Tag Archives: Mozambique

Illicit capital flowing out of Africa often benefits foreign investors

By Antonio Macheve Jr The US-Africa Summit in Washington DC has built enormous expectations for the development of Africa, particularly in what concerns economic ties, trade relations, investments and business between the nations of the African continent and the US. Despite enormous human-rights violations, conflict, widespread disease and other ills commonly known to Africa, the…

2 Comments Continue Reading →

The mining multinationals in Mozambique: Is it a win-win situation?

By Antonio Macheve Jr The generic stories of multinational companies extracting natural resources from poor resource-rich countries often maintain a strong emphasis on exploitation of cheap labour, environmental degradation, poor local economic and social development, and unresponsive corporate social responsibility policies as the most direct effects of such operations on the population, particularly around the…

2 Comments Continue Reading →

The natural resource T-junction in Mozambique

By Antonio Macheve Junior Since the beginning of the current decade, Mozambique has and continues to be a key destination for foreign direct investment. The government and international companies involved in the prospection of hydrocarbons have made several announcements of significant discoveries of natural gas in the Rovuma Basin. A South African Institute of International…

3 Comments Continue Reading →

Something worth saving

We’re about 300km off the coast of South Africa, sailing in the high seas of the Indian Ocean. During the night we caught up to a Spanish longliner, one of the many foreign vessels fishing in the region, others coming from places like Taiwan, Japan, and the United Kingdom. Since yesterday morning we’ve been in…

5 Comments Continue Reading →

Why isn’t shark finning news?

I saw six sharks being cut up for their fins yesterday. And as monstrous as it was, it won’t make headlines, it isn’t News: currently the fins from between 26 million and 73 million sharks are sold a year, that’s up to 8 000 sharks killed an hour. And the market is booming. I’m currently…

32 Comments Continue Reading →

Gaddafi’s gifts to Mozambique

By Luis Nhachote On Thursday, news of Muammar Gaddafi’s brutal end topped the news. In Mozambique, many people will remember the antics of the colonel and the times he spent there. Frequently during his visits, he nonchalantly shuffled the protocols of the Frelimo government to gain favour with the public. I remember the 2003 summit…

32 Comments Continue Reading →