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/ 14 December 2007

Mozambique looks to donors to boost budget

More than 50% of Mozambique’s national budget for 2008 will be made up of a financial injection from foreign donors, the Friday edition of Daily Investor Intelligence reported. Manuel Chang, Finance Minister, said that 56% of the 89-billion meticais (about ,5-billion) will be secured from international donors.

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/ 18 September 2007

SA, Mozambique aim to boost cross-border trade

South African President Thabo Mbeki and his Mozambican counterpart Armando Guebuza reached agreement Tuesday on moves aimed at increasing access and levels of trade across their common border. In a briefing to reporters after the meeting in Pretoria, senior ministers said the main crossing between the neighbours would soon undergo a major revamp.