After the demonstrations that have degenerated into violence in recent months in the country, there is a lot of uncertainty in society, especially with regard to the prospects for growth and the possibility of creating new opportunities for younger people.
At a meeting that took place on Monday (28) between the media and the Confederation of Economic Associations (CTA), the journalists didn’t miss the opportunity to ask businesspeople what they expect from the coming days. They admitted that economic growth this year will be much lower than in 2024 if no support measures are adopted following the acts of vandalism and looting of property that took place during the post-election demonstrations.
‘If we’re in a scenario where there are no measures, as we are, with the industrial fabric decimated, infrastructure decimated, unemployment and companies unable to finance their own recovery to restore their productive capacity, we won’t go much further than what we managed to do last year. It will be far below that,’ said CTA executive director Eduardo Sengo.
On the occasion, he explained that the country’s economic growth in 2025 is dependent on packages and measures to support companies, so that they can recover their equipment and infrastructure that was vandalised during the post-election demonstrations, guarantee the ‘stock’ of goods and secure jobs.
‘If there is a continued reduction in interest rates, the easing of the Compulsory Reserves and, above all, the availability of foreign currency for imports, we could project growth that is a little more robust than it was in 2024, but we won’t be able to achieve rates above 5 per cent (forecast for 2024),’ added Eduardo Sengo.
He also explained that the post-election turmoil has also affected the business community with a drop in consumption, reducing the private sector’s contribution to the Gross Domestic Product (GDP).

Eduardo Sengo
Sengo emphasised that economic growth for 2025 is also dependent on the country’s political and social stability. ‘If we manage to recover the ‘stock’ of investments, first of all, this will have an impact on economic growth. If we manage to recover purchasing power and domestic consumption, tourism works, transport returns to normal and aggregate consumption grows, these magnitudes together could represent a small acceleration in GDP, with a forecast of greater acceleration in 2026,’ explained the CTA representative.
The governor of the Bank of Mozambique (BoM), Rogério Zandamela, admitted on Monday (27) that the first quarter was ‘almost lost’ in terms of economic growth, due to the prevailing post-election social unrest, anticipating modest growth for 2025.
‘In our forecast, the first quarter would be almost lost, in the sense that we had a very difficult situation,’ Zandamela pointed out, adding that, ’at best, Mozambique should register zero or probably negative growth until March.’
Oxford Economics has revised downwards its forecast for the country’s economic growth for 2024 and 2025, due to the post-election violence, and now anticipates an expansion of 3.9 per cent and 3.2 per cent respectively.
‘We have lowered our forecast for GDP growth in Mozambique for this year, from 4.4 per cent to 3.9 per cent, and for next year we estimate a reduction in the forecast from 4.1 per cent to 3.2 per cent,’ the analysts wrote in their most recent commentary on the evolution of the national economy.