First Independent Mena Newspaper
With just months to go before Ivory Coast’s October 2025 presidential election, the newly formed Coalition for a Peaceful Alternation (CAP-CI) is intensifying pressure on the ruling party to ensure credible and inclusive polls. At the heart of its demands: judicial impartiality, revised electoral lists, and the reinstatement of disqualified candidates, including opposition figure Tidjane […]
Mozambique’s bond market has rebounded following UBS Group AG’s announcement of a an 11th-hour out-of-court settlement regarding Credit Suisse’s involvement in a ship-financing ‘tuna bond’ scandal. The yield on Mozambique’s 2031 debt fell 19 basis points to 13.34% on Monday (2 October) morning in the capital, Maputo, after the recently announced settlement brought closure to […]
Credit Suisse has lost its bid to block the lawsuit filed by the Government of Mozambique against the Swiss bank for its role in the 2 billion dollar scandal known as the “tuna deal”, and will thus be brought to trial in October. A UK high court judge on Monday (4 July) refused to strike […]
The drop of benefits prompted banks, fast earning mongers, to proceed to a wave of dismissals. In 2011, Barclays already split up with more than 4,400 employees, Crédit Suisse planned to expel 2,000 persons and Lloyds Banking Group, 10,000. The massive suppression of jobs is a trend that has affected the financial world for many […]