Mozambique central bank governor denied knowledge of ProIndicus – and now refuses questions on EMATUM IMF source said denial is “hard to believe” S&P puts Mozambique rating on ‘outlook negative’ but says default may not be imminent The main opposition party in Mozambique, Renamo, has raised questions in parliament over the central bank’s denial that…...

Bank of Mozambique governor Ernesto Gove refused to take questions on the hidden debts at a press conference on 21 July 2016. Photo © Timothy Haccius / Zitamar News