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Spotlight

MOZAMBIQUE

How the railroad barons jumped on the presidential express

President Filipe Nyusi remains very loyal to the network he built when he was an executive at the state ports and railway operator Portos e Caminhos de Ferro de Mocambique (CFM), before he joined Armando Guebuza’s government in 2008.A Nyusi [...] (539 words)

Issue dated 13/01/2017 Reading time 3 minutes

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Politics

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MOZAMBIQUE
Alberto Chipande
Ana Flavia Joao de Azinheira
Armando Guebuza
Atanasio Salvador Mtumuke
Banco de Mocambique
Banco Internacional de Mocambique
Beira Grain Terminal
Carlos Mesquita
Cornelder Mocambique
Dinema Investimentos
Empresa Moçambicana de Seguros
Filipe Nyusi
Frelimo
International Monetary Fund
Joaquim Verissimo
Logistics XXI
LuxPorts XXI
Miguel Jose Matabel
Portos do Norte
Portos e Caminhos de Ferro de Mocambique
Rago Imobiliaria
Raulina Alberto Maracane Gomes
Rogero Lucas Zandamela
Rui Fonseca
Somoestiva
Valentina da Luz Guebuza
Victor Pedro Gomes

Defence dollars and private investments are Nyusi's tandem tasks

While President Filipe Nyusi is hard at work to give the coalition in Cabo Delgado more fighting power, his staff reassures private investors. [...]

Mozambican President Filipe Nyusi. © Baz Ratner/Reuters

MOZAMBIQUE PORTUGAL Business Diplomacy 21/01/2022

New driving force for Portuguese business in Nampula

Maria Mosqueira Pereira's replacement as Portugual's honorary consul in Nampula is businessman Idalécio Ferreira, manager of a family-owned alcoholic beverages group and previously director of sports of the local football club. [...]

Adriano Maleiane, Mozambican minister of finance. © MAXPPP

Spotlight

MOZAMBIQUE Finance Politics Business 17/07/2020

Maputo suspends eurobond repayments

For the second time since 2016, Mozambique has frozen its repayments to investors who bought in to its $900m eurobond. [...]

MOZAMBIQUE Energy 07/01/2020

Lithuania's honorary consul Álvaro Massingue starts out in oil

Lithuania's honorary consul to Mozambique Álvaro Julião Massingue, a man [...]

MOZAMBIQUE Business 27/12/2019

Eduardo Abdula of FRELIMO expands his hotel business

Though it is not on the coast, Eduardo Abdula, the [...]

MOZAMBIQUE Business 07/06/2019

Manuel Chang's son-in-law ousted by partners with Guebuza ties

The ex-transport and communications minister under Armando Guebuza, Gabriel Serafim [...]

MOZAMBIQUE Business 05/04/2019

Ouricos do Mar, the offshore consultancy with ties to the Guebuzas

The former partner of Valentina da Luz Guebuza, the eldest [...]

MOZAMBIQUE Energy 12/03/2019

Active Frelimo supporter, Zhu Long branches out into oil

Chinese entrepreneur Zhu Long, who is already active in Mozambique [...]

TANZANIA MOZAMBIQUE 22/02/2019

Ameir Nahdi drops anchor in Mozambique

The Tanzanian businessman Ameir Nahdi will be going head-to-head with Cornelder Mocambique through his newly created Al-Hushoom Investment, the Mozambican [...]

MOZAMBIQUE Business 07/12/2018

The powerful local partner of a major Nigerian bank

The Nigerian financial establishment Access Bank, which has 300 branches [...]

MOZAMBIQUE Business 28/09/2018

Ex-minister for the environment moves into mining

The name of the majority shareholder in Marmos, a company [...]

MOZAMBIQUE TURKEY Business 16/02/2018

A settling of scores at Limak Cimentos

According to our information, Turgay Toren, who from May to [...]

MOZAMBIQUE Mining 30/01/2018

Former minister Mateus Oscar Kida gives mining a shot

Retired Mozambican colonel Mateus Oscar Kida, member of the ruling party Frelimo and former minister for veterans during president Armando [...]

