Mozambique
Economy
Having threatened in April its November 2005 all-time high of MZN29.05/US$, trading up to MZN28.60/US$, the metical has recovered 9.6% to just below MZN26.20/US$ in early June. The...
2009-06-02Economy
The country's core donors have increased the level of aid for 2010, which, given budgetary constraints, is a significant sign of confidence in Mozambique's prospects.
2009-06-02Economy
President Armando Guebuza and his FRELIMO party are looking increasingly certain bets for the general election due later this year. The opposition RENAMO party is tearing itself apart...
2009-06-02Economy
Remittances from Mozambicans working abroad are an important source of income for the poorest. But the global economic recession,and the slow-down in South African growth, are certain...
2009-04-30Economy
President Armando Guebuza has declined to reappoint three top jurists: Mario Mangae, head of the Supreme Court, Antonio Pale, chief of the Administrative Tribunal charged with auditing...
2009-04-30Economy
The metical has been steadily losing value against the US dollar since mid 2008. Threatening in ealy April the units all-time low of MZN29.05/US$ set in November 2005, the unit has...
2009-04-30Economy
The metical will continue to depreciate against the greenback and the euro over the course of 2009, but will remain more robust against the rand. Inflation differentials and external...
2009-03-27Economy
A general election is due by the end of the year, but there is little doubt that the incumbent Frelimo party will emerge dominant, with President Armando Guebuza returned for his...
2009-03-27




