AfriForum on Wednesday said the inadequate capacity at schools “would be exploited and pressure woul.
First National Bank opened FNB Mozambique in the capital Maputo yesterday. This follows FirstRand Bank Holdings's acquisition of an 80percent shareholding in Banco Desenvolvimento e Comercio (BDC) from majority shareholder Portuguese Montepio Geral Group and other shareholders. BDC has been operating in Mozambique since 2001. The bank operates four branches and three off-site ATMs in Maputo, and a micro-branch in Matola. FNB will rebrand BDC's branches -Staff Reporter