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, [...]
A businessman before his election as Mozambique's president in 2005, Armando Guebuza didn't break off ties with his old circles in taking office. In fact, the leader and his family did much subsequently to establish new contacts and gain influence through various companies in which they hold stakes.
In areas like energy, luxury goods, real estate, public works, haulage and medical equipment, Guebuza's four children have all become hard-driving entrepreneurs. And people close to the first lady, and particularly her brother, former minister Tobias Joaquim Dai, have forged solid business links with the mining industry. A detailed look at their holdings.
Several members of President Armando Guebuza’s family own a stake in a new company created to operate ports and terminals, [...]
The executives of the mining company ENRC who met President Armando Guebuza in London this week were introduced by a member of his extended family. [...]
A few months after they formed the Mozambican company +258 in June 2011, the two founder shareholders Leticia Deusina da [...]
A Japanese company specialised in recycling old cars has joined forces with a local partner from a family close to the presidency. [...]
One of the Mozambican President’s two daughters, Norah Armando Guebuza, who already owns stakes in three companies in Maputo, has [...]
Two of the Mozambican President’s children want to start selling luxury jewellery made in Lebanon, with some well-known partners. [...]
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. [...]
The son of President Armando Guebuza is well-suited for business, just like his father. Armando Ndambi Guebuza, 33, has added [...]
Tendai Mavhunga, the Zimbabwean son-in-law of the Mozambican President Armando [...]
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 [. [...]
The family of President Armando Guebuza has plans to go into the television broadcasting industry at the back of its [...]
The children of Mozambican Presidents, past and present, are still very enterprising in business. We present a spotlight on their latest projects. [...]
The State company Gujarat Mineral Development Corporation has found a private Indian partner with good contacts in Maputo so it can get mining franchises. [...]
In addition to the family firm Focus 21 and President Armando Guebuza's stakes in various companies (including Intelec), the Head [...]
Business is booming for the two daughters of Armando Guebuza. Valentina da Luz Guebuza, who is already a minority shareholder [...]
The head of Rachana Global has made a great many business links with the family of President Armando Guebuza. [...]
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. [...]
Businessman Majoj Sompura has joined forces with two relatives of leading government figures in a holding company, and recently set up a raft of companies in Maputo. [...]
A number of Indian companies have recently created subsidiaries in Maputo ahead of launching mining prospecting operations. They are not alone. [...]
The business networks and the ruling Frelimo party have been closely interweaved for decades, leading to a risk of insider trading at all levels of power in Mozambique. Support or cooption between entrepreneurs and government officials puts the companies that [. [...]