Tag

Mozambique

All articles tagged with #mozambique

religion16 days ago

Mozambique Celebrates 100 Years of Gospel Preaching

Jehovah’s Witnesses have been active in Mozambique for 100 years, starting with Albino Mhelembe in 1925. Despite facing severe persecution from the 1940s to the 1970s, they persisted in their preaching work. Legal recognition in 1991 marked a turning point, leading to significant growth, with over 109,000 members now actively sharing the Bible’s message in nearly 30 languages across the country.

politics1 year ago

Mozambique Election Unrest Escalates Amid Protests and Border Closures

Mozambique has been experiencing significant unrest following the October 9 elections, with the ruling Frelimo party's victory being contested by opposition leader Venancio Mondlane, who claims the election was rigged. Protests have erupted in the capital, Maputo, with police using tear gas to disperse demonstrators. The unrest has resulted in at least 20 deaths, and the government has restricted internet access to curb protests. The Southern African Development Community is set to discuss the situation in an upcoming summit.

international1 year ago

Mozambique Faces Unrest Amid Election Dispute and Border Closure

South Africa has temporarily closed the Lebombo border crossing with Mozambique due to violent protests following Mozambique's disputed presidential election, which was won by the ruling Frelimo party. The unrest has led to deadly clashes, with vehicles and buildings set ablaze on the Mozambican side. South African authorities have taken measures to ensure public safety, including deploying police and army personnel to prevent the violence from spilling over. The protests have resulted in at least 18 deaths, and Mozambique's opposition leader has gone into hiding amid threats to his safety.

tragedy1 year ago

"Mozambique Ferry Disaster: Over 90 Dead in Tragic Accident"

A makeshift ferry sank off Mozambique’s northern coast, leaving at least 94 people dead, including many children, with 26 still missing. The overloaded fishing boat, not licensed to transport people, was carrying passengers fleeing a cholera outbreak and heading to a fair. Misinformation about the outbreak caused panic and overcrowding on the boat, leading to the tragic incident.

tragedy1 year ago

"Tragedy Strikes: Unlicensed Ferry Capsizes, Leaving 94 Dead in Mozambique"

At least 94 people, including children, have died and 26 are missing after an unlicensed ferry boat, overloaded with 130 passengers fleeing a cholera outbreak, capsized off the northern coast of Mozambique. The vessel was not licensed to transport people and was hit by a tidal wave while ferrying passengers from Lunga in Nampula province to Mozambique Island. Videos on social media showed bodies on the beach, and the country has been battling cholera outbreaks since last year.

tragedy1 year ago

"Fatal Ferry Tragedy Claims Over 90 Lives in Mozambique"

A makeshift ferry sank off Mozambique's northern coast, killing over 90 people, including many children, as it was carrying 130 people and capsized while operating between Lunga and the Island of Mozambique. The tragedy occurred as people were reportedly trying to flee from a cholera outbreak, which had caused panic and misinformation, leading them to board the overcrowded boat. Rescue efforts are ongoing, with some still missing, and the incident highlights the challenges faced in accessing remote areas of Mozambique, where boats are often the only means of transportation.

tragedydisaster1 year ago

"Tragedy in Mozambique: Over 90 Lives Lost in Ferry Disaster"

A makeshift ferry carrying around 130 people capsized off Mozambique's coast, resulting in at least 98 deaths, including children, as residents were reportedly fleeing a suspected cholera outbreak. The vessel, unsuitable for transporting passengers, was overcrowded, and the accident occurred while en route to the Island of Mozambique. The country has been grappling with a deadly cholera outbreak, with Nampula being the worst affected province. Many areas in Mozambique rely on boats for transportation, often leading to overcrowding and safety concerns.

health2 years ago

"Malaria on the Rise: Climate Change Fuels Spread"

Rising temperatures and extreme weather events caused by climate change are increasing the risk of malaria transmission, potentially putting over 5 billion people at risk by 2040, according to a Washington Post analysis. The analysis reveals that longer transmission seasons, migration of malaria-carrying mosquitoes to new areas, and demographic growth are contributing to the spread of the disease. Sub-Saharan Africa is particularly vulnerable, with some regions experiencing year-round transmission. The United States could also see longer transmission seasons in the South due to warming temperatures and increased rainfall. Efforts to combat malaria are being challenged by climate change, as rising temperatures and disrupted rainfall patterns create favorable conditions for mosquitoes to breed and spread the disease.

legalfinancial2 years ago

Mozambique and Credit Suisse Reach Settlement in 'Tuna Bond' Scandal

Credit Suisse has reached a last-minute settlement with Mozambique in a $1.5 billion bribery and fraud case, just before a London trial was set to begin. Mozambique had accused Credit Suisse of bribery and fraud and was seeking $1.5 billion in damages. The details of the settlement were not immediately available. The case revolves around loans secured with undisclosed government guarantees, known as "tuna bonds," which were intended to fund projects in Mozambique but triggered a debt default and criminal investigations when the scale of the case became public in 2016.

business2 years ago

Credit Suisse and Mozambique Reach Settlement on 'Tuna Bond' Dispute

Credit Suisse, now owned by UBS, has reached an out-of-court settlement with Mozambique over the decade-old "tuna bond" scandal, resolving a major legal dispute. Under the deal, UBS will forgive part of a loan made by Credit Suisse to Mozambique in 2013. The settlement includes most of the creditors involved in funding the loan. The case revolves around deals between Mozambican companies and shipbuilder Privinvest, funded by loans and bonds from Credit Suisse, which were intended for the development of the fishing industry. However, hundreds of millions of dollars went missing, leading to financial turmoil. French shipping mogul Iskandar Safa and Privinvest remain defendants in a High Court battle.

legalfinancial2 years ago

Mozambique and Banks Settle 'Tuna Bond' Dispute

Credit Suisse has reached a last-minute settlement with Mozambique in a $1.5 billion bribery and fraud case, just a day before a trial was set to begin in London. The case, known as the 'tuna bonds' scandal, dates back to 2013 and 2014 when Mozambique, Privinvest, and Credit Suisse entered into loan agreements. The loans were secured with undisclosed government guarantees and were intended to fund projects such as a state tuna fishery. The case led to a debt default and criminal investigations, with Mozambique seeking $1.5 billion in damages. Details of the settlement were not immediately available.

business2 years ago

UBS Resolves 'Tuna Bond' Dispute with Mozambique

UBS has reached a settlement with Mozambique in the "tuna bond" case, which involved allegations of corruption and fraud related to loans made to state-owned companies. The settlement comes after Credit Suisse agreed to pay $47 million to Mozambique earlier this year. The "tuna bond" scandal has highlighted the risks associated with investing in emerging markets and has led to increased scrutiny of banks' involvement in such deals.