Mozambique - line Financial and Capital Markets • Banking...

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Click to edit Master subtitle style 5/13/10 Mozambique By: Brittney Atkins, Ken Clarke, Shannon Moran
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5/13/10 Introduction Population as of 2007: 21,669,278 Gained independence on June 25, 1975 from Portugal 172 of 178 of poorest countries Many business opportunities
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5/13/10 Culture Language One of the 15 most linguistically diverse countries No single language constitutes a majority language Portuguese official language, 43 other tongues 6.5% speak as a native language 39.6% speak as a second language
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5/13/10 Political and Legal Systems Relations with US US largest donor Labor Laws Changing to make it easier for business to hire i.e. 90 day notice period to 28 day
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5/13/10 Economic Markets and Inflation rate decline to 8% in 2007 Dependent on foreign aide to sustain annual budget GDP increase to 7.5% in 2007 Majority of population below poverty
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Unformatted text preview: line 5/13/10 Financial and Capital Markets • Banking – Almost all banks are nationalized – Foreign investors allowed to invest as of 1992 – Bank leader is Banco Internacional de Mocambique • 48% loan market, 52% deposit market 5/13/10 Special Marketing, HR, and • Health services – 1.26 health workers per 1000 people – 900 doctors and 4300 nurses for population of over 20 million – ½ of the doctors are in province of Maputo – National Health HR Development Plan of 2008-2015 5/13/10 Strengths and Weakness • Transportation Infrastructure – Only 18% of roadways are paved – Railways improving; more attractive to exporters – Ports important for exporters and landlocked neighbors • Manufacturing Strengths &Weaknesses – S: Cheap electricity, Government incentives, 5/13/10 The End...
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This note was uploaded on 05/12/2010 for the course GEB 3375 taught by Professor Sweo during the Spring '08 term at University of Central Florida.

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Mozambique - line Financial and Capital Markets • Banking...

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