MOZAMBIQUE Business 01/12/2017

A high-flying female quintet moves into port logistics at Nacala

In early November, a group of five Mozambican businesswomen set [...]

MOZAMBIQUE Business 20/10/2017

The ex-governor of the central bank turns over a new leaf

Ernesto Gouveia Gove, the governor of the Banco de Mocambique from 2006 to 2016, has branched out into the agricultural [...]

MOZAMBIQUE Energy 12/09/2017

Amda Energia seals new alliances

Spanish firm Amda Energia beefs up its activities with a new partner with a healthy network in place in Maputo. [...]

MOZAMBIQUE Business 08/09/2017

Chipande's daughter cosies up to the banking elite

Might Joana Chipande, the daughter of Frelimo grandee Alberto Chipande, who is a close ally of President Filipe Nyusi, have [...]

MOZAMBIQUE 07/07/2017

Monteiro seen as potential stand-in for president

A sharp drop in the popularity of Mozambique's president, Filipe Nyusi, is causing headaches for the luminaries of the Frelimo [...]

MOZAMBIQUE Business 12/05/2017

Former CFM boss Mualeia looks after his interests

Despite a long career in public service, Rosario Mualeia, now [...]

MOZAMBIQUE Business 28/04/2017

Former president's nephew still has the business bug

It’s not because his uncle, former president Armando Guebuza (2005-2015), [...]

MOZAMBIQUE Business 07/04/2017

Jiva Remtula puts a lock on Nacala port before turning to mines

Businessman Jiva Rahim Remtula is intent on venturing into mining with a partner who’s highly connected with Mozambique’s elite that holds a tight grip on ports and railways. [...]

MOZAMBIQUE Business 10/03/2017

Massinga still casting his fisherman's net

Mozambique’s junior fisheries minister in the 1980s, Moises Rafael Massinga [...]

MOZAMBIQUE Business 10/03/2017

Son of Grace and Samora Machel sets up consulting concern

Malengane Dumezulo Machel, one of the children of Mozambique's first [...]

MOZAMBIQUE Business 24/02/2017

Nuno Uinge enters catering sector with Kuwaiti partner

Businessman Nuno Sidonio Uinge, who is very well connected to [...]

MOZAMBIQUE Business 24/02/2017

Mtumuke's former partner alleges fraud in cement deal

Turkish national Turgay Toren has contacted Indian Ocean Newsletter to respond to an article we wrote about the composition of [...]

MOZAMBIQUE Business 10/02/2017

Erdogan puts pressure on the defence minister

Did Mozambican Minister of Defence Atanasio Salvador Mtumuke, dare to stand up to Recep Tayyip Erdogan? Barely three weeks before [...]

MOZAMBIQUE Business 27/01/2017

An insider takes the helm of national ports and railways firm

President Filipe Nyusi didn’t look very hard to find a [...]

MOZAMBIQUE Business 27/01/2017

Former French navy officers gun for more business

Three French nationals connected with the company which supplied Ematum's ships are angling for further contracts with Mozambique's navy. [...]

MOZAMBIQUE 13/01/2017

Agostinho Langa tipped to head ports & railways

President Filipe Nyusi is expected to name Agostinho Langa Jr to succeed Victor Pedro Gomes as chairman of railway and [...]

MOZAMBIQUE Business 25/11/2016

Mesquita, minister trying to hide his conflicts of interests

Since he has taken up the transport portfolio, the head of Grupo Mesquita has gradually withdrawn from running his companies. He will be better placed to hand over the keys to his relatives. [...]

Spotlight

MOZAMBIQUE Business 25/11/2016

Secret loans: same old same old dressed up as new?

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. [...]

MOZAMBIQUE Business 18/03/2016

Turkish cement group Limak has good contacts at top

Limak Cimento Sanayi ve Ticaret, the cement branch of the Turkish group Limak, which registered its Mozambican subsidiary in January [...]

