In 2022, Mozambique saw its economic and social activity return to normal, after the government decreed an end to Covid-19 restrictions, but the cost of living remained high for the majority. Throughout the year, the country continued to experience the drama of terrorist attacks in Cabo Delgado, promoted by a...
Tag: cost of living
Cost of living will rise in 2023, PM warns
The cost of living will continue to rise in 2023, Prime Minister Adriano Maleiane warned on Friday. Speaking at the Assembly of the Republic, where he presented the government's Economic and Social Plan and the State Budget for 2023, Maleiane said that the annual inflation rate could reach 11.5% next year, compared to 10.7% this...
Food and transport prices put pressure on the country's cost of living
The general level of prices in Mozambique, but particularly in Maputo, is causing alarm bells to ring about the cost of living, leaving citizens apprehensive about what the upcoming Christmas and end-of-year festive season may bring. According to the National Statistics Institute (INE), the cost of...
Cost of living should decrease by December - predicts Standard Bank
The cost of living in Mozambique may see a slight decrease according to the latest forecasts from Standard Bank. The bank predicts that by December this year inflation will stabilize at an average of 11.71 PT2T, after the August peak, estimated at 12.21 PT2T. The scenario may derive from internal and external shocks, among which...
Government announces tomorrow measures to contain high cost of living
The Government of Mozambique announces this Tuesday, August 9, at 4 p.m., at the Joaquim Chissano Conference Center, the program of structural measures for economic reform. The measures aim at stimulating economic activity in the country by boosting the private sector, promoting diversification of productive activities and creating the conditions...
Government announces cost-of-living containment measures next week
It is already next week that the government will announce a set of economic reform measures of fiscal and macroeconomic scope as a way to alleviate the cost of living that tends to rise. A source quoted by "Carta", says that these are "far-reaching economic stimulus measures, which in the medium and long term...
CCT will discuss solutions for relieving the cost of living
The Labour Consultative Commission (CCT), a body that brings together the Government, employers and workers, will meet in the coming days in an extraordinary session to discuss measures that can alleviate the growing rise in the cost of living. The information was shared, a few days ago in Maputo, by the Minister of Labor and Social Security, Margarida Talapa. According to...
Labor Advisory Commission discusses solutions for alleviating the cost of living
The Labour Consultative Commission (CCT), a body that brings together the Government, employers and workers, will meet in the coming days in an extraordinary session to discuss measures that can alleviate the growing rise in the cost of living. The information was shared a few days ago in Maputo by the Minister of Labor and Social Security, Margarida Talapa. Talapa explained that it is urgent that the...
Strikes in Mozambique: Minister of Labor appeals to workers
The minister of labor, employment and social security deplores the high cost of living, but points out that strikes or demonstrations will not solve the problem. Margarida Talapa asks the population for calm and calls on the working class to distance themselves from these acts called through social networks and other digital platforms. The level of discontent is growing...
Government points out commitment to production in the face of rising living costs
Prime Minister Adriano Maleiane on Friday pointed to a commitment to production as the solution in the face of rising living costs, a day after fears of unrest in a protest called by anonymous people left Maputo at half-gas. "We should not go around agitating each other and not give ourselves time to each create our own wealth....