Mozambique

The metical has weakened in recent trading to a level of MZN33.12/US$. That said, in recent weeks there had been little change to the metical, largely on the back the central bank... 2010-02-26

We continue to believe that Mozambique remains on a solid footing to benefit from the recovery of the global economy in 2010 and 2011. Growth has surprised on the upside in recent... 2010-02-01

The metical has slowly appreciated in recent weeks after the currency found a base around the MZN31.00/US$ area. Currently trading at MZN30.00/US$, we anticipate a gradual appreciation... 2010-02-01

Opposition party Renamo had called for a boycott for the elected Renamo members, after the party refused to accept the result of the Presidential and Parliamentary elections that... 2010-02-01

We have recently revised up Mozambique's real GDP forecasts for 2009 and 2010 on the back of a stronger-than-anticipated Q309 GDP figure. Although the headline number shows that the... 2009-12-17

Opposition party Renamo has refused to accept the result of the Presidential and Parliamentary elections that were held on October 27, in which incumbent President Armando Guebuza... 2009-12-16

The metical seems to have found a base around the MZN31.00/US$ area, in line with the view we promoted last month. Going forward, we expect a moderate appreciation of the currency... 2009-12-16