Latest News for: Mozambique money


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

Reuters 20 Sep 2023
Mozambique claims it is the victim of a conspiracy involving Privinvest and Safa, whom it accuses of paying more than $130 million in bribes to corrupt officials and Credit Suisse employees ... 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

Longview News-Journal 11 Sep 2023
(We) do that in a very aggressive way, not using any tax dollars at all, but raising money.” ... leopards in the wild, another endangered species; and Gorongosa National Park 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 ... Several women have come forward, like Macia, alleging that relief workers have been 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
This has presented the possibility that the plane suffered a mid-air explosion and not a technical defect ... 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 ... to date, we are cognizant of the need to redouble our efforts to enhance 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
South African authorities extradited Mozambique’s former Finance Minister Manuel Chang to the US on Wednesday to face corruption charges. 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.

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

NBC Bay Area 14 Jul 2023
Get a weekly recap of the latest San Francisco Bay Area housing news ... Money Report ... Mozambique ex-finance minister denied bail in New York over $2 billion ‘tuna bond' scandal ... Adams' pro-crypto platform was part of the politician's efforts to give Miami 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 ... Eventually the loans defaulted and investors lost their money.

Manuel Chang extradited to United States

Mail Guardian South Africa 12 Jul 2023
The charges stem from an elaborate fraud scheme that led to Mozambique defaulting on debt payments in 2016 ... 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.

Mozambique ex-minister extradited to US to face debt scandal charges

Reuters 12 Jul 2023
CAPE TOWN, July 12 (Reuters) - Mozambique's former finance minister, Manuel Chang, was extradited to the United States from South Africa on Wednesday to face charges for his alleged role in a $2 billion debt scandal, the South African justice ministry said ... Mozambique ...

Families of Boksburg gas leak victims unsure how they'll bury their loved ones

Eye Witness News 11 Jul 2023
The majority of the people that died are migrants from Mozambique and Zimbabwe ... Hortencia wants to bury her husband in Mozambique but doesn’t have the money to ... The families, who are from Mozambique and Zimbabwe, say they’ve been quoted around R8,000 to have a body repatriated to their home countries. "We have no money. My god, we have nothing ... .

Boksburg gas leak: Man who lost family says he can't pay to send bodies to Zim

Eye Witness News 11 Jul 2023
Families affected by the Boksburg gas leak disaster said they had no money to repatriate and bury their loved ones in their home countries. JOHANNESBURG - Families affected by the Boksburg gas leak disaster said they had no money to repatriate and bury their loved ones in their home countries.

Families of Boksburg gas leak victims accuse police of working with zama zamas

Eye Witness News 11 Jul 2023
Less than a week since the Boksburg gas leak disaster, community members at the Angelo informal settlement say illegal mining has resumed ... ALSO READ.. - Boksburg gas leak. Family asks for help to repatriate 4 bodies to Mozambique ... ‘I don’t see anything to help us’ ... Hortencia wants to bury her husband in Mozambique but doesn’t have the money to ... .

Jihadists in Congo are extending their reach in the region

Economist 23 Jun 2023
Money comes from several sources, too, according to the Programme on Extremism ... In South Africa its operatives raise money through kidnapping, extortion and robbery, which is then used to finance the ADF as well as IS-linked jihadists in Mozambique ... Similar channels are probably also used to send money to jihadists in northern Mozambique.

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In this photo released by Azerbaijan's border guard service on Wednesday, Sept. 27, 2023, Azerbaijan's border guard officers pose with detained Ruben Vardanyan, center, in Nagorno-Karabakh. Azerbaijan says it has detained the former head of Nagorno-Karabakh's separatist government as he tried to cross into Armenia following Azerbaijan's 24-hour blitz last week to reclaim control of the enclave. The arrest of Ruben Vardanyan was announced by Azerbaijan's border guard service.
AP / Azerbaijan's border guard service via AP
File - Donald Trump speaking with attendees at the 2023 Turning Point Action Conference in West Palm Beach, Florida
Creative Commons / Gage Skidmore