Bank of Mozambique tightens bank capital requirements
The Bank of Mozambique on Monday announced that it had strengthened the requirements for the…
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Bank of Mozambique cuts lending rate but more inflation is in the pipeline
The Bank of Mozambique yesterday lowered its benchmark lending rate by half a percentage point…
Bank of Mozambique introduces new exchange rate rules
A set of new regulations came into force today, 3 April, governing how banks and…
Atlas Mara quits Moza quest as Barclays joins the fray
European and African banking groups are conducting due diligence on Moza Banco and preparing binding…
Moza Banco back in play after shareholders fail to raise recap funds
The Bank of Mozambique is preparing to sell Mozambique’s fourth largest bank to a new…
Mozambique to default again on ‘hidden debt’ payment due today
Mozambique’s finance ministry has confirmed the country will not pay the first full instalment on…
Mozambique currency shrugs off sovereign default to firm up against the dollar
Mozambique’s currency, the metical, has recovered ground against the dollar despite a sovereign default in…
Société Générale won’t rule out M&A to hit 10% market share in Mozambique
French multinational banking group Société Générale today denied reports that it is in talks to…
Mozambique aims to have debt restructure proposal by end of March – report
Mozambique is aiming to have a “concrete proposal” for its creditors by the end of…
Bank of Mozambique rescinds capital control measure, announces new policy tool
The Bank of Mozambique yesterday held its benchmark interest rates steady, as expected, but announced…