Browsing: Economy

Economy The Karadeniz powership in Nacala port.
0

Power exports to neighbouring countries should be one of four pillars on which development of the Mozambican economy is built – and coal and gas will be a bonus when they start generating money, Mozambique’s transport minister told a conference in London [...]

Log into your account to read this article, or purchase it for £8.00

Purchase this Content (£8.00) Choose a Membership Level

If you are already subscribed, log in below
Log In

Economy Credit Suisse arranged the ProIndicus and EMATUM loans.
1

The Mozambique government has offered EMATUM bond investors an interest rate of 10.5% per year on up to $585.5 million worth of new government debt, to be repaid in 2023. The bond will be offered in exchange for the existing $697 million in EMATUM bonds [...]

Log into your account to read this article, or purchase it for £8.00

Purchase this Content (£8.00) Choose a Membership Level

If you are already subscribed, log in below
Log In

Economy Maputo, capital of Mozambique. Photo: Zitamar News
1

Credit rating agencies Standard & Poor’s and Moody’s yesterday downgraded Mozambique’s sovereign rating to CC on the expectation that the government’s attempt to restructure the outstanding $700 million of the controversial EMATUM debt will count as a [...]

Log into your account to read this article, or purchase it for £8.00

Purchase this Content (£8.00) Choose a Membership Level

If you are already subscribed, log in below
Log In