24 May 2019
The government of Mozambique is battling to bring its debt under control. Government debt as a proportion of GDP reached 110.5% at the end of 2018, up from a low of 37.5% in 2011 thanks to long-running debt relief. However, Maputo is engaging with the IMF and has pledged to put its house in order .
29 August 2018
Having recently finalized a deal to begin investment banking in Portugal, Bison Capital Financial Holdings of Hong Kong is also moving to Mozambique. It has reached a partnership deal with Geocapital, until now the bank´s biggest shareholder.