Moza Banco recapitalisation generates controversy in Mozambique

While analyst Egídio Vaz says assigning management of Moza Banco to pension fund manager Kuhanha was the “only way to guarantee the bank’s survival”, Mozambique’s Centre for Public Integrity maintains that “there are strong indications of a conflict of interest”. Kuhanha, the company which manages the Bank of Mozambique workers’ pension fund, last week became … Continue reading Moza Banco recapitalisation generates controversy in Mozambique