From empty fuel pumps to dollars selling for a steep premium on the street, Mozambique’s foreign-currency crunch is becoming increasingly obvious in the natural gas-rich southeast African nation.
(Bloomberg) -- Mozambican schools closed and office workers mostly stayed at home in the capital of Maputo as fears grew that cost-of-living protests could turn violent. The city was largely deserted ...
At least 17 people died and several others were injured in Mozambique's capital early on Monday when a 15-metre pile of garbage collapsed due to heavy rain and buried seven houses, officials said. The ...
Show more Show less Mozambique's capital Maputo awoke to wreckage after protests against disputed elections Some protesters also threw stones at riot police, who responded with tear gas Poll observers ...
Mozambique has added a new chapter to the sorry tale of its involvement in the international capital markets after telling creditors that its debt levels are not sustainable. The country is working to ...
The FINANCIAL — Nestlé is working with the International Red Cross in Mozambique to help more than 200,000 families affected by floods in the country. As Nestlé said, the company has donated over ...
MAPUTO, Aug 29 (Reuters) - The sales of local assets by foreign companies operating in Mozambique will from next year be taxed at a fixed rate of 32 percent, a tax official in the emerging coal and ...
Portugal's Galp Energia, a partner in an Exxon Mobil-led gas consortium in Mozambique, will not invest in onshore plants there until authorities guarantee security and social stability, which may take ...
MAPUTO, Mozambique — At least 205 people were killed and 400 hurt in a train crash in Mozambique on Saturday, Health Ministry officials said. “We have now received 205 bodies,” said Dr. Yacoob Omar, a ...
Mozambique's capital Maputo on Friday suffered a mobile internet blackout after protests against the re-election of the ruling Frelimo party descended into violence. Protests erupted on Thursday with ...
For the best experience, please enable JavaScript in your browser settings. Rescue workers clear rubbish as they continue to search for survivors [Courtesy] At least ...