Browsing: Maria Isaltina Lucas

Kroll Report Bank of Mozambique governor Ernesto Gove refused to take questions on the hidden debts at a press conference on 21 July 2016. Photo © Timothy Haccius / Zitamar News
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Mozambique’s public prosecutor has named at least 17 people - including former finance minister Manuel Chang, and former central bank governor Ernesto Gove - who it says should face financial penalties for their part in the $2.2 billion debts borrowed on [...]

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Politics Former Finance Minster Manuel Chang addressing a Frelimo party meeting on 27 February 2017. Photo © Alexandre Nhampossa / Zitamar News
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The head of the Mozambican Bar Association has called for those responsible for taking out the so-called hidden debts to be held “exemplarily responsible”, and forced to pay back money they may have received. Flávio [...]

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Business Ragendra de Sousa
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Ragendra de Sousa, an economist specialised in agriculture, has been appointed deputy minister of trade and industry by Mozambican president Filipe Nyusi. Nyusi has also appointed the former head of the tax authority, Rosario Fernandes, to head up [...]

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Economy Prime Minister Carlos Agostinho do Rosario
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Mozambique’s Prime Minister Carlos Agostinho do Rosario took “an important first step” in mending relations with the IMF yesterday, according to news agency Lusa, when he admitted to managing director Christine Lagarde that Mozambique had until now hidden more than $1 billion in [...]

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