Mozambique imported $353.9 million (€339.5 million) worth of rice in the first nine months of 2024, more than in the previous four years, according to data from the Bank of Mozambique. According to a ...

An initiative led by the African Development Bank and World Bank is securing big money and political commitments to bring ...

The Mozambican private sector yesterday welcomed the decision by the Bank of Mozambique to reduce the monetary policy rate ...

The Monetary Policy Committee of the Bank of Mozambique (CPMO), at a meeting in Maputo on Monday decided to cut its benchmark interest rate, the MIMO rate, by 50 base points.Thus, the MIMO rate fell ...

Mozambique's central bank cut its policy rate for the seventh consecutive meeting on Monday but by a smaller margin, saying inflation was expected to remain in single digits but risks to its forecasts ...

Mozambique's central bank cut its main interest rate by 50 basis points to 12.25% , it said on Monday, the seventh rate cut in a row.

For decades, Mozambicans have experienced a steep decline in the standard of living brought on by decades of neoliberal ...

Manuel Chang was sentenced to 102 months in prison for his part in stealing hundreds of millions of dollars in loans, which ...

The portfolio trended higher in Q4 and outperformed the ICE BofA 3-Month U.S. Treasury Bill Index for the period and remains ...

(AP Photo/Phill Magakoe, File) Updated [hour]:[minute] [AMPM] [timezone], [monthFull] [day], [year] NEW YORK (AP) — Mozambique’s former finance ... adding that Chang played a “central role” in the ...

NEW YORK (AP) — Mozambique’s former finance minister ... adding that Chang played a “central role” in the graft as he signed the financial documents that obligated his government.

MAPUTO - While calm has been restored to parts of Mozambique, following months of politically-fuelled unrest, questions of accountability linger. More than 100 people lost their lives in violent ...