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Topic: Economy of Mozambique


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In the News (Sun 15 Nov 09)

  
  AllRefer.com - Mozambique, country, Africa : Economy (Mozambique Political Geography) - Encyclopedia
In 1990, Mozambique was estimated to be the world's poorest nation; since then, the country has been in transition toward a more market-oriented economy and the prospect of raising its standard of living.
Mozambique remains an overwhelmingly agricultural and poor country, however, with the majority of its workers engaged in traditional subsistence cultivation.
Mozambique's industrial sector is devoted largely to the processing of raw materials.
reference.allrefer.com /encyclopedia/M/Mozambiq-economy.html   (433 words)

  
 MSN Encarta - Mozambique
During the long civil conflict, Mozambique's environment was neglected though since the signing of a peace treaty in 1992 Mozambique has started repairing the environmental damage that resulted from its wars.
Several national parks were created in Mozambique during the Portuguese colonial era, but by the civil war, the country had the lowest percentage of protected land in any African country, with just 21 sq km (8 sq mi) of protected area.
Recurrent drought is contributing to the desertification of farmland.
uk.encarta.msn.com /encyclopedia_761571212_2/Mozambique.html   (649 words)

  
 Mozambique - Hutchinson encyclopedia article about Mozambique   (Site not responding. Last check: 2007-10-09)
The first European to reach Mozambique was Vasco da Gama in 1498, and the country became a Portuguese colony in 1505.
Two activities had been the mainstay of Mozambique's economy: transit traffic from South Africa and Rhodesia and the export of labour to South African mines.
Mozambique's economic problems were aggravated in 1987 by food shortages, after another year of drought.
encyclopedia.farlex.com /Mozambique   (1228 words)

  
 Mozambique - Economy
During the 1990’s Mozambique was one of the world’s fastest growing economies, but this has been off a very low base for it is one of the poorest and most aid-dependent countries in the world, GNP per capita in 1997 at US$90 being the lowest in the world.
Much of Mozambique’s economy was devastated by almost three decades of internal warfare during which millions of Mozambicans were displaced and many thousands killed or maimed by armed strife.
Characterized as a dual economy because of the large divide between the dynamic, capital-intensive sector and under-performing traditional sector, Mozambique’s economy is today relatively diversified.
www.iss.org.za /AF/profiles/Mozambique/Economy.html   (1181 words)

  
 africa.iafrica.com | african_business Mozambique's economy recovering   (Site not responding. Last check: 2007-10-09)
Mozambique, which recently held key elections, is rebuilding an economy ruined by 16 years of civil war through pragmatic steps that have attracted overseas investors and got the thumbs up from international financial institutions.
The biggest foreign investors in Mozambique are neighbouring South Africa, the largest economy on the continent, and Mauritius.
Mozambique had a crushing external debt estimated at six billion dollars under the Heavily Indebted Poor Countries (HIPC) initiative of the Bretton Woods institutions, it has been slashed to $1.6-billion.
africa.iafrica.com /african_business/393962.htm   (570 words)

  
 Legal Week   (Site not responding. Last check: 2007-10-09)
Mozambique is a republic with five principal sovereign bodies — the President of the Republic, the National Assembly of the Republic, the Government, the Constitutional Council and the courts.
Mozambique’s main economic activity, and that developed by the largest part of the population, is agriculture.
The economy is currently divided into the public sector, the private sector, and the co-operative and social sector, which are governed by a multiplicity of normative instruments.
www.legalweek.net /ViewItem.asp?id=26177   (1237 words)

  
 Encyclopedia: Economy of Mozambique
This article describes the Economy of Côte dIvoire The Ivorian economy is largely market based and depends heavily on the agricultural sector.
The economy of Hong Kong has often been cited by people such as Milton Friedman and the Cato Institute as an example of the benefits of laissez-faire capitalism.
The economy of Macau is based largely on tourism (including gambling) and textile and fireworks manufacturing.
www.nationmaster.com /encyclopedia/Economy-of-Mozambique   (2083 words)

