Without careful adjustments now and a deliberate shift toward growth and job creation outside extractives – the part of the ...
A US federal jury on Thursday convicted Manuel Chang, a former finance minister of Mozambique, of conspiracy to commit fraud and money laundering for his involvement in a two billion dollar loan fraud ...
Mozambican business leaders are set to discuss projects worth more than €1.6 billion at the Annual Private Sector Conference ...
GENEVA (AP) — Swiss authorities on Monday said they have indicted a former official at Credit Suisse — now part of Swiss banking titan UBS — for alleged money laundering in a case involving state ...
By Duncan Miriri NAIROBI, May 5 (Reuters) - Mozambique's slow-burning economic crisis has sharpened in recent weeks, with at least one global lender and a ratings agency suggesting the country will ...
A Swiss court has removed UBS Group from a money-laundering case tied to the Mozambique tuna-bond scandal, a matter the bank inherited through its 2023 takeover of Credit Suisse. Switzerland’s Federal ...
JOHANNESBURG, Feb 17 (Reuters) - Mozambique needs to ⁠implement ⁠ambitious fiscal consolidation measures ⁠to mitigate worsening debt dynamics, delays in debt servicing and limited external financing ...
Mozambique has added a new chapter to the sorry tale of its involvement in the international capital markets after telling creditors that its debt levels are not sustainable. The country is working to ...