Browsing: ProIndicus

Economy

30. April, 20210

Mozambique goes to UK’s Supreme Court over ‘hidden debts’ shipbuilder

The Mozambican state has taken its legal claims against the shipbuilder at the heart of the so-called “hidden debts” scandal to the United Kingdom’s Supreme Court

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Daily Briefing

22. December, 20200

Zitamar Daily Briefing, 22 December

Welcome to Zitamar’s daily Mozambique briefing for 22 December 2020 Zitamar Dec 22 Dear subscribers,…...

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Hidden Debts dossier

18. December, 20200

Proindicus lenders sue Mozambique and Credit Suisse after 4-year default

Lenders to the failed security company say they “invested in good faith and on the basis of legally binding agreements"

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Hidden Debts dossier

9. November, 20200

Attorney General lays charges against former finance minister Chang

Mozambique's Attorney General has filed charges at a court in Maputo against former finance minister Manuel Chang, and three former central bank employees

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Daily Briefing

16. October, 20200

Zitamar Daily Briefing, 16 October

Welcome to Zitamar’s daily Mozambique briefing for 16 October, 2020 Zitamar Daily Briefing Oct 16…...

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Daily Briefing

6. July, 20200

Zitamar Daily Briefing, 6 July

Welcome to Zitamar’s daily Mozambique briefing for 6 July, 2020 Zitamar Daily Briefing Jul 6…...

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Hidden Debts dossier

13. May, 20200

Proindicus and MAM guarantees ruled unconstitutional

Mozambique’s Constitutional Council has ruled the sovereign guarantees granted to Proindicus and MAM by finance minister Manuel Chang and head of treasury Maria Isaltina Lucas to be null and void, as they violated Mozambique’s constitution

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Hidden Debts dossier

17. March, 20200

Mozambique pays first eurobond coupon, as VTB sues for $670m

Mozambique has paid its first ever sovereign eurobond coupon -- but is being sued for not honouring another sovereign guarantee of equally questionable legitimacy

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Hidden Debts dossier

5. December, 20190

Boustani trial provides ‘roadmap’ for future claims despite jury’s acquittal

he acquittal of Privinvest’s Jean Boustani is not the end of legal claims and counter-claims being brought in the US, London, Switzerland and Mozambique

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Hidden Debts dossier

28. November, 20190