  
 An MBendi Profile: Mozambique - Overview
Mozambique is an independent republic which lies on the south-east coast of Africa and forms part of the Southern African region.
Mozambique's economy continued to grow at a fast pace of 7.3% in the first half of 2005, on the back of a few giant and largely South African-financed ventures.
S&P says that Mozambique's outlook is "positive" for the next few years and that Mozambique's strengths include the rapid growth in its exports, increased foreign direct investment in the country, and the government's "commitment to deepening reform".
www.mbendi.co.za /cymzcy.htm   (1030 words)

  
 Background Notes Archive - Africa
Mozambique's most highly developed art forms have been wood sculpture, for which the Makonde in northern Mozambique are particularly renowned, and dance.
Mozambique's principled decision to enforce UN sanctions against Southern Rhodesia and deny that country access to the sea, led Ian Smith's regime to undertake overt and covert actions to destabilize the country.
Mozambique is a member of the Non- Aligned Movement and ranks among the moderate members of the African Bloc in the United Nations and other international organizations.
dosfan.lib.uic.edu /ERC/bgnotes/af/mozambique9607.html   (3660 words)

  
 allAfrica.com: Mozambique
Mozambique's Minister of Agriculture, Tomas Mandlate, on Monday expressed concern at the deteriorating state of food insecurity in the country, which meant that Mozambique was still a long way from achieving the first of the Millennium Development Goals - which is to eradicate extreme poverty and hunger.
Mozambique's Minister of Public Works, Felicio Zacarias, and the governor of Maputo Province, Telmina Pereira, on Monday inaugurated the rehabilitated water supply system in the town of Namaacha, on the border with Swaziland.
Mozambique's National Director of Health, Mouzinho Saide, inaugurated in Maputo on Monday a course for Medical Authors and Editors of the Portuguese speaking African countries (PALOP) as part of the "Forum for African Medical Editors (FAME), where he stressed that any knowledge acquired in research "is only good as long as it is disseminated".
allafrica.com /mozambique   (940 words)

  
 [No title]
According to latest revised government data, the HIV prevalence rate in Mozambique is now about 15 percent of adult population with an estimated average daily infection of about 700.
Mozambique's economic recovery programme had already gained momentum under Western-backed structural reforms before all the achievements were washed away by consecutive floods last year and early this year.
Mozambique has been implementing a structural adjustment programme backed by the World Bank and the International Monetary Fund (IMF) since 1987 and since then it has received around eight billion dollars in external aid.
www.aegis.org /news/afp/2001/AF011070.html   (490 words)

  
 Mozambique Economy
With a high foreign debt (originally $5.7 billion at 1998 net present value) and a good track record on economic reform, Mozambique was the first African country to receive debt relief under the initial HIPC (Heavily Indebted Poor Countries) Initiative.
The resettlement of war refugees and successful economic reform have led to a high growth rate: the average growth rate from 1993 to 1999 was 6.7%; from 1997 to 1999, it averaged more than 10% per year.
Economic disruptions stemming from the devastating floods of 2000 caused inflation to jump to 12.7% that year, and it was 13% in 2003.
www.nationbynation.com /Mozambique/Economy.html   (729 words)

  
 BBC NEWS | Business | Mozambique transforms its economy
Mozambique has emerged from being the poorest country in the world, virtually destroyed by civil war, into one of the top destinations for foreign investment in Africa.
The nation's latest big investment project is a hi-tech $1.2bn ($660m) gas plant, situated in the middle of bushland in the south of the country.
Mozambique's Prime Minister Luisa Diogo, who also looks after the finance and planning ministry, told the BBC's World Business Report how much foreign investment has come into the country over the past two years.
news.bbc.co.uk /2/hi/business/3619505.stm   (576 words)

  
 Mozambique/Economy - Wikipedia
Almost all aspects of the economy have been liberalized to some extent.
Albeit from a small base, Mozambique's economy grew at an annual 10% rate in 1997-99, one of the highest growth rates in the world.
In addition, Mozambique is on track to receive a formal cancellation of a large portion of its external debt through a World Bank initiative.
nostalgia.wikipedia.org /wiki/Mozambique/Economy   (445 words)

