Guebuza family heads north
Several members of President Armando Guebuza’s family own a stake in a new company created to operate ports and terminals, [...]
Published on 26 July 2011
The business dealings of Frelimo bosses
With the collapse of the Soviet empire and the end of Mozambique's civil war, most of the Marxist leaders of Frelimo became fledgling capitalists. Two decades later, they have emerged as major figures in the business world, using their political clout as a springboard to financial success - and membership in Mozambique's upper class. And it's now the children of the Guebuza, Chissano and Machel families who are doing business in their turn, with the same trump card used by their parents: excellent political connections.
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MOZAMBIQUE 30/08/2013
MOZAMBIQUE 23/12/2011
Sumbana in the hotels business
What could be more natural for a firm owned by the Minister for Tourism Fernando Sumbana Junior than to invest in hotels? With the risk of a major conflict of interest! [...]
MOZAMBIQUE 09/12/2011
Chipande’s allies in mining industry
After Nantulo Minas and Mineiras de Moçambique, retired General Alberto Joaquim Chipande is involved in creating a new mining company. [...]
MOZAMBIQUE 09/12/2011
Electric company’s good contacts
The three shareholders who created the firm Pequenos Libombos Holdings in October to operate in the areas of generating, sale [...]
MOZAMBIQUE 25/11/2011
Samora Machel Jr in tourist industry
Samora Moises Machel Jr has formed a new company in the tourist sector to complement Nuanetsi in which he already owns a stake. [...]
MOZAMBIQUE 11/11/2011
Namoto Chipande
Nkutema Namoto Alberto Chipande, the son of Frelimo dignitary retired General Alberto Chipande, is, like his father, interested in the [...]
MOZAMBIQUE 11/11/2011
Mozruby
Calisto Moises Cossa, who last year was still an advisor [...]
MOZAMBIQUE 14/10/2011
Jacinto Veloso's daughter in uranium
The daughter of former Frelimo dignitary Jacinto Soares Veloso has just formed a joint venture with a Canadian mining company. [...]
MOZAMBIQUE 30/09/2011
A general in carbon credits trading
A former Mozambican minister for defence, retired General Alberto Joaquim Chipande is to go into the business of trading carbon [...]
MOZAMBIQUE 29/07/2011
Ex-presidents’ family on front page
Not a quarter goes by without one or other member of the families of former Presidents Samora Machel and Joaquim Chissano creating a new company in Maputo. [...]
General Raimundo Pachinuapa hits the jackpot
The two shareholders in the Mozambican company Mwiriti Lda - the former Frelimo (ruling party) executive Raimundo Domingos Pachinuapa and [...]
MOZAMBIQUE 15/04/2011
Guebuza family goes into jewellery
Two of the Mozambican President’s children want to start selling luxury jewellery made in Lebanon, with some well-known partners. [...]
MOZAMBIQUE 01/04/2011
Dignitaries with business acumen
Some Mozambican dignitaries, the sons of retired ministers and generals, have sewn up the business world. Members of the presidential family are not to be left out. [...]
MOZAMBIQUE 01/04/2011
Maputo
Energy and mining are really the favourite sectors of the [...]
MOZAMBIQUE 03/12/2010
Armando Ndambi Guebuza
The son of President Armando Guebuza is well-suited for business, just like his father. Armando Ndambi Guebuza, 33, has added [...]
MOZAMBIQUE 03/12/2010
Alfredo Massinga
The former Deputy Minister for Fisheries who was sacked in 2005, Alfredo Victor Rafael Massinga, is very loyal in business. [...]
MOZAMBIQUE 03/12/2010
Nantulo Minas
The former Mozambican Minister for Defence, Alberto Joaquim Chipande, now [...]
MOZAMBIQUE 19/11/2010
Two ministerial families are business allies
The ministers of tourism and of energy have joined forces, together with members of their families, to launch a new investment company in Maputo. [...]
MOZAMBIQUE 05/11/2010
Maputo
The son of the late first President of Mozambique, Samora [...]
MOZAMBIQUE 22/10/2010
Sinergy
After his experience with solar energy (with the company Solaris [...]
MOZAMBIQUE 22/10/2010
Tlten Investimentos
Tendai Mavhunga, the Zimbabwean son-in-law of the Mozambican President Armando [...]
MOZAMBIQUE 22/10/2010
Maputo
Bruno Morgado, the son of the former Minister for Industry [...]
Frelimo leaders sew up business
Continuously in power since the country achieved independence in 1975, Frelimo has become the backbone of the dominant class in Mozambique. Many of its leaders have metamorphosed into businessmen, while local investors draw closer to this ruling party so as [. [...]
MOZAMBIQUE 10/09/2010
ARC & Win Logistica
The African Rail Co (ARC), registered in the British Virgin [...]
MOZAMBIQUE 27/08/2010
Bonifacio Gruveta
The Frelimo (ruling party) MP and former governor of Zambezia Province, Bonifacio Gruveta Massamba, is indeed the devoted supporter of [...]
MOZAMBIQUE 27/08/2010
The Guebuzas go into television
The family of President Armando Guebuza has plans to go into the television broadcasting industry at the back of its [...]
MOZAMBIQUE 11/06/2010
A former minister's new company
The former Minister for Energy, Castigo Langa has just created a new company in the mining sector. [...]
MOZAMBIQUE 14/05/2010
Business and politics good bedfellows
Straight after being ousted from his portfolio, a former minister has gone into business with partners of choice: a serving minister and a mayor. [...]
MOZAMBIQUE 14/05/2010
Retired general in mines
Retired general and Frelimo dignitary, Jacinto Soares Veloso, who long ago moved into business, has just created a new mining company. [...]
