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Population: 29.67 mn.
GDP: $12.33 bn.
Debt: $12.01 bn.

news from Mozambique

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Found 209 articles.

Displaying 141-150 out of 209 results.

The Putin option

The President hopes to go on running the country – and his businesses – after his term in office ends

The 23 to 28 September congress of the governing Frente de Libertação de Moçambique will be the field of the battle to decide whether President Armando Guebuza can hold on to polit...

Conflicts of interest

Acting on corruption is one thing but Frelimo is having problems even passing laws against it

Proposals for anti-corruption legislation are causing severe anxiety in the governing Frente de Libertação de Moçambique. Frelimo is scrambling to bury reforms.

Poll post-mortem shocks

A secret report by the Zambézia Province command of the national police on why the Frente de Libertação de Moçambique so resoundingly lost the mayoral election in Quelimane last De...

Energy bonanza promises real financial independence

Mozambique is on the threshold of a multi-billion dollar energy boom destined to transform a country that, less than 20 years ago, was counted by the World Bank as the world’s poorest, with per capita gross domestic product of US$80. It is still a weak state that lacks capacity to manage such a large range of investment projects and there is concern that resource wealth will facilitate corruption and poor governance. State revenue from these riches promises eventually to deliver something else – revenue independence. This would be a big change for a country highly dependent on foreign aid: grants and concessional loans currently contribute 41% of the national budget

Energy resources lie at the heart of foreign direct investment commitments worth $28 billion. This is more than double 2011’s total gross domestic product of $12 bn. and could rise...

Stakes and taxes

The government has announced that it will tax mergers and acquisitions in the resource sector. The first is Royal Dutch Shell’s proposed purchase of Britain’s Cove Energy, holder o...

Maputo shuns US concern

The government appears indifferent about beefing up coastal security and introducing anti-pirate laws

The United States is making little headway in its bid to get Mozambique and other coastal states to beef up their anti-piracy laws and their military response. It also wants action...

Maputo’s pan-Asian business plan

The government is bringing in investment from every substantial economy in Asia to back its industrialisation and energy projects

From the roads and rail networks to telecoms, the energy sector and the myriad minerals buried in its soil, there has been a sharp spike in the presence of Asian companies in the s...

Diverse diplomats

The array of investments across the economy shows that the government is keen to see Mozambique diversify away from purely resource-based flows. The variety of Asian partners is a ...

Return of the Chissanoistas

President Guebuza’s bid to stay on looks dead, which could mean a Chissano comeback

After seven years of consolidating his position, Armando Emílio Guebuza now faces the failure of his bid to change the constitution to permit him a third term as president. Faction...

Comrades and compromisers

Eduardo Mulémbuè: Parliament's former, long-serving Speaker, is a low-key, neutral figure with support across the Frente de Libertação de Moçambique (Frelimo) factions and a good c...

Displaying 141-150 out of 209 results.