Browsing: Carlos Agostinho do Rosario

Kroll Report Prime Minister Carlos Agostinho do Rosário and Deputy Finance Minister Maria Isaltina Lucas at a briefing on 1 March 2017. Photo © Alexandre Nhampossa / Zitamar News
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Mozambican President Filipe Nyusi yesterday dismissed Maria Isaltina Lucas as deputy finance minister, potentially clearing the way for her to face prosecution for her role in the $2.2 billion ‘hidden debts’ scandal. The dismissal is an “appropriate measure” which removes her immunity as a [...]

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Kroll Report The pavilion at the Frelimo Central School in Matola.
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The Political Commission of Mozambican ruling party Frelimo may be moving to support non-payment of the so-called ‘hidden debts’, saying last Friday that the government’s focus should be on “identifying solutions which safeguard the interests of [...]

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Economy Prime Minister Carlos Agostinho do Rosário and Deputy Finance Minister Maria Isaltina Lucas at a briefing on 1 March 2017. Photo © Alexandre Nhampossa / Zitamar News
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A criminal indictment in the US over Mozambique’s $2.2 billion hidden debt scandal will affect negotiations between the Mozambican government and the holders of the loans that financed the deals, Prime Minister Carlos Agostinho do Rosário said yesterday. The [...]

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Infrastructure The road network in Mozambique's Cabo Delgado province. Map: ANE
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The Mozambique government is negotiating three separate public-private partnerships on the country’s main north-south highway, requiring total investment of $415 million to be repaid through road tolls, the country’s Prime Minister said last week. [...]

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