MOZAMBIQUE 23/04/2010
New players in mining industry
A number of Frelimo dignitaries are among the active investors in the mining sector. [...]
MOZAMBIQUE 09/04/2010
Hermenegildo Gamito in construction
The former Frelimo MP, who is already present in several sectors of activity, has just formed a partnership with two Portuguese contruction companies in Maputo. [...]
MOZAMBIQUE 12/03/2010
The heirs are still in business
The children of Mozambican Presidents, past and present, are still very enterprising in business. We present a spotlight on their latest projects. [...]
MOZAMBIQUE 12/02/2010
Daude Nhaca Guebuza
While his uncle Armando Guebuza was being re-elected President of Mozambique last year, Daude Idrisse Nhaca Guebuza was busy attending [...]
MOZAMBIQUE 13/11/2009
Maputo
Two offspring of Mozambican dignitaries are constant business partners. Celso [...]
MOZAMBIQUE 30/10/2009
A very enterprising family
In addition to the family firm Focus 21 and President Armando Guebuza's stakes in various companies (including Intelec), the Head [...]
MOZAMBIQUE 16/10/2009
Josina Ziyaya Machel
Although she is more discreet than her half-brother Malenga Machel (see p.6), Josina Ziyaya Machel, the daughter of the late [...]
MOZAMBIQUE 16/10/2009
Machel’s son’s finger in every pie
Malanga Machel, the son of the late President Samora Machel, is present in a large number of companies, either in [...]
MOZAMBIQUE 04/09/2009
Guebuza’s daughters’ businesses
Business is booming for the two daughters of Armando Guebuza. Valentina da Luz Guebuza, who is already a minority shareholder [...]
MOZAMBIQUE 04/09/2009
Maputo
The son of the late President Samora Machel is loyal [...]
MOZAMBIQUE 31/07/2009
Former officers in mining
A company created a decade ago by the defence ministry is breaking into the mining sector. [...]
MOZAMBIQUE 31/07/2009
The Machels in the Mozambique property sector
Olivia Samora Moises Machel, one of the daughters of the [...]
MOZAMBIQUE 03/07/2009
Celebrities in mining
One of President Armando Guebuza's advisors and a well-known doctor in Maputo have joined forces to obtain an exploration permit in the Manica province. [...]
MOZAMBIQUE 19/06/2009
CCM Construçoes
The brother of the late President Samora Moises Machel really [...]
MOZAMBIQUE 19/06/2009
Solaris
The son of the former Minister Alfredo Gamito has just [...]
MOZAMBIQUE 22/05/2009
Cartrack Moçambique
The company ONE Segurança changed its name at the beginning [...]
MOZAMBIQUE 22/05/2009
Maputo
Wearing his hat of representative of the firm Ocirema, the [...]
MOZAMBIQUE 03/04/2009
Maputo
N’naiti Joaquim Chissano, the son of the former Mozambican President, [...]
MOZAMBIQUE 20/03/2009
Maputo
One of the two daughters of former President Joaquim Chissano [...]
MOZAMBIQUE 20/02/2009
Maputo
The son of the late General Sebastiao Mabote, who died [...]
MOZAMBIQUE 21/11/2008
Energo Mozambik
The engineering company Energo Nigeria, founded in Lagos in the [...]
MOZAMBIQUE 26/09/2008
Guebuza’s Indian partner
The head of Rachana Global has made a great many business links with the family of President Armando Guebuza. [...]
MOZAMBIQUE 12/09/2008
Maputo
The daughter of the late President Samora Machel of Mozambique [...]
MOZAMBIQUE 29/08/2008
Offspring still very active
The children of the late President Samora Machel, like those of his successor Joaquim Chissano, are still very active in the business world. [...]
MOZAMBIQUE 29/08/2008
Maputo
The Indian Manoj Kumar Vasudev Sompura has very good connections [...]
MOZAMBIQUE 25/07/2008
Former servicemen go into business Free
Former higher officers linked to Frelimo have for many years been active in business. It is now the turn of former presidential guards to do likewise. [...]
MOZAMBIQUE 13/06/2008
Former dignitaries go into tourism
A firm founded by the relatives of two Mozambican former dignitaries is scoring points in the tourist industry. [...]
Guebuza family has finger in every pie
After he became President at the beginning of 2005 Armando Guebuza, did not stop developing his portfolio of investments. Better still, he and his family have since then expanded their business network via various companies in which they own stakes. [...]
MOZAMBIQUE 25/04/2008
A former minister on all fronts
Leonardo Simao has just created a new company registered at the same address as the Fundaçao Joaquim Chissano, of which he is the executive director. [...]
MOZAMBIQUE 11/04/2008
Joao Americo Mpfumo
The former commander of the Mozambican air force, a member of the governing Frelimo party’s military old guard, has for [...]
MOZAMBIQUE 11/04/2008
Notables’ sons in business
The son of the former governor of Inhambane Province, Francisco Pateguana, is still a business partner of the son of former President Joaquim Chissano. [...]
MOZAMBIQUE 14/03/2008
CCGS
The businessman and one of the leaders of Frelimo (Mozambican [...]
MOZAMBIQUE 14/03/2008
Maputo
The son of the retired general and former Defence Minister, [...]
Malengane Machel
The son of the late President of Mozambique, Samora Machel and of Graca Machel now remarried to former South African [...]
MOZAMBIQUE 18/01/2008
Nguni Enterprise
( ) The company owned by the former Mozambican President [...]
MOZAMBIQUE 14/12/2007
Final Farmaceutica
The Minister for Tourism Fernando Sumbana and his family have [...]