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 19 June 2012
President Guebuza's business connections
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.
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