Brazil's BRICS presidency this year will not advance a common currency for the group of major developing economies this year, ...

THERE are mixed feelings over the introduction of new denominations of the Kwacha currency in Zambia. Some opposition parties argue this will fuel inflation while some argue the move would stabilise ...

Disclaimer: The currency exchange rates used on this page are obtained from various sources of money market. The rates here are only for info purpose and are not intended as a suggestion or ...

Maputo — The executive order issued by Donald Trump on 20 January, suspending almost all foreign aid programmes for 90 days, is now in effect in Mozambique. The order arrived in Maputo last ...

PARIS — A delay in restarting work on a TotalEnergies' liquefied natural gas (LNG) plant in Mozambique means the facility will not be operational by 2029 as the company’s chief executive Patrick ...

NAIROBI, Jan 23 (Reuters) - Mozambique's international bonds tumbled ... The government lost 42 billion metical ($664.03 million) in revenues as a result of the economic disruption caused by ...

Kalmar Corporation has received an order to supply Mozambique’s Maputo Port Development Company (MPDC) with four heavy forklifts, a medium forklift and five terminal tractors. The order was booked in ...

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The crypto industry eagerly awaited Donald Trump’s return to the White House. Now, it’s reeling after the president and first lady launched a pair of meme coins ...

But days before his inauguration, Trump shocked many of his crypto supporters by peddling a digital token known as a meme coin, a functionally worthless asset that trades on hype and are a go-to ...

On June 16, Mozambique introduced a new series of metical notes and coins, which will gradually replace those ... 1975 – kept the previous six banknotes in circulation. “The denominations of 1,000, ...

Even in modern times, we are used to seeing the head of the monarch on our coins. Coins and banknotes are still fiduciary, which means that they have little or no intrinsic value. Their value ...