Demographics of Mozambique are dominant in the northern part of the country — the Sena and Shona (mostly Ndau) are prominent in the Zambezi valley, and the Shangaan (Tsonga) dominate in southern Mozambique. Other groups include Makonde, Yao, Swahili, Tonga, Chopi, and Nguni (including Zulu). The country is also home to a growing number of white residents, most with Portuguese ancestry. During colonial rule, European residents hailed from every Mozambican province, and at the time of independence the total population was estimated at around 360,000. Most vacated the region after independence in 1975, emigrating to Portugal as "retornados". There is also a larger
Bank of Mozambique Bank of Mozambique The Bank of Mozambique () is the central bank of Mozambique. The bank does not function as a commercial bank, and has the responsibility of governing the monetary policies of the country. The president of the Republic appoints the governor. The bank is situated in the capital, Maputo, and has two branches, one in Beira and one in Nampula. The Bank of Mozambique is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion. Most of Mozambique was a Portuguese overseas territory for several centuries. After independence in 1975, the newly