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    3 January, 2017
New Deputy Governor of Central Bank
Maputo, 3 Jan (AIM) – Mozambican President Filipe Nyusi on 3 January urged the new Deputy Governor of the Bank of Mozambique, Victor Pedro Gomes, to make every effort to help stabilize the country’s economy.

Speaking at the ceremony where he swore Gomes into office, President Nyusi said “we expect from the Bank of Mozambique concrete actions that allow the restoration of macro-economic stability”.

He recognized that Gomes is moving into the leadership of the central bank at a “very delicate” moment in the country’s history.

“The scale of the challenges we face is enormous”, said President Nyusi, “particularly with regard to macro-economic management. We know that 2017 reserves enormous challenges for us, and so we need total commitment from all of us in all areas”.

Over the last two years, the President added, “we have been confronted with internal and external shocks which put to the test our capacity for resilience and for overcoming barriers”.

“Courageous measures” were needed from the authorities, including the Bank of Mozambique, said President Nyusi, to ensure that the country can return to the international markets, and obtain the resources needed to implement the government’s priorities.

At the same ceremony, President Nyusi swore into office four deputy vice-chancellors for the Eduardo Mondlane University (UEM) and for the Lurio University (Unilurio), based in Nampula. The two deputy vice-chancellors for the UEM are Armindo Daniel Tiago and Amália Alexandre, while those for Unilurio are Sonia Maria Ataíde Maciel and Marcelino Liphola.

He told the four university officials that higher education needs far-reaching changes in order to become more dynamic and productive.

“We need changes that contribute to improving graduation and impel a growth in the qualitative and quantitative knowledge of our institutions of higher education”, declared President Nyusi.

Each of the universities, he said, should define its role in the development of the country. “The country cannot continue depending on outside consultants in the scientific and technological areas”, he declared.
  26 January, 2018  
Record production at Kenmare mine
Kenmare Resources, which operates the Moma Titanium Minerals mine, has reported record annual production in 2017 of the three minerals it extracts .

  24 January, 2018  
Inflation now under control
Inflation has been brought under control and the exchange rate of the Mozambican currency, the metical, has stabilised, declared the governor of the Bank of Mozambique, Rogerio Zandamela.

  10 January, 2018  
Goods traffic to resume between Cuamba and Lichinga
Goods traffic is to return to the branch line between the cities of Cuamba and Lichinga, in the northern Mozambican province of Niassa, under an agreement reached between the Niassa provincial government and the Northern Development Corridor (CDN), the private-led consortium that operates the line.


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