Browsing: Arise

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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Finance Bank of Mozambique governor Rogério Zandamela addressing journalists on 21 October 2016. Photo © Tom Bowker / Zitamar News
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The controversial award of Moza Banco to the Bank of Mozambique’s pension fund is being analysed by Mozambique’s Central Commission on Public Ethics after the central bank brushed off accusations of a conflict of interest, saying such concerns were [...]

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