Mozambique President Appoints New Finance, Energy Ministers
MAPUTO (Reuters) - Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister.
Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
A federal court in New York has sentenced Mozambique’s former finance minister to another two-and-a-half years behind bars for his role in the “tuna bond” corruption scandal that triggered a financial crisis in the African nation.
Mozambique’s Ex-Finance Minister Sentenced to Prison Over ‘Tuna Affair’
Manuel Chang will spend eight and a half years in prison for taking about $7 million in bribes and kickbacks in a loan scandal that sent the country’s economy into a crisis.
Ex-Mozambique Minister Gets 8 1/2 Years in US Bond Fraud
A former Mozambique finance minister was sentenced to 8 1/2 years in prison by a US judge for his role in a $2 billion bond fraud that ensnared Credit Suisse Group AG and triggered a financial crisis for the African nation.
US court sentences former Mozambique finance minister to extended prison term
Mozambique’s former finance minister, Manuel Chang, has been sentenced to serve eight-and-a-half years in prison this Friday for his role in the 'tuna bond' scandal by a Brooklyn court. In 2005,
Ex-Mozambique Minister Sentenced For Role In 'Hidden Debt' Scandal
Former Mozambican finance minister Manuel Chang was sentenced to more than eight years in prison on Friday in connection with a graft scandal that sparked an economic crisis in his home country.
Ex-Mozambique Finance Minister Gets 8½ Years in Prison in Bribery Scheme
A U.S. federal judge said Manuel Chang betrayed his country in one of the biggest debt-corruption scandals in Africa.
Mozambique not looking to review terms of planned LNG projects, president says
Mozambique is not looking to review contract terms with energy majors like TotalEnergies and ExxonMobil who are planning ...
‘Burn Mozambique’: New President Takes Power in a Nation on Edge
Daniel Chapo was sworn in at a time of widespread anger directed at his party, Frelimo, which has led the country for 50 ...
Mozambique's Chapo sworn in as president after disputed election
Following months of protests against his disputed election victory, Daniel Chapo of Mozambique's Frelimo party has been sworn ...
Anti-AIDS program in peril after US finds nurses in Mozambique provided abortions
The flagship U.S. aid program on HIV/AIDS is in jeopardy, a senior Republican warned on Thursday, after U.S. officials said four nurses in Mozambique performed abortions that are banned under the ...
Hundreds protest as Mozambique inaugurates a new president
Hundreds of supporters of Mozambique’s opposition protested as the country inaugurated a new president following disputed ...
Daily Maverick on MSN1h
The chaos of Mozambique — a warning for South African institutions
Recent events in Mozambique have reminded us how important it is for institutions to both work properly and have legitimacy ...
South32 2Q Production Rises on Quarter, Cautions on Costs -- Update
Costs at its South African aluminum smelters are expected to be roughly 10% above the second half of fiscal 2024 due in part to higher alumina prices, the company said. It estimated costs at the ...
South Africa in 2025: 8 key factors that will shape the future and test the government
Poor governance and incompetence plague South Africa’s public administration, particularly at the local level.