  
 Mozambique's Prevention Wing of the Military:
Mozambique's President Alberto Joachim Chissano has credited much of his country's sustained peace and resulting economic development to creating a Prevention Wing of the military.
The economy had stagnated to the point that private foreign investment was nearly impossible to obtain.
Mozambique's civilians have demonstrated through their actions that they believe peace will be maintained.
www.afbis.com /analysis/mozambiq.htm   (1487 words)

  
 Afrol Mozambique Index Page: Links to Mozambique
All countries are represented with data from the fields geography, economy, population and social indicators.
Mozambique Economic Development and Indicators is an annual NewAfrica country profile on their pages about African economy.
On their Mozambique Page you'll find country background information and facts (overviews) for the traveler (money and costs, when to go, attractions, activities, getting there, getting around, etc.), if there's not a travel warning.
www.afrol.com /Index/countries/mozambiqueindex.htm   (2247 words)

  
 Economy Of Mozambique   (Site not responding. Last check: 2007-10-09)
If you would like to use this flag of Mozambique or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this map of Mozambique or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
If you would like to use this information for Mozambique or any other on your website you are welcome to do so, all we ask is that you include a link back to our site on the same page.
www.appliedlanguage.com /country_guides/mozambique_country_economy.shtml   (572 words)

  
 The World Travel Guide Online - Mozambique
Mozambique consequently depends heavily on large injections of foreign aid, most of which has been earmarked for the rural economy.
In June 1997, the IMF officially recognised the country's success in curbing inflation and fostering growth; Mozambique was deemed eligible for debt relief under the Heavily Indebted Poor Countries Initiative: this would not be implemented until late 1999, however, and remains dependent on Mozambique's continued implementation of certain adjustment measures.
While there have been signs of improvement, it will be some years before Mozambique can reach even the levels of income and development which it enjoyed at the end of the colonial era in the mid-1970s.
tis1.wexas.com /wtg/data/moz/moz490.htm   (453 words)

  
 allAfrica.com: Mozambique: Economy Continues to Grow, Leaving Out Poor   (Site not responding. Last check: 2007-10-09)
Mozambique's economy continued to grow at a fast pace of 7.3 percent in the first half of this year, on the back of a few giant and largely South African-financed ventures.
The SandP report said that Mozambique's outlook was "positive" for the next few years and that Mozambique's strengths included the rapid growth in its exports, increased foreign direct investment in the country, and the government's "commitment to deepening reform".
The UN and aid groups have been pressing the donor community to act now on Southern Africa while there is still chance to avoid a crisis like the one that hit Niger, where warnings of looming disaster went unheeded for too long.
allafrica.com /stories/200509300149.html   (632 words)

  
 Mozambique   (Site not responding. Last check: 2007-10-09)
Economy - overview: One of Africa's poorest countries, Mozambique has failed to exploit the economic potential of its sizable agricultural, hydropower, and transportation resources.
The restoration of electrical transmission lines to South Africa and the completion of a new transmission line to Zimbabwe (permitting the giant Cahora Bassa hydropower plant to export large amounts of electricity), proposed construction of a natural gas pipeline to South Africa, and reform of transportation services will greatly improve foreign exchange receipts.
The Mozambique and South African governments are developing the Maputo corridor, linking the port of Maputo with Witbank, South Africa.
www.cartage.org.lb /en/themes/GeogHist/geography/economy/eccountries/M/mozambique.html   (361 words)

  
 InvincibleDefense
Following the successes of Mozambique's "Prevention Wing of the Military," more countries may soon apply this strategy to create the highest ideal of military service: Invincibility without harm for military personnel or the nation; and lasting peace for the world-victory before war.
Mozambique's Prevention Wing of the Military: End war, Improve the economy.
L'unité de prévention dans l'armée du Mozambique: la fin de la guerre civile et l'amélioration de l'économie (French translation of "Mozambique's Prevention Wing of the Military: End war, Improve the economy").
www.peace.ca /invincibledefense.htm   (3986 words)

