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Mozambican Metical (MZN)

Expansion of mining in Mozambique bringing benefits and concerns
Mining Weekly  Apr 12  Comment 
Mineral production in Mozambique should generate revenues of nearly 20.8-billion meticais (some $680-million, or R6.24-billion) during this year, a technical team from the International Monetary Fund (IMF) has forecast. Mozambique’s income from...
Mozambique looks to fine mining firms on resettlement
Mining Weekly  Sep 18  Comment 
Mining and gas companies operating in Mozambique will face fines and may lose their operating licences if they do not relocate communities in a way that protects their social and economic interests, a government official said on...
Mozambique 5-year bond four times oversubscribed
Reuters  Dec 7  Comment 
A record 2.6 billion meticais 5-year Treasury bond issued by Mozambique this week was nearly four times oversubscribed, the stock exchange said on Wednesday, the latest step in the southern African nation's frontier market evolution.
Mozambique "happy" with strong metical: minister
Reuters  Nov 22  Comment 
Mozambique is "happy" with the strength of the metical, the world's best-performing currency this year against the dollar, and has no plans at the moment to weaken it, Finance Minister Manuel Chang said on Tuesday.
Mozambique "happy" with strong metical
Reuters  Nov 22  Comment 
Mozambique raises fuel prices by 8 percent
Reuters  Jul 6  Comment 
Mozambique raised fuel prices for coastal towns by 8 percent on Wednesday, the second increase in less than three months, a statement from the finance and energy ministries said.
Mozambique increases fuel prices by 10 percent
Reuters  Apr 27  Comment 
Mozambique has increased the price of fuel by 10 percent eight months after the last rise, citing higher import costs and the effects of the political crisis in the Middle East.




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