to the Medium-Term Fiscal Scenario (CFMP) 2027–2029, recently approved by the cabinet, public debt servicing costs, including interest and repayments, will account for 5.8% of Gross Domestic Product (GDP) in 2027 and 2028 and 5.9% in 2029, down from the 7.5% estimated for 2025 and 2026. However, the…...
Mozambique's public debt reaches €15bn in first half
2+ week, 6+ day ago (387+ words) According to the first-half Economic and Social Plan and State Budget (PESOE) report, seen by Lusa today, external financing disbursements to cover the deficit amounted to 12,455.8 million meticais, while the public debt stock stood at 1,117,374.3 million meticais. The public debt…...
China's trade booms as focus turns to expected Trump-Xi summit
6+ day, 10+ hour ago (507+ words) After achieving a historic surplus in 2025, China’s trade has continued to grow this year, thanks largely to heightened overseas demand for semiconductors, computing hardware and other products linked to the artificial intelligence boom. Exports spiked 25 percent year-on-year, the General Administration…...