Browsing: Finance

Business A branch of Moza Banco in the town of Chicualacuala, opened in May 2017. Photo: Moza Banco
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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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Business Bank of Mozambique staff assembled in Lichinga, January 2018
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Bank of Mozambique governor Rogerio Zandamela said yesterday that the country’s updated foreign exchange which, among other things, removes the requirement for companies in Mozambique to convert at least half of their export earnings into meticais, would [...]

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