Does Brexit spell bad news for diamond traders?
The United Kingdom's exit from the European Union (EU) could have a direct effect on diamond producers in Africa. While [...]
The practice was already current during the presidency of Joaquim Chissano but, since the arrival in power of Armando Guebuza in 2005, revenue-grabbing in the mining sector by the ruling Frelimo (Frente de Libertação de Moçambique) elite has moved into a new dimension. At stake are the huge reserves of coal and gas recently discovered in the country, which have brought foreign investors running an [...]
The chase for mining revenue has turned into a sport for the great and the good in Frelimo who are flocking together in holding companies while continuing to pursue their careers. Agricultural minister and former interior minister Jose Candugua Antonio [...]