  
 Mozambique Economy - GDP, Budget, Industry and Agriculture
If you need other information please visit the Mozambique Country Page.
This will lead to the complete forgiveness of a considerable volume of bilateral debt, which is currently being negotiated between Mozambique and its partners.
The United States has finished this process and forgiven Mozambique of its debt.
www.factrover.com /economy/Mozambique_economy.html   (901 words)

  
 The World Factbook page on Mozambique, Section: Economy
Elections held in 1994 diverted government attention from the economy, resulting in slippage and delays in the economic reform program.
Nonetheless, growth continued in 1994-95, and the economy should move forward in the late 1990s, given continued foreign help in meeting debt obligations.
One key event in 1995 was the conclusion of negotiations with Enron of Houston, Texas, for a $700 million project to exploit the Pande natural gas fields.
www.dlhoffman.com /publiclibrary/factbook96/factbook/mz-e.htm   (284 words)

  
 Training For Health Renewal   (Site not responding. Last check: 2007-10-09)
Linking institutions and communities in Mozambique and Canada (the University of Saskatchewan and the Ministry of Health in Mozambique and community partners) on effective community health work and the training of health workers has yielded some very creative and supportive spin offs.
This desire for continuing links led to a school based initative in Canada to support the schools in Mozambique - over 40% of the population is under 15 and literacy is critical for the development of the nation.
Small in scope, the support for schools in Mozambique from schools in Saskatchewan is growing and building not only good schools, but learning/friendship links between teachers and students in Mozambique and Saskatchewan.
www.mozambique-canada.ca   (698 words)

  
 IOL: Guebuza hopes to boost Mozambique's economy
Leaders and dignitaries from Africa, Asia and Latin America were among the estimated 5 000 people who looked on as Guebuza took his oath of office at a ceremony on Maputo's Independence Square.
Guebuza has indicated he will keep the economy of the former Portuguese territory, growing at a rate of 10 percent a year in recent years, on track.
Mozambique's main opposition party Renamo protested the outcome of the December parliamentary and presidential elections citing irregularities.
www.iol.co.za /index.php?set_id=1&click_id=84&art_id=qw1107346861636B252   (299 words)

  
 LookSmart - Directory - Economy of Mozambique   (Site not responding. Last check: 2007-10-09)
Economy of Mozambique - Highlights details on trade, foreign imports, economic activities, foreign exports, and statistics.
Uncover details on Mozambican economy, foreign imports, trading partners, chief crops, natural resources, foreign exports, economic growth, and tsetse fly.
Read about the economy which has transitioned from crisis to growth, and review the objectives and results of the US assistance programs.
lsxml.looksmart.com /p/browse/us1/us317916/us53711/us53713/us591229/us591231/us10141705   (188 words)

  
 allAfrica.com: Southern Africa: Huge Zimbabwean Water Project May Affect Mozambique   (Site not responding. Last check: 2007-10-09)
An agreement on diverting the waters of the Zambezi river is about to be signed in Malaysia on Saturday, although there has been no public discussion on the matter in Mozambique, a country whose vital interests could be seriously affected by any significant lessening in the flow of the Zambezi.
The project is to take water from the Zambezi and pump it over 450 kilometres to the Zimbabwean city of Bulawayo and other parts of Matabeleland province.
The Zambezi is crucial to the economy of Mozambique.
allafrica.com /stories/200407300494.html   (514 words)

  
 1Up Travel > Mozambique Economy - Economic Facts of Mozambique is here.
Before the peace accord of October 1992, Mozambique's economy was devastated by a protracted civil war and socialist mismanagement.
Growth slowed and inflation rose in 2000 due to devastating flooding in the early part of the year.
Mozambique has received a formal cancellation of a large portion of its external debt through an IMF initiative and is scheduled to receive additional relief.
www.1uptravel.com /international/africa/mozambique/economy.html   (447 words)

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