The National Bureau of Statistics report has showed that the country's debt profile rose rapidly under President Muhammadu Buhari's administration. Lagos recorded the highest ... Read more »
Brazil has officially cancelled U.S.$203 million owed by Tanzania for the 1979 construction of the Morogoro-Dodoma road. It is hoped the move will open up opportunities for trading ... Read more »
The U.S.$4.6 million dollar loan from an arm of the World Bank will be used for water supply, sanitation, education, trade, logistics and the development of woman entrepreneurship. Read more »
The government has approved the refinancing of the country's domestic debts into treasury bills worth U.S.$3 billion as part of its overall strategy to reduce the cost of ... Read more »
Former transport and communications minister Paulo Zucula has been accused of abusing his office and receiving undue remuneration of at least U.S.$37,000. In the same case, former ... Read more »
As they end a 10-day mission to Mozambique, the International Monetary Fund officials have expressed dissatisfaction with the continuing uncertainty about debts built up by ... Read more »
Civil society organizations have added their voice to those demanding that the loans borrowed from European banks in 2013 and 2014 by three Mozambican security-related companies be ... Read more »
Mozambican forces have disobeyed the instructions given by President Filipe Nyusi to withdraw from positions near the Gorongosa mountain range, Renamo leader Afonso Dhlakama has ... Read more »
The embattled singer confirmed her arrested, but added that it was a pure case of mistaken identity. Read more »
Finance minister Patrick Chinamasa's pledge to give exporters incentives has raised eyebrows amid speculation that the government wants to contract more debt. Already in a debt ... Read more »
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