Mozambican businesspeople yesterday once again complained of a shortage of foreign currency in the interbank market, ...

Mozambican businesspeople yesterday once again complained of a shortage of foreign currency in the interbank market, indicating that the liquidity shortage could jeopardize equipment imports by ...

Mozambique’s central bank extended its longest easing cycle since 2017 and reduced the ratio of reserves that commercial ...

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Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in ...

Donors such as the International Monetary Fund temporarily halted support to Mozambique, triggering a currency collapse and financial turmoil. The prosecutors had urged a sentence of 11-1/4 and 14 ...

Nonetheless, South32 is maintaining its full year production guidance of about 2 million wet metric tons for manganese ore ...

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.