Mozambique’s crisis-hit national carrier, LAM, is in negotiations with a potential strategic partner to help restore stability to the airline whose parlous financial state is having a knock-on effect on other state-owned companies. LAM is currently avoiding bankruptcy by not paying for its fuel, supplied by state-owned Petromoc, or for the use of Mozambique’s airports,…...

Prime Minister Carlos Agostinho do Rosario and Finance Minister Adriano Maleiane in parliament on 3 May 2017.