Bank of Mozambique cuts rates, confident inflation is now under control
The Bank of Mozambique continued its rate-cutting cycle at its monetary policy meeting on Wednesday,…
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Moza investor wants the bank to remain Mozambican-owned
Arise, the Dutch-Norwegian investment fund for financial services in Africa, says it wants Moza Banco…
Bank of Mozambique sells stake in Moza Banco to Dutch-Norwegian fund
Frontier markets financial services investment fund Arise, owned by Dutch and Norwegian development finance institutions,…
Bank of Mozambique keeps cutting rates amid increased FX volatility
Increased dollar reserve requirement aims to keep metical steady following liberalisation of FX rules Continued…
Economists see stable metical through 2018; Mozambique eurobond could rally
The Bank of Mozambique will likely try to keep the local currency steady throughout 2018…
FX law change improves business environment, says Bank of Mozambique governor
Bank of Mozambique governor Rogerio Zandamela said yesterday that the country’s updated foreign exchange which,…
Mozambique eurobond buoyant despite another missed payment
Mozambique’s sovereign eurobond, issued in April 2016 to replace the controversial government-guaranteed EMATUM bonds, is…
Moza Banco completes $59m capital increase
The shareholders of Moza Banco, led by the pension fund of employees of Mozambique’s central…
Cross-network mobile money tech coming to Mozambique
A new mobile-money technology that operates across mobile phone networks is planning to launch in…
Moza calls on central bank pension fund for a further $46.6m
The Bank of Mozambique’s pension fund is planning to sink a further $46.6 million into…