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 which earn 6.3% interest but which mature in 2020. FOR…...
Latest Headlines
- BCI bank appoints new CEO, and former Prime Minister as chairman
- Kenmare made record profits in 2022 despite drop in demand from China
- March organiser tells of torture ordeal at hands of Mozambique’s police
- Exxon tenders for contractors to build revised Mozambique LNG project
- Freddy flooding cuts Mozambique coal export routes
- Shipping giant Maersk found sailing illegal timber from Mozambique to China
- Mozambique police fire tear gas on protest rapper’s funeral march
- Cyclone Freddy brings destruction and flooding to Mozambique again