Vol 55 No 16 | MOZAMBIQUEITALY Gas, cash and votes 8th August 2014 As elections approach, money and favours change hands and the gas boom unleashes a torrent of competing companies and politicians With the race underway to exploit the massive gas reserves off the coast of Cabo Delgado and Nampula provinces, economic power and now political power is shifting northwards. That ...
Vol 55 No 16 | MOZAMBIQUE The coal train derails 6th August 2014 China's demand for coal drew big mining companies to Mozambique's world-class reserves but now they are frantically revising their forecasts When Rio Tinto sold its stake in Mozambique's coal reserves on 30 July, alarm bells rang for the country's coal industry. The Anglo-Australian company took US$50 million, less than...
Vol 55 No 16 | MOZAMBIQUE Contracts galore in the new order 8th August 2014 There have been suggestions that 'state capture' has been advancing in the downstream gas sector as companies linked to the political elite gain control over the northern ports. Fi...
Vol 55 No 15 | MOZAMBIQUE Frelimo and Renamo strike peace deal 16th July 2014 After a year of armed skirmishes the old civil war rivals are about to announce an end to hostilities, improving prospects for the October elections The Frente de Libertação de Moçambique (Frelimo) government and the Resistência Nacional de Moçambique (Renamo) rebels of Afonso Dhlakama have agr...
Vol 55 No 15 | MOZAMBIQUE Princess Guebuza weds 25th July 2014 In a traditional ceremony on 19 July, Valentina Guebuza, one of Africa’s wealthiest young women and daughter of President Armando Guebuza, married Zofimo Muiane, the head of ...
Vol 55 No 14 | MOZAMBIQUE Ruby wedding 11th July 2014 Montepuez Ruby Mining held its first auction last month, raising US$33.5 million at the sale in Singapore. MRM is a joint venture between Britain's Gemfields PLC and a company owne...
Vol 55 No 13 | MOZAMBIQUE Aid row escalates 27th June 2014 Britain and Germany cut budget support over a tuna-fishing company and other deals. Ahead of the elections, Frelimo is not giving in The governing Frente de Libertação de Moçambique (Frelimo) is engaged in an increasingly bitter row with foreign donors over loans and public spending. Britain...
Vol 55 No 13 | MOZAMBIQUE Deal to nobble the MDM falters 27th June 2014 The current aid dispute between foreign governments and the ruling Frente de Libertação de Moçambique (Frelimo) may affect how the 15 October elections are mon...
Vol 55 No 12 | MOZAMBIQUE Oily bumps in the road 13th June 2014 Arguments over the gas project, an offshore spill and an uncertain legal framework show that the way to the oil and gas bonanza is not easy Mozambique’s nascent oil and gas industry has suffered its first significant spill. It highlights one of the difficulties in developing one of the world’s largest gas d...
Vol 55 No 12 | MOZAMBIQUE Spills – clear as mud 13th June 2014 In May, Anadarko informed the Environment Ministry that 30,000 litres of drilling fluid had accidentally leaked from one of its exploratory wells in the Rovuma Basin, 46 kilometres...
