Mozambique

Mozambique joins International Coffee Organisation

By Business A.M. Mozambique has joined the International Coffee Organisation (ICO) as the 27th African country with a commitment to…

By businessamlive
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Nigeria, others to spend over $811bn on 615 oil, gas fields between 2018-2025

Nigeria and other countries across the world are expected to spend over US$811 billion on 615 upcoming oil and gas…

African countries vow to fight illegal timber trade to boost GDP

African countries have pledged to tame illegal trade in timber and other forest products by ensuring that the sub-sector makes…

Mozambique to set up independent fund to invest mineral sales income

Mozambique's government plans to set up a sovereign investment fund where taxes paid on sales of the country's minerals will…

Mozambique cuts key lending rate to 22.5%

Mozambique’s Central Bank reduced its benchmark lending rate by 25 basis points to 22.5 per cent, the regulator’s website showed…

Nigerian, South African economies hindering Nedbank’s profitability

Nedbank Group Ltd. is finding its profitability at the mercy of the oil price, Nigerian and South African politicians because of…

IMF set to visit Mozambique as the country cannot account for expenditure of $500 million in loans

The International Monetary Fund will visit Mozambique from July 10-19 to discuss issues around the management of public finances following…

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