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A son of Mozambican president Filipe Nyusi, Florindo Filipe Jacinto Nyusi, regularly hits the headlines with his high-life antics. For [...]
A South Korean group is planting its flag in Maputo thanks to Mozambique’s secret service and is eyeing the electricity market. [...]
Just as Mozambique is trying to fix things up with the IMF, to which it is in default, Mozambique Assets Management (MAM), Ematum and Proindicus, whose mammoth dodgy loans have thrown the country into chaos, continue to operate. [...]
The Indian Ocean Newsletter has learnt on the spot in Maputo that a small group of security officials have prompted the country to take out loans totalling $1.4 billion. This has considerably angered the international donors. [...]
While the family of Mozambican President Filipe Nyusi still has a long way to go before it rivals with the financial empire of his predecessor, Armando Guebuza, it is gradually making its entry into the world of business. [...]
Taking their cue from President Armando Guebuza and his family, who have stakes several companies (see here), many former officers in the Mozambican army now lead very comfortable lives as businessmen. Over the years, they have creamed off the most [. [...]
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