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Home | Club of Mozambique
- 189articles · 30d
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- Economy, Business & Finance 71
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News
Mozambique: Business leaders expect central bank solutions for exchange-rate stability from central bank
2+ day, 2+ 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…...
IMF says Angola needs fiscal consolidation to sustain economic stability
3+ day, 5+ 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…...
South African economy shrinks in second quarter, dragged down by Iran war
4+ day, 7+ hour ago (209+ words) Gross domestic product contracted 0.2% on a seasonally adjusted quarter-on-quarter basis (ZAGDPN=ECI), opens new tab. Economists polled by Reuters had forecast a 0.1% contraction. The contraction was mainly driven by output falls in the mining (-3.0%), manufacturing (-1.8%) and trade (-1.9%) sectors. “The situation…...
China's trade booms as focus turns to expected Trump-Xi summit
5+ day, 4+ 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…...
Mozambique's public debt reaches €15bn in first half
2+ week, 5+ 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…...
South African inflation cools for first time in five months
3+ week, 3+ day ago (177+ words) The central bank surprised investors and economists by keeping rates unchanged in July, saying its policy was restrictive enough to return inflation to its target within two years. Headline inflation in Africa’s largest economy eased to 4.3% year-on-year, lower than the…...
Mozambique: Beira granted ‘tolerância de ponto’ as city turns 119
3+ week, 3+ 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…...
Mozambique: Government hopes to reduce debt service to 6% of GDP by 2029
3+ week, 5+ 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…...