Zitamar Daily Briefing, 6 September 2018
Welcome to Zitamar’s daily Mozambique briefing for 6 September, 2018. Agenda Today: Conference on the…
Browsing: AdM
IMF calls on Mozambique to liquidate maritime security companies
- Article IV report says ‘decisive action’ is needed to trace where the $2bn went
- ‘Highly non-concessional’ bilateral debt from unnamed [...]
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Mozambique airports will remain open to international flights, minister confirms
Mozambique’s minister of transport, Carlos Mesquita, has quashed talk of closing Mozambique’s smaller airports to international traffic, ending years of speculation that international flights to important tourism and business destinations would have to [...]
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Delayed tender for Nacala airport concession to be released ‘soon’ – minister
A public tender to hand management of Nacala Airport to a private concessionaire will be launched “soon” once the specifications of the contract have been finalised, Mozambican transport minister Carlos Mesquita has told
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Brazilian state pays out for Mozambique airports default
Brazil's state-owned development bank BNDES has called for compensation from the country’s treasury after Mozambique defaulted on loans taken out to fund the construction of Nacala airport.
The default is BNDES' [...]
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Aeroportos de Moçambique re-hires chairman who was jailed for corruption
Aeroportos de Moçambique (AdM) has re-hired a former chairman just seven years after he was imprisoned for his part in a scheme that stole $1.7 million from the company.
Diodino Cambaza was appointed chairman of the [...]
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Mozambique ex transport minister denies involvement in Brazilian corruption
Mozambique’s former minister of transport and communications, Paulo Zucula, has denied taking bribes from Brazilian companies Embraer and Odebrecht following reports in the Mozambican media alleging involvement in two separate scandals.
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PPP tender launched for Mozambique airports development
Mozambique’s state airports company has issued another tender to bring in the private sector to make its airports profitable, weeks after announcing a short-list of international companies competing
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Global consortia bid for Mozambique airports ‘master plan’ contract
Mozambique’s airport authority has drawn up a shortlist of six international consortia to develop a ‘Master Plan’ for six of the country’s airports - ranging from Maputo’s international airport to a small coastal aerodrome in the country’s far north east. [...]
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Mozambique airport company accounts reveal $300m state-backed borrowing
Mozambique’s state-owned airports company is in grave financial difficulties and will rely on continued support from the government to stay afloat, its latest published accounts has revealed.
The accounts also show [...]
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