Browsing: Finance

Economy
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Mozambique government could face fiscal crisis after T-bond auction failure

Mozambican banks are increasingly unwilling to lend money to the state to help cover its budget deficit, which could lead to a renewed public spending crisis in the runup to elections and threatens the Bank of Mozambique’s efforts to combat inflation and [...]

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Business
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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 to remain majority-owned by Mozambicans if and when it takes a “significant minority interest” in the bank, giving it at least one seat on the bank’s [...]

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