Daily Archives: April 12, 2018

BANK OF MOZAMBIQUE CUTS INTEREST RATES AGAIN

MAPUTO– Mozambique’s central bank has cut its benchmark interest rate by 150 basis points.

A statement from the Monetary Policy Committee of the Bank of Mozambique Wednesday said the Interbank Money Market Rate (MIMO) will fall from 18 to 16.5 …

MOZAMBIQUE’S PRESIDENT FILIPE NYUSI ANNOUNCS DATE FOR NEXT GENERAL ELECTION

MAPUTO– Mozambican President Filipe Nyusi has fixed Oct 15, 2019 as the date for the next presidential, parliamentary and provincial elections.

According to a statement issued by the president’s office Wednesday, this is the date proposed by the National Elections …