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Mozambique

Mozambique

Population: 32.07m
GDP: $12.33 bn.
Debt: $12.01 bn.

news from Mozambique

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Found 219 articles.

Displaying 41-50 out of 219 results.

Tuna bonds in Brooklyn

Privinvest salesman Jean Boustani's trial on money-laundering charges in connection with Mozambique's $2 billion hidden loan scandal started in New York on 14 October.


Frelimo squares the vote

Happenstance as well as outright vote manipulation is boosting the ruling party’s general election campaign

As many as 1,000 people may have died in the devastation that Cyclone Idai wreaked on the port city of Beira, which made tens of thousands homeless. Yet the consequences – an avala...


Guilty plea on conspiracy

The case against the bankers in the $2bn loans scandal has brought confessions, but there are doubts about how deep the trial will go

The United States case against eight defendants accused of fraud and money-laundering in Mozambique's US$2 billion hidden loan scandal has secured two guilty pleas at the Eastern D...


Frelimo on a roll

Voter-registration has been hijacked by the ruling Frente de Libertação de Moçambique, which is blatantly inflating the electoral roll with ghost voters in order to win a clear maj...


US spears the loan sharks

Indictments against foreign bankers and top Frelimo officials tied to the $2billion secret loans fraud have panicked the government. The charges are just the beginning

The United States government has indicted a swathe of bankers, sales people and Mozambican public officials with wire fraud, money laundering and securities fraud. It claims a crim...


Frelimo waits them out

The increasing pace of offshore gas development and the need for investment are pushing the secret loans saga to the margins

The abandoning of the United Kingdom Financial Conduct Authority's criminal investigation into Credit Suisse bank over its role in Mozambique's US$2 billion in hidden loans for dub...

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Poll knocks Frelimo confidence

The ruling party lost some key cities in the local elections. Party reformers are demanding radical change

As Mozambique awaits the final verdict on the local elections of the Comissão Nacional de Eleições (the electoral commission – CNE), due as Africa Confid...


Displaying 41-50 out of 219 results.