The world economy will grow 5.6% this year, up from 4% forecast in January, but growth will be uneven
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June 9, 2021June 9, 2021Companies
ADB announces $1 million support for local content
The African Development Bank Group has approved a donation of one million dollars to boost local content and Small and Medium Enterprises development initiatives in Mozambique for job creation. According to the African Development Bank (ADB), the donation will be used to provide technical and institutional advice to the Institute for...
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Economic climate indicator with tenuous recovery in April
The Economic Climate Indicator (ECI), which measures business confidence, registered "a faint recovery in April
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June 9, 2021June 9, 2021Companies
Absa Bank reopens its bank branch in Chimoio
Absa Bank Moçambique inaugurated last Friday a new branch model in the city of Chimoio, Manica Province
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June 8, 2021June 8, 2021Business
Mozambique may become a regional reference in chicken exports
Mozambique may become a regional reference in the export of chicken, in the next ten years, are projections advanced, this Monday, by the Minister of Agriculture and Rural Development
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June 8, 2021June 8, 2021Companies
Port of Nacala exports 28% less coal than expected in the first quarter
The Port of Nacala, in the north of the country, exported 28% less coal than expected in the first quarter of this year
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Subsidiary companies now have risk management commissions
The companies in which the state has a stake will now have specialized committees to reduce the risk of high indebtedness and evaluate the investment
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June 8, 2021June 8, 2021Business
Zambézia approves 40 self-employment generation projects
Forty projects for income generation and self-employment creation were approved by the Government in a credit line of more than nine million Meticais managed by the Commercial and Investment Bank
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"Mozambican economy improves for second consecutive month" - Standard Bank
The PMI indicator calculated by Standard Bank Mozambique, which reflects private sector expectations about the economy, remained in positive territory during May
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June 4, 2021June 4, 2021Economy
Government: "Agriculture Has Solid Pillars to Pull the Country's Economy
The Minister of Agriculture and Rural Development said this Thursday that the sector has "solid pillars" to continue driving the growth of the economy