Browsing: Andrey Kostin

Economy
0

Maleiane promised to honour all ‘hidden debts’ if court would rule them legal — report

Mozambique would have converted the $535 million MAM loan into sovereign debt if any Mozambican court had deemed the government guarantee for the MAM loan legal, finance minister Adriano Maleiane told the Russian lender, VTB, in a meeting in early 2018, according [...]

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Daily Briefing
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Zitamar Daily Briefing, 10 January

Welcome to Zitamar’s daily Mozambique briefing for 10 January, 2020


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Daily Briefing
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Zitamar Daily Briefing, 22 October

Welcome to Zitamar’s daily Mozambique briefing for 22 October, 2019


Economy
1

VTB chief plans to meet Mozambique president to urge debt negotiation

The head of Russian bank VTB which - along with Swiss bank Credit Suisse - arranged $2 billion in lending to Mozambique which is now in default, has said he is planning to meet the president of Mozambique “soon” to try and persuade the country to negotiate [...]

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