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Mozambique Leads African Rate Cuts
Mozambique Leads African Rate Cuts as Inflation Nears 4-Year Low
Mozambique remained the only African central bank this year to reduce borrowing costs at each of its rate-setting meetings, as inflation eased to its lowest level since November 2020.
Mozambique Leads Africa Rate Cuts, Signals More Easing Ahead
Mozambique remained the only African central bank this year to reduce borrowing costs at each of its rate-setting meetings and signalled more easing to come. Most Read from BloombergA 7,000-Year-Old C
Mozambique central bank cuts main interest rate again
Mozambique’s central bank cut its main interest rate for the fifth meeting in a row on Monday, saying the inflation outlook remained favourable. The central bank reduced its MIMO interest rate MZMIMO=ECI by 75 basis points to 13.
Polish Inflation Jumps, Pushing Likely Rate Cuts Into 2025
Poland’s inflation accelerated for a sixth month running in September, hitting a fresh 2024 high and cementing expectations for no interest rate cuts until next year.
ECB's Lagarde drops rate-cut hint as inflation falls
The European Central Bank is increasingly confident that inflation will fall to its 2% target and this will be reflected in its next policy move, the bank's president said on Monday, dropping the clearest hint yet about a coming interest rate cut.
ECB's Lagarde hints at further rate cut as inflation moderates
President Christine Lagarde expressed confidence in Brussels on Monday that inflation could soon return to the bank's target level and did not rule out a further interest rate cut. "Looking ahead, inflation might temporarily increase in the fourth quarter of this year as previous sharp falls in energy prices drop out of the annual rates,
ITWeb
1m
Paratus Mozambique gears up for 2024 Super Picanto with two-car sponsorship
The company is sponsoring Car 99, driven by Marco Da Cunha and Rui Vilela, and Car 24, driven by Paulo Da Cunha and Zerin ...
23h
Who are the candidates in Mozambique's presidential election?
JOHANNESBURG - Mozambique will hold presidential and parliamentary elections on Oct. 9, marking the end of President Filipe ...
Upstream
21h
McDermott confirms second consortia will battle to build ExxonMobil's huge Rovuma LNG facilities in Mozambique
US contractor has teamed up with Italy's Saipem and China's CPECC to take part in a FEED contest for mighty modular ...
TradeWinds
5h
UAE owner CPG buys tanker for bunkering operations in Mozambique
United Arab Emirates shipowner CPG Bunkering has bought a new tanker to expand operations in Mozambique. The company said it ...
4d
on MSN
TotalEnergies denies knowledge of alleged torture, killings at Mozambique LNG site
By America Hernandez PARIS - French oil major TotalEnergies said on Thursday it did not know about the torture and killings ...
Travel Weekly
18h
Mozambique's deep dive into marine tourism
The East African nation offers a treasure trove of sea life and watersports opportunities in an unspoiled setting. Companies ...
HotCopper.com on MSN
8h
Triton snaffles 588 square km gold-copper play in Mozambique
Triton Minerals Ltd (ASX:TON) is set to acquire a gold and copper project in Mozambique, whose location – close to major ...
Getaway Magazine
15h
Road tripping from Joburg to Mozambique’s cowboy town
If you're looking for an exciting yet relaxing getaway from South Africa, Inhambane in Mozambique should be your next road ...
1d
Factbox-Who Are the Candidates in Mozambique's Presidential Election?
Daniel Chapo, 47, is the candidate from Mozambique's ruling Frelimo party that has governed the country since its independence in 1975. He is widely expected to win due to the party's dominance, ...
Live Science
1d
Scientists are 'gobsmacked' by strange reversals in deep-ocean currents
The speed and direction of deep currents off Mozambique’s coast are more subject to change than scientists expected.
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