Economic and Business Information

2015-02-05

Mozambique’s 2015 budget to be presented in March

Mozambique’s new government plans to submit the national budget for 2015 to the Parliament in early March, according to Minister of Economy and Finance Adriano Maleiane.

2015-02-05

China eases bank reserve requirement to spur growth

The People’s Bank of China on Wednesday announced a cut in the amount of cash that banks must set aside as reserves. This was the first time in over two years that China’s central bank eased bank reserve requirements.

2015-02-04

Mozambique resilient to global macroeconomic uncertainty: Central Bank

Mozambique remains resilient to global macroeconomic challenges, said the Governor of the Bank of Mozambique, Ernesto Gove, on Friday.

2015-02-04

Brazil wants to expand agricultural exports to China

Brazil is planning to expand the scope of agricultural exports to China, said the country’s new Agriculture Minister, Kátia Abreu.

2015-02-04

Cape Verde business confidence slips further in Q4

Cape Verde’s economic climate indicator continued its downward trend in the fourth quarter of 2014, according to the country’s National Statistics Institute (INE).

2015-02-03

Inflation control Brazil’s main economic priority: Rousseff

Brazil’s President Dilma Rousseff says controlling inflation is the country’s main economic priority.

2015-02-03

China-Africa cooperation should focus on infrastructure: AU

Infrastructure development is one of the areas on which cooperation between China and Africa should focus, says Nkosazana Dlamini-Zuma, chairperson of the African Union (AU).

2015-02-03

African Development Bank announces framework to support Guinea-Bissau

The African Development Bank said it would support Guinea-Bissau in “strengthening its governance” and in “development of infrastructure that will foster inclusive growth”.

2015-02-02

China’s manufacturing gauge shrinks to 49.8 in January

Chinese manufacturing activity dropped for the first time in more than two years in January, with growth in the services sector also falling to a one-year low, according to separate official surveys published on Sunday.

2015-02-02

Portugal’s tourism industry posts strong growth in 2014

Portugal recorded one of the highest growth rates in the European Union (EU) for the number of nights spent in tourist accommodation establishments last year.

2015-02-02

Brazil remains Macau’s largest Portuguese-speaking trade partner

Brazil remained Macau’s largest trade partner among Portuguese-speaking countries in 2014.

2015-01-30

China’s yuan now ranked 5th as global payment currency

The Chinese currency, the yuan, became the fifth most-used payment currency in the world as of November 2014; global transaction services organisation SWIFT said this week.