adriano maleiane : financial services efficiency in mozambique opening speech by mr adriano maleiane, governor of the bank of mozambique ( banco de mocambique ), at the swift african regional meeting, maputo, 22 may 2006. * * * dear mr. arthur cousins, swift board member, dear mr. david pryce, regional director for africa dear guests ladies and gentlemen i accepted with satisfaction the invitation to chair the opening ceremony of the swift african regional conference to be held under the slogan “ transforming the future : optimizing the local, regional and global markets ”. i would like to welcome all delegates present in this conference room, especially the african countries ’ representatives. as hosts of the swift african regional conference, we are greatly honoured to welcome you in maputo and wish you a pleasant stay. the great interest and participation in this conference proves the commitment of our governments and financial institutions to information technology current matters that we currently use in order to better prepare our countries to face up the challenges of the globalization and regional and continental integration. nowadays, information technologies are a paramount platform for the activity of various economy sectors, including the financial sector as well as the payment systems. the swift is an integral part of the technological infrastructure that our institutions use for settlement and clearing of bills, in the perspective of better serving the clients, prevent risks associated with our activity and, in general, to contribute for business environment improvement, an important factor to attract investments that we need to accomplish our economic and social development plans. in the globalized world we live, the information technology platforms are ever more harmonised, the reason why it is urgent to improve them in order to reduce the transaction costs and allow an adequate risk management, both in the domestic plan, as well as within the regional and international scope. ladies and gentlemen, our economies continue to be too small in the context of production and world trade. our countries are, in general, very sensible to exogenous shocks, either those resulting from adverse natural factors as well as those induced by situational changes and yet those resulting from changes in the international trade rules. our positioning in the world economy continues to be, in overall terms, that of commodity producers, whose access to international markets still faces various barriers and unequal treatment. this characteristic makes our countries highly dependent on the international community financial support, mainly in the form of grants. mozambique started with deep reforms in 1987, whose results within the financial sector are already visible, as can be

ernesto gouveia gove : reinforcement of “ south – south ” cooperation statement by mr ernesto gouveia gove, governor of the central bank of mozambique, at the business function organised by the high commissioner of the republic of south africa on the occasion of nelson mandela ’ s day, maputo, 21 july 2010. * * * the governor of the banco de mocambique, mr. ernesto gouveia gove, defended last sunday, july 18, the reinforcement of “ south – south ” cooperation in order to minimize, in future, the access problems to international markets and the volatility of their prices. the governor ’ s statement as regards the issue was made during the business function organized by the high commissioner of the republic of south africa, in maputo, on the occasion of nelson mandela ’ s day. the function, which had the presence of mozambican and south african businessmen and members of the parliament of that country responsible for economic matters, served to increase synergies between the business sectors of both countries. – this meeting occurs in a moment when the recovery signs of the global economic activity have began to be strong worldwide, after years of major economic and financial crisis, whose effects in countries like ours had a strong impact on external sector, particularly through decline of export revenues as a result of the fall of international prices of almost all the exporting products – said the governor. in his point of view, the integration process underway in our countries, considering the existing investment opportunities, can contribute to the success of the fight against poverty and underdevelopment. according to the governor, the southern africa needs to be united in order to eliminate information asymmetries. – we need to share our vast experiences and to speak about what each one can do or offer to develop our countries. we need to give content and frame to the process of regional integration underway, implementing the strategic plan that already exists and undertaking the common and integrated projects, particularly the cross - border projects that can boost the regional trade – stressed the governor. in this context, mr. ernesto gove considers that the sadc member country authorities should proceed with institutional and macroeconomic reforms that allow the attraction of more investments to the region. it is also strongly recommended to deepen the financial sector so that it can develop a modern and strong capital market to fulfill the existing financing gap in so crucial infrastructure projects of the region.