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 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 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 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 opposition leader open to serving in rival's government
Mozambique's main opposition leader Venâncio Mondlane has told the BBC he is prepared to serve in the government if President ...
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 ...
Mining Weekly13h
Strong start to year keeps South32 guidance intact outside of Mozambique
Johannesburg-, Sydney and London-listed globally diversified mining and metals company South32 on Monday reported a ...
‘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 ...
Mozambique To Swear In New Parliament After Disputed Vote
Mozambique is set to swear in its new parliament on Monday, following months of deadly protests over an election in October ...
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 ...
Mozambique's new president sworn in despite opposition boycott
Mozambique's new President Daniel Chapo has been sworn in at a low-key ceremony in the capital, Maputo, that was marred by an ...
Catholic News Agency6h
AIDS relief program ‘in jeopardy’ after federal funds used for abortions
A major U.S. HIV/AIDS relief program is facing potential blowback amid reports that the program was used to fund abortions in southeast Africa.