Mozambique Stock Exchange

Mozambique Energy: Cahora Bassa Hydroelectric on stock exchange yet this quarter

Posted on February 6, 2019February 6, 2019 by Mozambique Resources Post

Hidroeléctrica de Cahora Bassa (HCB), the EDM-owned company which owns the giant hydropower plant in Tete province on the Zambezi river, will list on Mozambique’s stock exchange, the BVM, by the end of Q1 2019, BVM head Salim Vala said yesterday quoted by State-run newspaper Noticias. It wants to sell 7.5% of its shares to Mozambican investors.

The HCB Case: “Sale of shares will be transparent” Stock Exchange Chairman

Posted on December 4, 2017December 4, 2017 by Mozambique Resources Post

The sale of 7.5% of shares representing the share capital of the Cahora Bassa Hydroelectric (HCB) facility on the Mozambican Stock Exchange (BVM) will be a speedy and transparent process, the president of the stock exchange told Mozambican news agency AIM on Wednesday.