The number of companies owned by family members of the President of the Republic, Filipe Nyusi, doubled during his last term in office, the Center for Public Integrity (CIP) revealed today. According to a CIP publication, the number of companies owned by the President's family members rose from 14 in 2019 to 29 in 2024. Even before...
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Mozambique's domestic debt has doubled to almost 400 billion meticais since 2020
Mozambique's domestic debt doubled from 2020 to July 2024, to almost 400 billion meticais, according to financial rating agency S&P Global Ratings, which cites data from the Central Bank. The agency points out that on January 1, 2020 the debt stood at 187.2 billion meticais; on...
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Mozambican population may double every 25 years
Demographic indicators recently published on Wednesday by the United Nations Population Fund reveal that if Mozambique maintains the current birth rate, the national population could double every 25 years. According to the study "Eight billion lives, infinite possibilities", which assessed the world population, the Mozambican population is estimated to...