Rogério Lucas Zandamela

Critics pointed to the silence of Central Bank governor Rogerio Zandamela who despite the Central Bank owning 51% of SIMO said nothing until Tuesday when he bizarrely claimed Bizfirst's system shutdown was a cyberattack...

Pundits in Maputo say that the government apart from Central Bank Governor Rogerio Zandamela is in denial about the extent of its financial problems and keeps racking up domestic debt...

No budget supportRespected Central Bank Governor Rogerio Zandamela told the Bank's Monetary Policy Committee on 26 October that he could not see any return to foreign budget support in the short or medium term and that the country would struggle to 'compensate for the substantial cuts in foreign aid'...

Although the Central Bank has taken measures that have had some success in halting the slide in value of the metical – which analysts attribute to Governor Rogerio Zandamela – the finance ministry is unable to cut public spending...