Mozambique’s ex-finance minister gets another 2.5 years behind bars in ‘tuna bonds’ corruption case
Mozambique’s former finance minister has been sentenced to serve another two-and-a-half years in prison by a U.S. court for his role in the “ tuna bond ” scandal that triggered a financial crisis in the struggling African nation.
Mozambique president appoints new finance, energy ministers
Mozambique President Daniel Chapo on Friday appointed Carla Louveira as finance minister and Estevão Pale as mineral resources and energy minister.
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.
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.
Mozambique Ex-Finance Minister Sentenced in US to 8-1/2 Years in Prison Over 'Tuna Bonds' Scandal
A former Mozambique finance minister was sentenced on Friday to 8-1/2 years in prison after being found guilty of participating in a fraud involving $2 billion in loans to three state-owned companies to develop the southern African country's fishing industry.
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.
Alert: US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case
US court sentences Mozambique’s ex-finance minister to another 2.5 years behind bars in ‘tuna bonds’ corruption case. A new $25 million grant program highlights state officials' efforts to reduce the
Mozambique Bonds Fall After Signal on Public-Debt Restructuring
Mozambique is considering restructuring its public debt after the government lost about 42 billion meticais ($664 million) of ...
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Mozambique: Masked assailants create panic in Cabo Delgado – AIM report
A group of masked assailants, armed with machetes, have been creating fear and panic among motorists travelling on the road ...
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 ...
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Mozambique: Government members must declare their assets within 45 days – Watch
Members of the new Mozambican government have 45 days, as from last Saturday, to declare their assets, and submit this declaration to the Attorney-General’s Office. President Daniel Chapo reminded ...
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 ...
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 ...
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The rights of undocumented immigrants in SA
Undocumented immigrants in SA are not entitled to SASSA grants but can claim UIF benefits, and must pay taxes like everyone else, especially so in respect of VAT which is unavoidable to all ...