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2017 economic outlook for Mozambique

2017-02-17

The economy of Mozambique continues to struggle both fiscally and macro-economically, following suspension of foreign financial aid in 2016 as it emerged that the government had not disclosed loans worth $1.4 billion to the public or the IMF. Financial Institutions Specialist at Rand Merchant Bank, Mkhululi Ncube, explains what this means for the country's banking sector and neighbouring economies such as Tanzania.

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Rand Merchant Bank (RMB) is a diversified financial services brand encompassing investment banking, fund management, corporate banking and advisory services. Rand Merchant Bank, a division of FirstRand Bank Limited, is an Authorised Financial Services Provider and Credit Provider NCRCP20.