Inflation to hit 11.7%, says Standard Bank; Government to subsidise minibus transport to end strike

Welcome to Zitamar’s daily Mozambique briefing for 5 July 2022

Agenda:

• Today: President Filipe Nyusi receives Italian president Sergio Matarella, during the latter’s state visit to Mozambique

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From the Zitamar Live Blog:

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Inflation to hit 11.7%, says Standard Bank
The new forecast follows the government’s raising of fuel prices

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Also in the news:

• Government to subsidise minibus transport to end strike (DW, O País)

• World Bank subsidising minibus fares (A Verdade)

• Mozambique eyes Chinese support to finance EN1 repairs (Lusa)