Tag: Mozambique

Islamist insurgency flares in Mozambique

“If [the jihadists] knew I was a government official, they would have beheaded me,” Tomas Langa, a civil servant in northern Mozambique, told the BBC. He feels he had a lucky escape. We have changed his named for his safety. Woken in the early hours of 10 May by heavy gunfire, Mr Langa looked out […]

CNOOC Expands Mozambique Acreage

CNOOC Expands Mozambique Acreage This article was first published on Rigzone here CNOOC Ltd. has entered into petroleum exploration and production concession contracts (EPCCs) with the Ministry of Mineral Resources and Energy of Mozambique (MIREME) and Empresa Nacional de Hidrocarbonetos (ENH) for five offshore blocks in the country. CNOOC said in a media release that […]

Mozambique Cuts Rates Third Time in Row, Signals More to Come

(Bloomberg) — Mozambique’s central bank became the first in Africa to cut rates for a third straight time this year and indicated that it will continue to ease. Most Read from Bloomberg The Banco de Mocambique lowered its benchmark lending rate, known by its Portuguese acronym Mimo, by 75 basis points for a third successive […]

Jersey returns illicit funds to Mozambique

Jersey has seized £829,500 from a corrupt trust account and returned it to the authorities in Mozambique. An investigation found the funds, which had been held in a Jersey Trust, came from bribes paid to a high ranking civil servant in Mozambique by firms wanting to secure construction contracts in the country. Jersey’s Attorney General […]

Jersey returns illicit funds to Mozambique

Jersey has seized £829,500 from a corrupt trust account and returned it to the authorities in Mozambique. An investigation found the funds, which had been held in a Jersey Trust, came from bribes paid to a high ranking civil servant in Mozambique by firms wanting to secure construction contracts in the country. Jersey’s Attorney General […]

Chapo Is Mozambique Ruling Party’s Surprise Pick as Leader

(Bloomberg) — Mozambique’s ruling party chose Daniel Chapo as its new leader, making the provincial governor the clear frontrunner to succeed President Filipe Nyusi after Oct. 9 elections. Most Read from Bloomberg The party, known by its Portuguese acronym Frelimo, made the decision on Sunday following a three-day meeting of its central committee near Maputo, […]

Mozambique ferry disaster: ‘I survived

“I don’t know how I managed to escape – I can’t swim,” says Muaziza Ambaraje. She was on board as Mozambique’s worst sea disaster in recent memory unfolded on Monday. The 47-year-old is a regular on the makeshift ferry between Lungá, where she was born, and Mozambique Island where she lives. “No wave took us […]

Mozambique ferry disaster kills more than 90

More than 90 people have died after a ferry sank off the north coast of Mozambique, local authorities say. Officials in Nampula province said five people had been rescued of the around 130 believed to have been on board. They were fleeing a cholera outbreak, Nampula Secretary of State Jaime Neto said. Many children were […]

UN raises alert for 780,000 people displaced in Mozambique

The United Nations’ refugee chief has raised a new alert over 780,000 displaced people in Mozambique, the vast majority of them because of a seven-year insurgency by a jihadi group that has thrown the north of the country into turmoil. Filippo Grandi, the UN’s high commissioner for refugees, was on a visit to Mozambique’s northern […]