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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,
ISS
4h
Climate, conflict and aid: three-pronged solution needed for Mozambique
The protracted crisis in Cabo Delgado requires a triple nexus approach to climate change, conflict and humanitarian ...
1d
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 ...
ITWeb
4h
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 ...
Upstream
1d
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 ...
Getaway Magazine
19h
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 ...
Travel Weekly
22h
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 ...
naturalgasworld
1d
McDermott secures FEED contract in Mozambique
The FEED contract scope of work includes the modular design of a greenfield LNG production facility in Afungi, all associated ...
AllAfrica.com
54m
Mozambique: Climate, Conflict and Aid - Three-Pronged Solution Needed for Mozambique
Analysis - The protracted crisis in Cabo Delgado requires a triple nexus approach to climate change, conflict and humanitarian assistance.
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, ...
TradeWinds
10h
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 ...
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