Vol 58 No 21 | MOZAMBIQUE Team Nyusi wins a point 20th October 2017 The ruling party's new politburo boosts the President's authority, but the two billion dollar debt scandal still casts a shadow It has not been an easy journey for President Filipe Nyusi, who does not inspire the same personal loyalty as his predecessor, the redoubtable Armando Guebuza. The first...
Vol 58 No 18 | MOZAMBIQUE Stalemate and stand-off 8th September 2017 The leak of the full Kroll audit has revealed the extent of Maputo's lack of cooperation and leaves both sides unable to move forward The audit of the US$2 billion of secret loans by the corporate investigations and risk consultancy Kroll was supposed to clear the air between the governing Frente de...
Vol 58 No 14 | MOZAMBIQUE Rock and Kroll 7th July 2017 A summary of the much anticipated audit of the secret US$2 billion loans is out. It reveals they were all buck and no bang The audit by Kroll Associates of the loans to three supposed maritime projects talks about what the US$2 billion loans were not spent on but not where the...
Vol 58 No 12 | MOZAMBIQUE Insiders dissect secret audit 9th June 2017 Six months after investigations began into the $2 billion in secret loans, revelations of fat commissions and failed projects emerge Senior officials and donors are still pondering the still secret audit which consultants Kroll Associates delivered to Attorney-General Beatriz Buchili on 12 May, after three extensions of the...
Vol 58 No 9 | MOZAMBIQUE A meandering audit trail 28th April 2017 The much-anticipated report on the secret loans is due out amid doubts about how much it will – or can – reveal Expectations and tension were building as the 28 April deadline for the delivery of the risk advisory firm Kroll's report on secret security state loans approached. Attorney General...
Vol 58 No 6 | MOZAMBIQUE Nyusi celebrates Exxon's entry 17th March 2017 Bringing in the US oil giant was a personal triumph for the President but it won't raise as much tax as he hopes President Filipe Nyusi felt the political ground underneath him get firmer when news of the Exxon-ENI deal came through. The United States oil giant ExxonMobil is buying 25%...
Vol 58 No 3 | MOZAMBIQUE Artfully dodging debt 3rd February 2017 A growing faction in the governing Frente de Libertação de Moçambique (Frelimo) favours repudiating its US$2 billion in questionable secret loans. It wants those responsible for the loans,...
Vol 58 No 1 | MOZAMBIQUE Frelimo's quagmire 6th January 2017 The people who trapped the country in secret debts are still in charge and likely to remain, but investment is falling President Filipe Nyusi is weak and not in effective control of either the country or the governing party, the Frente de Libertação de Moçambique. Political instability will be...
Vol 57 No 23 | MOZAMBIQUEANALYSIS The burden of war and debt 18th November 2016 We examine the unique conjunction of war, debt, corruption and impunity which characterise Mozambique today. This presentation answers criticisms that have been made of Africa Confidential's coverage of the issue and sets the record straight with a comprehensive survey of the crisis Mozambique's two main political parties remain locked in a sinister war of attrition as the economy nears total collapse. The Frente de Libertação de Moçambique, which has held...
Vol 57 No 21 | MOZAMBIQUE Good gas and bad governance 21st October 2016 Progress is being made towards the much-hyped gas production but it's a long and twisting road towards tangible benefits The massive economic growth rate of 24% which the International Monetary Fund predicted is no more. That was the Fund's figure for 2021, when gas production had been... READ FOR FREE