16 °c
London
Tuesday, April 20, 2021
No Result
View All Result
FurtherAsia FurtherArabia FurtherBrazil FurtherRussia
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Mozambique’s main employers association optimistic on economic recovery

FurtherAfrica by FurtherAfrica
September 13, 2018
in Africa, Economy, Industry and Commerce, Mozambique
Reading Time: 1 min read
0
Press release: Izyshop – Mozambique’s online platform secures venture funding
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

The Confederation of Economic Associations (CTA) of Mozambique, the main employers’ association in the country announced on Tuesday in Maputo that the economy is on recovery as macroeconomic indicators are revealing clear signs of progress.

“This will rebuild trust of the market in terms of the economic growth that we continue registering, as a result of the expansion of economic activities. Official statistics from the first semester of 2018 point to a growth of 3.3 percent,” said the president of the Board of CTA Agostinho Vuma from a conference on the performance of the national economy.

CTA is also optimistic regarding to the drop of interest rates influenced by this recovery and consequent improvements of the market, as more companies particularly small and medium will be in conditions to request loans to materialize their projects.

“Inflation continues low and steady, enabling the environment for the reduction of interest rates in the market, dropping monthly obligations for the requested loans,” said the CTA president.

CTA is the country’s main forum to interact with the government on behalf of the private sector and to influence the adoption of laws that enable an improved business environment.

Source: Xinhuanet

Related

Tags: Agostinho VumaBoard of CTAConfederation of Economic AssociationsCTAEconomic recoveryemployers associationmacroeconomic indicatorsMaputoMozambiqueмозамбикموزمبيقモザンビーク莫桑比克
ScanSendShare320Tweet200Share56Pin72Send
Previous Post

Namibia plans special economic zone in Walvis Bay

Next Post

Tanzania: Vodacom, Google ink new deal

FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Economy

Angola: Fitch estimates growth of 1.7% this year

by FurtherAfrica
April 20, 2021
Ethiopia’s Assela wind farm project enters construction
Renewables

Eastern and Southern Africa’s vast renewables potential offers route to sustainable growth

by Staff
April 20, 2021
Coronavirus

Ethiopian Airlines delivers COVID-19 vaccine to Brazil; over 20 million doses delivered worldwide

by Staff
April 20, 2021
Mozambique

Mozambique: Metical appreciated 35% this year, but earnings expected to reverse – Standard Bank

by FurtherAfrica
April 20, 2021
Wilderness Safaris opens the new DumaTau camp in Botswana
Tourism

Wilderness Safaris opens the new DumaTau camp in Botswana

by BOTSWANA UNPLUGGED
April 20, 2021
Next Post
Google releases new Africa app to beat slow internet speeds

Tanzania: Vodacom, Google ink new deal

Mozambique to benefit from India’s $10bn concessional credit for Africa

India is the main destination of Mozambique’s exports in 2017

Tanzania: World Bank shows interest in financing Tanga airport

Precision Air causing domestic turbulence for Air Tanzania

Leave a Reply Cancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

2021 AFSIC
2022 Indaba Mining

FurtherAfrica Partners

The Exchange Club of Mozambique Taarifa Rwanda
CrudeMix Africa TechGist Africa Farmers Review Africa
Botswana unplugged Financial Insights Zambia Africa Oil & Power
Harambee Africa Novafrica  

Subscribe to FurtherAfrica

Enter your email address to receive notifications of new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • OpenTalk
  • Understanding
  • Videos
  • Weekend
  • About

© 2021 FurtherMarkets

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?