Economy of Mozambique the second international fibre (EASSy) in 2010. The lower cost of bandwidth has already started to trickle down to lower consumer prices in some service segments, while others have remained unchanged. The banking system collapsed after independence from Portugal in 1975. From an earlier position (in the 1980s) of central government control of the economy, Mozambique has initiated rapid reforms in recent years, accelerating the implementation of market-based economic policies, and committing to a policy of fiscal and monetary discipline. In 1995 the government introduced its medium-term economic growth, strategy which it continues to pursue. Since the late 1990s, both
History of the Jews in Mozambique History of the Jews in Mozambique The history of the Jews in Mozambique, until 1975, was closely connected with the history of Judaism through the former Portuguese empire, particularly those elements of it operating on the coastlines of the Indian Ocean. By the time the first Portuguese ships entered this ocean in the late 15th century, Jewish merchants and persons connected with sea work had lived on, and next to, this ocean for many centuries. As a European presence deepened by the late 19th century in the Portuguese East African colonial capital then called "Lourenço Marques", a cluster of Jews