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Mozambique

Mozambique

Population: 34.85m
GDP: $22.49bn
Debt: 96.9% of GDP (2024)

news from Mozambique

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Found 264 articles.

Displaying 13 results from 2023 (out of 264 total).

'Corruption defence' in loans trial

Maputo's lawyers argue that those involved in the maritime schemes should have known how corrupt the country was before they funded them

The London trial over Mozambique's US$2 billion 'hidden loans' nears its end this week as lawyers present their closing arguments. Mozambique sued Credit Suisse bank, along with maritime...


Court redistributes poll wins

The Constitutional Court has re-allocated fraudulently won municipal elections between the ruling Frente de Libertação de Moçambique (Frelimo) and the opposition Resistência Nacional Moçambicana (Renamo) in a move...


Recount cancels Frelimo win

Live fire from police resulted in several deaths over the 27-29 October weekend during nationwide protests against the decision of the Comissão Nacional de Eleições (CNE) to approve...


Stolen election claims trigger protests

Evidence of mass vote-rigging in municipal elections has prompted public anger and infighting in the ruling party

Widespread protests followed ruling party Frente de Libertação de Moçambique's (Frelimo) declaration of a near clean sweep in the 11 October municipal elections, despite evidence from parallel counts...


Secret deal won't end the tuna bond saga

Maputo won't disclose the cost of its deal with Credit Suisse and why it's abandoned its demand for damages

As with the US$2 billion hidden loans scandal that triggered Mozambique's serial financial crises over the past decade, all sides are trying to keep secret the details of...

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Manuel Chang hears the extradition bell

The extradition of Maputo's finance chief to the US marks an important twist in the $2bn loans scandal

Maputo's former finance minister Manuel Chang has lost a last-ditch court appeal and faces extradition to the United States on charges over his role in the US$2 billion...

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Nyusi runs out of road

President Filipe Nyusi's ambition to cancel the two-term presidential limit and stand in next year's general election has finally died, according to insiders in Maputo.


Disclosure costs Maputo

The London High Court judge presiding over the civil case brought by Mozambique against Credit Suisse bank and the naval contractor Privinvest in January 2020 says that he...


Displaying 13 results from 2023 (out of 264 total).