November 08, 2023
Mozambique: Debts - Credit Suisse Bows Out of London Trial
Credit Suisse on Tuesday withdrew from the trial taking place in the London High Court on the case of Mozambique's "hidden debts'. Read more »
September 21, 2023
Mozambique: Eskom's Debt Among Factors Delaying Import of More Power From Mozambique
The South African Minister of Electricity, Kgosientsho Ramokgopa, has claimed that the supposedly complicated nature of the transaction, a lack of urgency from the South African… Read more »
September 06, 2023
Mozambique: Mozambique Airlines Reduces Debt By Over U.S.$61 Million
The publicly-owned company Mozambique Airlines (LAM) has reduced its debt by around US$61.6 million in the last quarter, following various actions carried out by Fly Modern Ark… Read more »
August 09, 2023
Mozambique: No More Domestic Debt, Orders Government
The Mozambican government announced on Tuesday that it will not be contracting any further domestic debt for the rest of this year. Read more »
July 03, 2023
Mozambique: Mozambique Can Meet Debt Service Obligations, Says Finance Minister
Mozambique's Minister of Economy and Finance, Max Tonela, stated on 27 June that the country will be able to meet this year's debt servicing obligations. Read more »
June 29, 2023
Mozambique: Mozambique Can Meet Debt Service Obligations, Says Finance Minister
Mozambique's Minister of Economy and Finance, Max Tonela, claimed on Tuesday that the country will be able to meet this year's debt servicing obligations. Read more »
July 26, 2022
Mozambique: Hidden Debts - Decision On Chang Extradition Not Yet Definitive
Contrary to the impression given in some of the Mozambican media, the decision by the South African authorities to extradite Mozambique's former finance minister, Manuel Chang, to… Read more »
July 22, 2022
Mozambique: Hidden Debts - Credit Suisse Obliged to Compensate Ematum Bondholders
The bank Credit Suisse has admitted that much of the money supposedly intended to create a Mozambican tuna fishing fleet was in fact diverted into bribes and kickbacks and has… Read more »
May 17, 2022
Mozambique: IMF Approves U.S.$456 Million Credit
The Executive Board of the International Monetary Fund (IMF) on 9 May approved a three-year agreement with Mozambique that will make available US$456 million for the country, of… Read more »
May 12, 2022
Mozambique: World Bank Will Provide 300 Million Dollars
The World Bank could disburse, by June, 300 million US dollars in support for the Mozambican state budget. Read more »