Mozambique’s government plans to set up a sovereign investment fund where taxes paid on sales of the country’s minerals will be used to finance development projects.
Zambian authorities have arrested three Chinese nationals and two locals found carrying rhino horn at the border with Mozambique.
Zambian authorities on Sunday said they had arrested three Chinese nationals and two locals found carrying pieces of rhino horn at the border with Mozambique.
Several dignitaries have arrived for the memorial and funeral service of former Botswana President Sir Ketumile Masire.
Mozambique did not adequately show where at least $500 million out of $2 billion in loans meant for state companies was allocated.