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1 week ago | 
bloomberg.com | Tavares Cebola |Matthew Hill
From empty fuel pumps to dollars selling for a steep premium on the street, Mozambique’s foreign-currency crunch is becoming increasingly obvious in the natural gas-rich southeast African nation. Motorists in Maputo, the capital, hunt for filling stations that have stock and join increasingly long queues when they find them. Red and white tape cordoning off pumps that have run dry has become a common sight.
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4 weeks ago | 
bloomberg.com | Tavares Cebola |Matthew Hill
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberg.com | Tavares Cebola |Matthew Hill
Mozambique’s most prominent opposition leader, who’s orchestrated months of demonstrations that have battered the country’s economy, said he agreed with the president to end post-election violence that’s left hundreds of people dead. Venâncio Mondlane, who officially came second to the ruling party’s Daniel Chapo in October’s presidential election, said the two reached a deal-in-principle at a meeting in Maputo, the capital, on Sunday.
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1 month ago | 
bloomberg.com | Tavares Cebola |Matthew Hill
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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1 month ago | 
bloomberg.com | Matthew Hill |Tavares Cebola
Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...
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2 months ago | 
bloomberg.com | Matthew Hill |Tavares Cebola
Mozambique’s economy contracted the most in at least seven years in the fourth quarter, after post-election protests shuttered business activity. Gross domestic product declined 4.9% in the three months through December from a year earlier, compared with a 3.7% rise in the prior quarter, the National Statistics Institute said in an emailed statement Thursday. The slump was even bigger than one at the height of the Covid-19 pandemic in 2020.
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2 months ago | 
yahoo.com | Matthew Hill |Tavares Cebola
(Bloomberg) -- Mozambique’s economy contracted the most in at least seven years in the fourth quarter, after post-election protests shuttered business activity. Most Read from BloombergGross domestic product declined 4.9% in the three months through December from a year earlier, compared with a 3.7% rise in the prior quarter, the National Statistics Institute said in an emailed statement Thursday. The slump was even bigger than one at the height of the Covid-19 pandemic in 2020.
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Jan 15, 2025 | 
bloomberg.com | Matthew Hill |Tavares Cebola
When Daniel Chapo is sworn in as Mozambique’s new president on Wednesday, he’ll take over as the leader of a nation shattered by months of protests that have claimed hundreds of lives and crippled the economy — and many people who don’t consider him legitimately elected. Protests that have engulfed the southeastern African country since Chapo’s disputed October election victory reignited this week, and the security forces once again fired bullets and teargas to disperse them.
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Jan 15, 2025 | 
nytimes.com | John Eligon |Tavares Cebola
Decades ago, Mozambique's liberation party, Frelimo, easily attracted adoring crowds. The promise of salvation from Portuguese colonizers, and a life with jobs and housing for all, was an easy sell in a southern African nation that was suffering under racist rule. But when Daniel Chapo of Frelimo becomes president on Wednesday, he will confront a country more dissatisfied with his party than at any point during the country's 50 years of independence.
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Jan 12, 2025 | 
nytimes.com | John Eligon |Tavares Cebola |João Silva
Islamic State militants have rampaged across the northern Cabo Delgado Province for more than seven years. The government says the situation has stabilized. Residents tell a different story. In October, we traveled to the Cabo Delgado Province in northern Mozambique to understand how terrorists who claim an affiliation with the Islamic State have gained a foothold and wreaked havoc on Muslims and Christians alike.
