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    26 December, 2012
  
   IMF praises
 
 

The International Monetary Fund (IMF) has praised Mozambique’s “remarkable” economic performance this year, which “built on a track record of strong economic policies that effectively supported growth, while bringing down inflation and strengthening international reserves"
 
     
 
    7 December, 2012
  
   Inflation of one per cent in November
 
 

Inflation in Mozambique was 1.06 per cent in November, as measured by the consumer price indices in three largest cities, Maputo, Beira and Nampula.
 
     
 
    6 December, 2012
  
   ENI announces further gas discoveries
 
 

The Italian energy company, ENI, on 5 December announced further discoveries of natural gas in the Rovuma Basin, off the coast of the northern Mozambican province of Cabo Delgado.
 
     
 
    3 December, 2012
  
   World Bank promises further support
 
 

Mozambique’s mineral resources are a vehicle through which the country could achieve its goal of poverty eradication, according to Octaviano Canuto, the deputy president of the World Bank for poverty reduction and economic management.
 
     
 
  18 May, 2017  
 
Signs of economic recovery
 
The Mozambican economy saw an improvement in tax collection and a reduction in expenditure in the first quarter of this year, according to Rogerio Nkomo, National Director of Institutional Coordination in the Ministry of Economy and Finance.

 
  12 May, 2017  
 
Mozambique and Brazil sign agreements
 
The Mozambican and Brazilian Foreign Ministers, Oldemiro Baloi and Aloysio Ferreira, on 11 May signed in Maputo legal instruments, notably on social security, to promote and strengthen cooperation relations between the two countries.

 
  9 May, 2017  
 
Electricity sales rise by 78 per cent
 
Mozambique’s publicly owned electricity company, EDM, increased its sales of power by about 78 per cent between 2015 and 2016.

 


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