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...
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Mozambique's financial operations with the rest of the world fell by more than 50% last year
Financial operations between the Mozambican economy and the rest of the world last year resulted in a net inflow of funds of 2.2 billion dollars, compared to the 5.5 billion dollars recorded in the same period in 2022. This is a drop of 60.2% in the flow of funds...
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Visa and Mastercard announce blocking of various financial transactions in Russia
Visa and Mastercard have blocked several financial transactions involving Russian companies and entities. This action comes as a consequence of compliance with US sanctions imposed on the Russian country. The American companies Visa and Mastercard have complied with the sanctions imposed by their country and blocked several financial transactions from their network to various financial institutions...