Browsing: Lazard

Economy
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A criminal indictment in the US over Mozambique’s $2.2 billion hidden debt scandal will affect negotiations between the Mozambican government and the holders of the loans that financed the deals, Prime Minister Carlos Agostinho do Rosário said yesterday. The [...]

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Economy
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Mozambique’s progress towards a new programme with the International Monetary Fund is “proving challenging” as the country’s government continues to enter into new loan deals and is not moving fast enough to renegotiate its existing debt stock, the IMF’s [...]

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Politics
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The company conducting an international audit into Mozambique’s three maritime security companies that borrowed $2 billion with sovereign guarantees, has been given another month’s extension to complete its report, originally due at the end of [...]

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