Citi Sees Africa Currency Devaluation Risks Amid Weak Oil
Africa-Press - Mozambique. Citigroup Inc. sees an increased risk of currency devaluations in Africa this year after a relatively stable 2025, as...
Credit to Economy Close to New Record of €3.92B in October
Africa-Press - Mozambique. The stock of credit to the Mozambican economy increased slightly in October, approaching a new record, reaching 292.635 billion...
Mozambique Public Debt Increases 1.5% to €15.1 Billion
Africa-Press - Mozambique. Mozambique’s public debt rose by 1.5% in the third quarter of 2025 compared with the previous quarter, reaching a...
Mining Firm Calls for Measures against Illegal Ruby Miners
Africa-Press - Mozambique. Montepuez Ruby Mining (MRM) has called on the Mozambican authorities to take “more proactive measures” against those who “finance,...
State revenues €500M below projections in 2025
What You Need to Know
Mozambique's government has reported that state revenue for 2025 is expected to be €500 million below projections, totaling approximately €4.629...
Gold prices soar 2.1% amid geopolitical issues
Africa-Press - Mozambique. The ounce price of gold rose by 2.1% on Monday compared to the last week amid geopolitical issues.
The price...
Bank of Mozambique Warns of Fraudulent Financing Schemes
What You Need to Know
The Bank of Mozambique has issued a warning regarding the rise of fraudulent financing schemes linked to investment projects and...
Municipal Tax Collection Begins Tomorrow.
What You Need to Know
Starting January 5, the city of Maputo will commence the collection of various municipal taxes at 15 service counters throughout...
Africa’s economy to expand in 2026 despite risks
Africa-Press - Mozambique. Africa is poised for a breakout. An International Monetary Fund (IMF) forecast reveals the continent will be home to...
Mozambique Establishes Commission for Import Restrictions
Africa-Press - Mozambique. The Mozambican government has created a multi-sectoral commission to manage restrictions on the import of certain products, Secretary of...