Latest News for: Mozambique money


Vodacom sheds 4% on JSE after it reports lower headline earnings

Independent online (SA) 14 Nov 2023
However, strong data and mobile money revenue under MPESA in the region was offset by headwinds relating to “Mozambique’s price transformation” programme.

Mozambique seeks $3 billion from Privinvest in 'tuna bonds' scandal

Reuters 17 Oct 2023
In London's High Court, Adkin said Privinvest and two former Credit Suisse bankers concocted the Mozambique deals "with the sole objective of extracting as much money as they possibly could from the republic".

Rwanda wants to be Africa’s bobby on the beat

Economist 10 Oct 2023
to make money and influence people ... Mr Kagame acknowledged as much in a recent interview with the Africa Report, saying that since Mozambique and the CAR had no money they had agreed to “find another way” to compensate Rwanda.

Firm Unveils Initiative To Solve FX Liquidity Challenges in Nigeria

This Day 09 Oct 2023
This payment service promises its users expanded reach; enabling money transfers from Nigeria to Ghana, Senegal, Gambia, Kenya, Cameroon, Ivory Coast, Mozambique, Tanzania, Uganda, Zambia, Zimbabwe, Guinea Conakry, Rwanda, Congo DRC, Burkina Faso,.

UBS strikes a deal in Mozambique-Credit Suisse saga

Cryptopolitan 02 Oct 2023
... sever their financial lifelines to Mozambique ... Yet, Privinvest insists on his inclusion in the trial, pointing fingers at what they’ve labeled Mozambique’s money-reclaiming tactics.

Mozambique can sue Privinvest in London 'tuna bond' case, UK court rules

Reuters 20 Sep 2023
Privinvest had argued that any dispute with Mozambique must be addressed by arbitration. In 2021, the Court of Appeal ruled in the company's favour, in a blow to Mozambique's efforts to recoup the money it says it lost.

Idaho Falls Zoo celebrates 25 years of AZA accreditation

Victoria Advocate 11 Sep 2023
(We) do that in a very aggressive way, not using any tax dollars at all, but raising money.” ... in Mozambique, Africa,” Pennock said. “ You get to vote for which program you want your money to support.”.

Aid workers accused of demanding sex for food in Mozambique

Blitz 08 Sep 2023
Mozambique’s Cabo Delgado province has been gripped by conflict since 2018, involving militant Islamist fighters and Mozambican security forces ... demanding sex and money in return for food aid.

Wagner is still crucial for Putin despite Prigozhin's death

The New Arab 01 Sep 2023
Ukraine is one of them ... military help for influence, raw materials, and money. From Libya and the Central African Republic, expanding to Sudan, Mali, and -briefly - Mozambique ... He also invited Russian investors to pour money toward that goal ... ....

Mozambican president calls for more investment in natural resource industries 29 Aug 2023
28 (Xinhua) -- President of Mozambique Filipe Nyusi has encouraged foreign investors to plow money into the country's natural resource industries ... Mozambique's economic competitiveness," he added.

This is Jo’burg Season 1 Episode 10

Mail Guardian South Africa 28 Jul 2023
Between 1936 and 1975 a radio station subverted young Jo’burgers all the way from Mozambique. LM Radio’s highly effective ad department came for their money, but it was its ...

Former Mozambique finance minister extradited to US over $2B fraud scandal

Jurist 14 Jul 2023
Chang faces faces for his role in a $2 billion fraud and money laundering scheme that nearly crashed Mozambique’s economy and victimized individuals in the US ... well as money laundering charges.

NYC mayor Eric Adams to update disclosure form after failing to report crypto holdings, report says

NBC Bay Area 14 Jul 2023
Money Report ... Mozambique ex-finance minister denied bail in New York over $2 billion ‘tuna bond' scandal ... a run for its money as one of the country's top destinations for industry enthusiasts.

Ex-Mozambique finance minister arrives in US to face debt scandal charges

Reuters 13 Jul 2023
NEW YORK, July 13 (Reuters) - Mozambique's former finance minister is set to appear in U.S ... charges of conspiring to commit wire fraud, securities fraud and money laundering ... investors about Mozambique's creditworthiness, prosecutors said.

Manuel Chang extradited to United States

Mail Guardian South Africa 12 Jul 2023
The money, a fair share of which came from investors in the US, was ostensibly intended to support the development of Mozambique’s tuna fishing industry and pay for trawlers and coastal patrol vessels.