The US Securities and Exchange Commission (SEC) is directing the fines imposed on Credit Suisse, related to the Mozambique scandal, into a fund. The fund, which amounts to around $105.5 million (CHF96 ...

MOZAMBIQUE stands at a dangerous crossroads, a nation grappling with fiery street protests, mounting distrust in leadership, and a fractured society. What began as an electoral dispute has escalated ...

A recent visit to Cabo Delgado in northern Mozambique revealed the devastating impact of an insurgency that claims an ...

The US Securities and Exchange Commission (SEC) is directing the fines imposed on Credit Suisse, related to the Mozambique scandal, into a fund.

An East African country is home to the continent's longest mainland stretch of coastline, covering a staggering distance of ...

Expert Panel outlines strategies for sustainably increasing production of aquatic foods to meet economic and food security goals amid forecasts of a ...

Discover how South Africa's unique manta ray populations are not only vital for ocean health, but also hold the potential to ...

Maputo is the capital of Mozambique, and it sits on the coast of the Indian Ocean. If you love history and want to see the ...

Manuel Chang was sentenced to 102 months in prison for his part in stealing hundreds of millions of dollars in loans, which ...

Manual Chang was convicted last year for his role in the so-called 'hidden debt' graft scandal that sparked an economic crisis in his home country.

Chang was Mozambique’s top finance official from 2005 until 2015, when he signed off on loans that were supposed to pay for a tuna fishing fleet, a shipyard, Coast Guard vessels and other ...

The loans were meant to develop Mozambique's fishing industry and improve maritime security, but the projects collapsed and the state-backed companies defaulted, leaving investors - including some in ...