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WorldMarch 2 2015

Mozambique's CBG targets inclusive growth

Mozambique's economy has performed strongly in recent years, and the country's central bank governor, Ernesto Gove, describes how he intends to build on this growth with, among other things, more liberal investment policies, while also ensuring that opportunities are open to local businesses and profits benefit the entire population. 
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As statements of confidence go, the Mozambique central bank’s brand new headquarters, currently under construction on the Avenida de 25th Setembro in central Maputo, is a pretty obvious one. Set for completion in 2016, the high-rise, glass-encased structure will be one of the tallest in the neighbourhood, projecting a successful image and helping to spruce up the centre of the capital.

“It’s a bit like Caeser’s wife,” confides one senior ex-employee of the bank. “She has to stay beautiful to match public expectations.”

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