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Bank of Mozambique

Mozambican central bank fines Caixa’s BCI almost 2 million

December 22, 2023 Geraldine Boechat 0

This year, the Bank of Mozambique imposed a fine of 134.9 million meticais (1.9 million euros) on Caixa Geral de Depósitos’ Banco Comercial e de […]

Governor of the Bank of Mozambique says restrictive policy has eased inflation

November 2, 2023 Geraldine Boechat 0

The governor of the Bank of Mozambique said on Wednesday November 1st that the current slowdown in inflation was the result of the “restrictive monetary […]

Central Bank keeps interest rate in Mozambique at 17.25%

July 27, 2023 Geraldine Boechat 0

The Monetary Policy Committee (CPMO) of the Bank of Mozambique decided on Wednesday July 26 to maintain the monetary policy interest rate, called MIMO, at […]

Reserves of the Bank of Mozambique are at their “limit’’

June 7, 2023 Geraldine Boechat 0

Mozambican economists said Tuesday that the Central bank’s decision to stop co-paying the fuel import bill is a sign that its reserves are at their […]

Mozambican government goes to parliament to answer on State companies and central bank

May 10, 2023 Steven Addamah 0

The Mozambican government will go to parliament on Wednesday and Thursday to answer questions from members of parliament about the interventions in the state-owned companies […]

IMF team finds talks with Mozambican authorities “constructive and fruitful

May 8, 2023 Steven Addamah 0

The International Monetary Fund (IMF) team that visited Mozambique last Friday called the talks with the authorities to approve the second review of the financial […]

Bank of Mozambique imposed $3.3M in fines

October 4, 2022 Geraldine Boechat 0

The Bank of Mozambique imposed fines of 208 million meticais (3.3 million euros) on seven banks, a mobile money finance system and four microfinance operators […]

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