MOZAMBIQUE Business 28/08/2015

Mesquita, emperor of Beira

The minister for transport and communications, Carlos Mesquita, has tightening his grip on the economy of Beira. This city situated [...]

Spotlight

MOZAMBIQUE Politics 12/06/2015

President Nyusi’s family already breaking through in business

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. [...]

Spotlight

MOZAMBIQUE Politics 30/01/2015

Filipe Nyusi's team standing in Armando Guebuza's shadow

The government the new president Filipe Nyusi inaugurated on 17 January is much more technocratic in nature than that of his predecessor Armando Guebuza. And yet, while Nyusi is personally not particularly active in private business (ION 1389), the majority [. [...]

MOZAMBIQUE Business 05/10/2012

The Guebuzas go into coal

The company Focus 21 Gestao e Desenvolvimento owned by President Armando Guebuza and his family acquired a 25% stake in [...]

MOZAMBIQUE Business 02/03/2007

Guebuza's daughter invests in Beira

Valentina da Luz Guebuza, the daughter of President Armando Guebuza, has a minority stake (2.5%) in the firm Beira Grain [...]

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MOZAMBIQUE
Alberto Chipande
Ana Flavia Joao de Azinheira
Armando Guebuza
Atanasio Salvador Mtumuke
Banco de Mocambique
Banco Internacional de Mocambique
Beira Grain Terminal
Carlos Mesquita
Cornelder Mocambique
Dinema Investimentos
Empresa Moçambicana de Seguros
Filipe Nyusi
Frelimo
International Monetary Fund
Joaquim Verissimo
Logistics XXI
LuxPorts XXI
Miguel Jose Matabel
Portos do Norte
Portos e Caminhos de Ferro de Mocambique
Rago Imobiliaria
Raulina Alberto Maracane Gomes
Rogero Lucas Zandamela
Rui Fonseca
Somoestiva
Valentina da Luz Guebuza
Victor Pedro Gomes

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Simandou, Nimba and Zogota: the long and difficult road to the start of iron ore production

How the railroad barons jumped on the presidential express

This article may be accessed by subscribers and e-wallet holders (USD 19.50)

2 options offered to continue reading

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create a free account

Receive free prompts for these topics

Defence dollars and private investments are Nyusi's tandem tasks

New driving force for Portuguese business in Nampula

Maputo suspends eurobond repayments

Lithuania's honorary consul Álvaro Massingue starts out in oil

Eduardo Abdula of FRELIMO expands his hotel business

Manuel Chang's son-in-law ousted by partners with Guebuza ties

Ouricos do Mar, the offshore consultancy with ties to the Guebuzas

Active Frelimo supporter, Zhu Long branches out into oil

Ameir Nahdi drops anchor in Mozambique

The powerful local partner of a major Nigerian bank

Ex-minister for the environment moves into mining

A settling of scores at Limak Cimentos

Former minister Mateus Oscar Kida gives mining a shot

A high-flying female quintet moves into port logistics at Nacala

The ex-governor of the central bank turns over a new leaf

Amda Energia seals new alliances

Chipande's daughter cosies up to the banking elite

Monteiro seen as potential stand-in for president

Former CFM boss Mualeia looks after his interests

Former president's nephew still has the business bug

Jiva Remtula puts a lock on Nacala port before turning to mines

Massinga still casting his fisherman's net

Son of Grace and Samora Machel sets up consulting concern

Nuno Uinge enters catering sector with Kuwaiti partner

Mtumuke's former partner alleges fraud in cement deal

Erdogan puts pressure on the defence minister

An insider takes the helm of national ports and railways firm

Former French navy officers gun for more business

Agostinho Langa tipped to head ports & railways

Mesquita, minister trying to hide his conflicts of interests

Secret loans: same old same old dressed up as new?

Turkish cement group Limak has good contacts at top

Mesquita, emperor of Beira

President Nyusi’s family already breaking through in business

Filipe Nyusi's team standing in Armando Guebuza's shadow

The Guebuzas go into coal

Guebuza's daughter invests in Beira

Receive free prompts for these topics

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