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Mozambique
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April 1, 2019

IMF STAFF COMPLETES 2019 ARTICLE IV CONSULTATION MISSION TO MOZAMBIQUE- UNABRIDGED

 

While it is still early to precisely assess the macroeconomic effects of Cyclone Idai and reconstruction costs, these will be very significant; Despite the likely adverse macroeconomic effects of Cyclone Idai in 2019, which are still being analysed, the outlook is for a recovery in economic activity over the medium-term; The mission also emphasises the importance of achieving significant debt relief and strengthening oversight of the entire public debt portfolio to bring public debt indicators to safer levels.

An International Monetary Fund (IMF) staff team led by Ricardo Velloso visited Maputo during March 13–27, 2019, to conduct the Article IV consultation [...]

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March 26, 2019

AROUND 1.85 MILLION PEOPLE AFFECTED BY CYCLONE IN MOZAMBIQUE – UN

BEIRA – About 1.85 million people have now been affected by Cyclone Idai and its aftermath in Mozambique alone, UN humanitarian agency OCHA said on Tuesday, as aid workers raced to fathom the scale of the disaster and determine what help is most urgently needed.

“Some will be in critical, life-threatening situations. Some will sadly have lost their livelihoods, which whilst an appalling tragedy is not immediately life-threatening,” OCHA coordinator Sebastian Rhodes Stampa said.

Idai flattened homes and provoked widespread flooding when it made landfall near the Mozambique port city of Beira on 14 March. It then ripped through neighboring Zimbabwe [...]

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March 8, 2018

Listeria outbreak: SA neighbours ban meat exports

Four countries in southern Africa on Monday took steps against South African chilled meat imports made at a factory found to be the origin of the world’s worst-ever listeria outbreak.

Mozambique and Namibia announced they were immediately suspending imports of the products. Botswana said it was recalling the items “with immediate effect”, while Zambia called on South African retail chains in its country to pull the incriminated goods from local shelves.

Since January 2017, 948 people in South Africa have contracted listeriosis – a disease caused by bacteria from soil, water, vegetation and animal faeces which can contaminate fresh food, notably [...]

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August 29, 2017

South African companies participate in FACIM

South African companies will today participate in the 53rd edition of the Maputo International Trade Fair, commonly known as FACIM. FACIM is an international multi-sectoral trade fair held annually to showcase Mozambique as an attractive destination for trade and investment.

The 20-member business delegation is funded by the Department of Trade and Industry (dti) through its Export Marketing and Investment Assistance (EMIA) scheme with the aim of increasing exports of South African manufactured products to Mozambique.

The objective of the scheme is to develop export markets for South African products and services and to recruit new foreign direct investment into the [...]

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