Search

Mozambique cuts fuel prices as FX shortage persists

© Unsplash
  • Petrol, diesel and paraffin see second price drop this year
  • Analysts say move aims to lower input costs and spur investment

Maputo, Mozambique – Mozambique’s energy regulator has announced a fresh round of fuel price cuts, as the government attempts to ease cost pressures on industry and consumers while grappling with a shortage of foreign exchange.

You need an active subscription to continue reading this article.

Recent Business

michael-njoroge-H1Z6DxyVYbE-unsplash
Kenya’s 30-year bond reissue flops as investors demand higher yields
Read More »
Breaking News
IMF approves $90 Million disbursement to Benin
Read More »
evergreens-dandelions-P9XVJiqdA5k-unsplash
Mozambique cuts fuel prices as FX shortage persists
Read More »

Recent Politics

Allen dreyfus Logo
Nigeria inflation slows again in May, raising rate cut prospects
Read More »
edward-liao-BfTqBBZG6ws-unsplash
Oil price surge offers budget relief but raises risk for Nigeria
Read More »
iqro-rinaldi-jE_XQeC788s-unsplash
Insecurity and floods threaten Nigeria’s disinflation trend
Read More »

Latest Posts

Latest news insights