The Reserve Bank of Zimbabwe has acquired loans from several regional banks - including among others, the African Export and Import Bank (Afrexim) and the Mozambique Central Bank - ... Read more »
President Filipe Nyusi's administration has filed a case in London's High Court against Credit Suisse over the bank's role in the country's "hidden debts". Credit Suisse was one of ... Read more »
Ndabi Guebuza, the oldest of Armando Guebuza's four children, was picked up from his home in the capital Maputo in a legal crackdown on suspects linked to a $2-billion government ... Read more »
The Central Bank of Kenya's report shows that external loans went up by U.S.$1,6 billion between July and December 2018, significantly outpacing the U.S.$700 million increase in ... Read more »
Public Enterprises Minister Pravin Gordhan has said that a discussion will have to be held on whether energy parastatal Eskom should be split into three separate entities. This ... Read more »
While the Mozambique undisclosed loans saga unfolds in domestic and international courts, there are growing indications that the scandal risks spilling over into Angola, where ... Read more »
The FBI has over a million pages of transcripts of phone calls, e-mails, bank transfers and other financial documents, which will be introduced as evidence in the case of ... Read more »
One intriguing clause in the contract reportedly says any disputes on the loan would only be resolved in Beijing through the China International Economic and Trade Arbitration ... Read more »
Eskom plans to ask the government to absorb about R100 billion of its debt in order to rescue it from bankruptcy according to Read more »
Although there was hope that Namibia would regain a positive investment grading, ratings agency Moody's has rated the Namibian government as speculative, reflecting that although ... Read more »
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