Vol 59 No 1 | MOZAMBIQUE Maputo faces off with the Fund 12th January 2018 Frelimo believes it can stare down donors and lenders, avoiding reforms and hanging tough over the secret loans The final year of Filipe Nyusi's difficult tenure as President of Mozambique is unlikely to end on a high note. As the 2019 elections approach, a dose of...
Vol 58 No 24 | MOZAMBIQUE Honeypot on wings 1st December 2017 While Mozambique's poor struggle with austerity and inflation, President Filipe Nyusi will be soaring comfortably over them in his Canadair Challenger 850 private jet, acquired last month for...
Vol 58 No 22 | MOZAMBIQUE Party debts hold back Nyusi 3rd November 2017 The president has a better grip on power now but still has much to do before confidence in him improves President Filipe Nyusi needs to build on his recent assertion of control over party and state, analysts are saying. He is still hamstrung when it comes to the...
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,...