Author: The Editorial Team

MAPUTO (Capital Markets in Africa) – Mozambicans voted Tuesday in elections that have the highest stakes in the southeast African nation’s history, after a campaign marked by violence, insurgent attacks and the fallout from a debt scandal. The winner will oversee more than $50 billion of investments in gas projects planned by companies including Exxon Mobil Corp. and Total SA, and need to tackle an Islamic State-linked insurgency that threatens to disrupt them. The vote’s…

HARARE (Capital Markets in Africa) – As hundreds of pensioners line up outside a bank in central Harare in the hope of collecting their pensions, military veteran Elias Nyabunzi has a sense that he has seen this all before. If there is cash available, he will collect the equivalent of just $26, down from the $400 he was getting a few months back. A decade ago when he went to collect the lump sum he…

LAGOS (Capital Markets in Africa) – Community groups are working to convince Latinos that answering the decennial survey isn’t just important, it’s essential. Lizette Escobedo, director of the census program for the National Association of Latino Elected and Appointed Officials (Naleo) Educational Fund, oversees staff in six states. She runs a bilingual hotline. She produces brochures upon brochure. But overshadowing all her efforts is the reality that thousands of people are frightened just to answer…

LAGOS (Capital Markets in Africa) – The financial industry is prepared for Brexit, regardless of the state of political talks, with hundreds of banks and money managers primed to move thousands of employees to their European Union bases to weather the fallout, according to a new study. New Financial, a London group that analyzes the sector, said in a report on Wednesday that it has identified 332 firms that have relocated part of their business,…