Financial transactions between the Mozambican economy and the rest of the world in the first quarter of 2024 resulted in a net inflow of funds of 926.7 million dollars, compared to 894.6 million dollars in the same period in 2023. This is an increase of 3.6% in the flow of...
In the first quarter of this year, some districts in the provinces of Nampula, Zambézia, Sofala and Gaza experienced the worst drought in the last 50 years, as a result of the influence of the El Niño phenomenon, according to the report on the 2023/24 rainy and cyclonic season, presented last Friday (21) by the National Meteorological Institute (INAM). According to...
Revenues from industrial production in Mozambique reached 31.1 billion meticais (the equivalent of around 486.5 million dollars) in the first three months of this year, compared to 31.8 billion in the same period last year. The figures are included in the Economic and Social Plan and Budget...
The exchange rate between the metical and the main international currencies (US dollar, euro and rand) remained stable from January to March this year. The data is contained in the Balance of the Economic and Social Plan and State Budget (BdPESOE), for the first quarter of 2024, to which MZNews had access. Thus, according to the...
The government estimates that almost 63,000 jobs were created in the country in the first quarter of this year, higher than expected, but only 16% of the total estimated for 2023, according to official figures quoted today by Lusa. According to the economic and social balance of the implementation of the State Budget from January to March, the sectors...
The volume of industrial and semi-industrial fishing in Mozambique grew by 10.5% in the first quarter, compared to 2022, to 3,219 tons, writes Lusa citing official data. The data from the State Budget balance show that the growth represents only 13.7% of the total expected for the sector in 2023, having been influenced by the...