In 2023, sales of cotton crops earned the country around 34.3 million dollars, which corresponds...
Business
Imports of goods fell 31.2% to 9.1 MM$ last year
In 2023, Mozambique recorded a decrease of 31.2% in imports of goods, totaling 9.1 billion dollars, the...
Amazon launches online shopping service in South Africa
Amazon has just launched its online shopping service in South Africa today, defying a series of...
Foreign Direct Investment in Mozambique increased by 2.1% to 2.5 MM$ in 2023
In 2023, Mozambique recorded a 2.1% increase in the flow of Foreign Direct Investment (FDI), totaling 2.5 billion...
Oil stabilizes on US jobs data, biggest weekly loss in 3 months
Oil prices closed lower on Friday and recorded their biggest weekly loss in three months, with the...
More than 1.3 million tons of crude cooking oil imported
Mozambican vegetable oil refineries have imported more than 1.3 million tons of crude cooking oil in the last eight...
Cabo Delgado: ExxonMobil moves ahead with LNG project
ExxonMobil is "optimistic and moving forward" with the Rovuma liquefied natural gas (LNG) project in Cabo Delgado, according to...
Exports of goods earned Mozambique 8.2 billion dollars last year
Sales of goods by the Mozambican economy to the rest of the world earned the country 8.2 billion...
Entrepreneurs say they are making huge losses due to instability in the payment system
The Confederation of Economic Associations (CTA), the country's largest employer, believes that the instability in the payment system...
Absa Bank Moçambique registers growth of 58.71TP3Q
Absa Bank Moçambique once again demonstrated a positive financial performance in 2023. It achieved annual net profits of 1.623 billion...
Bank of Mozambique appoints resident inspector to monitor Millennium bim
The Bank of Mozambique (BdM) appointed a resident inspector for Millennium bim today, Thursday (02), to "reinforce monitoring"...
Current account balance improved by 4.6 MM$ last year, but remains in the black
The Current Account (CA) balance improved in Mozambique last year, by 4.6 billion dollars, but...