The national economy is set to see growth in Gross Domestic Product (GDP) of around 5 to 6 percent in the 2023 financial year. This is the outlook put forward by the study released this Wednesday in Maputo by FNB Mozambique, a subsidiary of the First Rand Group. GDP growth will be supported by growth in sectors...
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June 13, 2022June 13, 2022Market Announcements, Markets
Transport and Logistics sector fuels economic growth in Mozambique
During FNB Mozambique's recent economic breakfast, which took place in Maputo, Daniel Kavishe - senior economist at Rand Merchant Bank (RMB) - among other topics, made remarks about the impact of the Russia-Ukraine war in all African economies which, added to the prolonged effects of the pandemic, caused the worsening of oil prices and the...