Zitamar Daily Briefing, 21 February
Welcome to Zitamar’s daily Mozambique briefing for 21 February, 2019 The latest from Zitamar News:…
Browsing: FMO
Graça Machel calls on Credit Suisse to cancel Mozambique debts
Graça Machel, a major political figure in Mozambique and widow of Mozambique’s first president Samora Machel, and of Nelson Mandela, has written to Credit Suisse urging it absolve Mozambique of the responsibility to repay the $2 billion in debt that it helped arrange for companies owned by [...]
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Zitamar Daily Briefing, 16 November
Welcome to Zitamar’s daily Mozambique briefing for 16 November, 2018.
Agenda
- Today: Mozambique-China business forum in the AFECC Gloria Hotel
- Tomorrow: Foreign minister José Pacheco represents Mozambique at a two-day Head of States summit [...]
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Moza investor wants the bank to remain Mozambican-owned
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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Bank of Mozambique sells stake in Moza Banco to Dutch-Norwegian fund
Frontier markets financial services investment fund Arise, owned by Dutch and Norwegian development finance institutions, has agreed to buy a stake in Moza Banco from the Bank of Mozambique’s pension fund, Kuhanha, which
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Sasol and EDM finally tie up Mozambique gas-fired power plant finance
Gas-fired power project financing suggests Mozambique’s electricity utility is now a credible, if fragile, offtaker
The 175 megawatt gas-fired power plant jointly owned by Mozambican electricity utility EDM [...]
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Bank of Mozambique’s controversial ‘Moza’ deal faces ethics scrutiny
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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