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Aid An unpaved road in Tete province. Photo: Eva Fritzbøger/Zitamar News
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Recently-announced World Bank and EU-funded rural road projects in northern Mozambique are unlikely to result in real improvements unless the way the country’s roads are managed is radically overhauled, a veteran of the sector has told

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Politics EMATUM's fishing boats rusting in Maputo harbour. Photo © Timothy Haccius / Zitamar News
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The Mozambican public is still waiting for a summary of the audit into the ProIndicus, EMATUM, and MAM deals which is “being submitted to the office of the public prosecutor of Mozambique,” a spokesman for the International Monetary Fund said on Thursday. [...]

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Politics EMATUM's fishing boats rusting in Maputo harbour. Photo © Timothy Haccius / Zitamar News
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An executive summary of the audit conducted by investigations company Kroll into Mozambique’s ProIndicus, EMATUM and MAM deals should be made public by the end of May by the office of the Attorney General (Procuradoria da Republica, PGR) , which is due to [...]

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Politics An Ocean Eagle surveillance trimaran supplied to Mozambique under the EMATUM or ProIndicus deals. Photo: CMN
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The company conducting an international audit into Mozambique’s three maritime security companies that borrowed $2 billion with sovereign guarantees, has been given another month’s extension to complete its report, originally due at the end of [...]

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Electricity View of the River Púngoé at Pavua. Photo: EleQtra
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A UK-based development fund, in partnership with the son of the founder of troubled Moza Banco, will hold two public consultations in February on a planned 120 MW hydropower plant on the Púngoé River, which runs between the provinces of Sofala and Manica in central Mozambique. The Pavua [...]

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Economy EMATUM's fishing boats rusting in Maputo harbour. Photo © Timothy Haccius / Zitamar News
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International audit firm Kroll has signed the contract allowing it to start work auditing the three deals that saw Mozambican state-linked companies borrow $2 billion in clandestine deals that have now effectively bankrupted the country.

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