The Bank of Mozambique (BdM) and the Mozambican Association of Banks (AMB) have set the Prime Rate that will be in force at the institutions...
Economy
Financing: CTA and UBA announce 50 million dollars for MSMEs
The United Bank for Africa (UBA) and the CTA have just launched a financing line of 50 million...
AT announces resumption of audits and inspections of private companies
The process of auditing and inspecting private companies by the Tax Authority (AT) will soon be resumed,...
Bank of Mozambique cuts interest rate to 15.75 %
The Monetary Policy Committee (CPMO) of the Bank of Mozambique has decided to reduce the monetary policy interest rate,...
Cocoa adds up: Prices reach 10,000 dollars for the first time in its history
Cocoa prices keep rising. Futures contracts for May delivery continue to gain 3.9%...
Prime Minister challenges new ADIN manager to strengthen decentralization in the north
The Prime Minister, Adriano Maleiane, has challenged the new manager of the Northern Integrated Development Agency (ADIN) to reinforce...
Rains disrupt trains linking Maputo to South Africa and Eswatini
The company Portos e Caminhos de Ferro de Moçambique (CFM) announced today, Wednesday (27), the interruption of the movement of trains...
State to set aside 20% of the budget to contract MSME goods and services
The state and other public bodies must set aside at least 20% of their budgets for the hiring of...
Financial Literacy: Absa Bank Mozambique hopes to impact more than 70% of the population
As part of its financial education program, Absa Bank Mozambique has been investing in initiatives aimed at leveraging...
The limit on electronic money transactions comes into force on Friday
As of next Friday (29), the Bank of Mozambique (BdM) will limit the number of electronic currency transactions...
Electronic banking transactions already exceed 800,000 in the country
The number of financial transactions between banks and electronic money is on the increase in the country. For some time now,...
EDM guarantees full replacement of damage caused by tropical storm Filipo
The public company Electricidade de Moçambique (EDM) guarantees that it has already finished repairing the damage caused by the storm...