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Matthew Hill

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Articles

Vitol Supplies Emergency Fuel to Zambia in IMF-Opposed Deal

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By Matthew Hill, Archie Hunter Verified
| Rigzone Verified
Vitol Group is supplying diesel to Zambia via exclusive access to a pipeline that lasts through September, in an emergency arrangement the International Monetary Fund has urged authorities to end. The government in April froze open access to the conduit that connects Zambia's copper-rich region to a port in neighboring Tanzania, saying it would ensure supply security, without identifying which company had taken over the operation.
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Wholesale coffee roasters: What happens when your clients outgrow you?

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By Matthew Hill
| Perfect Daily Grind
For larger-sized roasters looking to scale operations, it can be a natural progression to take on wholesale clients. By selling their coffee products to cafés and other retailers, roasters can diversify revenue streams and strengthen their brand identities. There may come a time, however, when wholesale clients may decide to expand their businesses – and potentially outgrow their suppliers. The prospect of losing a key account can be a daunting one, so how can roasters handle these situations?
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Mozambique Pays $142 Million to End Credit Suisse Loan Dispute - BNN Bloomberg

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By Matthew Hill
| BNN Bloomberg Verified
(Bloomberg) -- Mozambique paid creditors about $142 million in a settlement on a $522 million loan that UBS Group AG’s Credit Suisse arranged related to a ship-finance scandal, according to an International Monetary Fund report. The payment comprised about $96 million in local-currency bonds and $46 million in cash. Mozambique announced the out-of-court settlement in October, but didn’t provide details on the cost.
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