Browsing: Manuel Tomé

Cement
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Frelimo holding company sells cement plant stake in $85m deal

A Singaporean company has agreed to pay $85 million for a majority  stake in a cement plant near Maputo which until last month was 99% owned by a company described as “the financial arm” of Mozambique’s ruling party, Frelimo. The cement plant project at [...]

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Politics
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Guebuza ‘demolished’ as Nyusi tightens grip on Frelimo machine

Mozambican president Filipe Nyusi strengthened his hold on the ruling Frelimo party after a marathon party congress that ran into the early hours of Monday morning. The party’s Political Commission (Comissão Política, CP), exits this 11th Frelimo Congress [...]

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