Mozambique

January 5, 2019

Former Credit Suisse bankers arrested in London over $2bn loans to Mozambique

Jubilee Debt Campaign says there has been a shocking lack of action by UK authorities.
January 4, 2019

Former Mozambique Finance Minister arrested in relation to $2bn secret loans

The UK’s Financial Conduct Authority dropped its criminal investigation into the case in November 2018.
September 18, 2018

Vietnamese crime gangs 'mounting threat to endangered wildlife'

An undercover investigation has revealed Vietnamese criminal syndicates present a fast-growing threat to endangered wildlife.
March 29, 2018

Chinese mining operation 'threatens to wipe out coastal village' in Mozambique

A Chinese mining operation in Mozambique has put a coastal village at risk of being washed into the Indian Ocean, Amnesty International has revealed.
March 20, 2018

MPs criticise secret lenders ahead of Mozambique debt talks in London

Today the Mozambique government will meet private creditors in London to discuss debt restructuring proposals on allegedly 'secret loans'.
January 13, 2018

No justice for abuses before ceasefire in Mozambique, says Human Rights Watch

Mozambique’s government has failed to hold anyone to account for serious abuses by both state security forces and the opposition Renamo in the year prior to a December 2016 ceasefire, Human Rights Watch says in a new report.
September 20, 2017

Calls for UK to take responsibility for role in Mozambique debt crisis

The UK Secretary of State for International Trade, Liam Fox, is visiting Mozambique this week. The country is in a debt crisis after Mozambican officials borrowed $2 billion from the branches of two London based banks, Credit Suisse and VTB Capital, in 2013.
July 5, 2017

Audit raises questions over $2 billion loans to Mozambique

A summary of the independent audit into the secret loans to Mozambique has been released by US company Kroll. While information is still lacking in many areas, it offers a strong critique of the deals, providing further evidence of why the Mozambique people should not have to make one dollar of debt payments, says Jubilee Debt Campaign.
March 24, 2017

Mozambican campaigners demand cancellation of secret debt

Campaigners in Mozambique have called for secret debts to be cancelled before the IMF lends to the country again, alongside a range of measures including public disclosure of the audit into the debts, mechanisms to hold leaders accountable for actions and greater tax collection from megaprojects in the country.
May 22, 2012

Debt threat returns to global south

Startling new research has found that debt burdens in impoverished countries have increased significantly since the debt cancellation of the 2000s.