Bank of Mozambique holds lending rate steady at June meeting
The Bank of Mozambique today kept its lending rate steady at 18%, despite inflation having…
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Bank of Mozambique dismisses liquidator of failed Nosso Banco
Bank of Mozambique dismisses liquidator of failed Nosso Banco The Bank of Mozambique has dismissed…
Bank of Mozambique fines and suspends ex-Moza Banco board members
On Monday, the Bank of Mozambique announced sanctions against the former members of Moza Banco’s…
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,…
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…