African airlines struggle for profit amid global aviation boom
Despite a record-breaking year for global air travel, African airlines remain the least profitable worldwide, earning a collective net profit of just $200 million in […]
Mozambique
Mozambique Targets Economic Reboot with Bold Deregulation Drive
Mozambique has taken a significant step toward economic revitalization by scrapping prior licensing and inspection requirements for more than 80 business activities. The reform, unveiled […]
Mozambique Projects Growth in Ruby Output Amid Mining Sector Resurgence
Mozambique projects a 5% increase in ruby production in 2025, expecting to extract over 4.1 million carats. This follows a dramatic 46% surge in 2024, […]
Mozambique’s Soaring Debt Poses Mounting Fiscal Risks Despite External Relief
Mozambique’s public debt ballooned by 26.2% over five years, reaching a record US$16.2 billion at the close of 2024, according to a newly released report […]
Mozambique Positions Itself as Regional Energy Hub with Landmark Deals
Mozambique has taken on May 8 a strategic leap toward solidifying its role as a pivotal energy player in Southern Africa by signing two landmark […]
Malawi and U.S. Dismantle Drug Syndicate with Alleged Ties to Mexican Cartel
In a coordinated security sweep described as both decisive and unprecedented, the Malawian Government, in collaboration with United States intelligence, has arrested seven individuals suspected […]
Mozambique’s Health Sector Faces Crisis as Nationwide Strike Enters Full Shutdown Phase
Mozambique’s public health system is bracing for major disruption as the Association of United Mozambican Health Professionals (APSUSM) escalates its nationwide strike to a full […]
Final Rebel Camps Seized as Mozambique Declares Insurgency Over in Cabo Delgado
The Mozambican government has announced on Thursday, April 24 that the last insurgent training camps in the northern province of Cabo Delgado have been seized, […]
Mozambique Grapples with Soaring Corruption Losses in Early 2025
Corruption continues to exact a heavy toll on Mozambique’s public coffers, with over 258 million meticais lost in just the first quarter of 2025, according […]
Botswana Signs Agreement to Establish SADC Parliament
Botswana’s President, Duma Boko, on Wednesday March 26 signed an agreement amending the Southern African Development Community (SADC) Treaty to establish the SADC Parliament as […]