The leader of the Roman Catholic Church met with a group of Jesuits from Mozambique, Portugal, and Zimbabwe in early September to discuss political and religious issues. The conversation occurred on September 5, but a transcript of the discussion was
Mozambique
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Indictment Alleges Former Credit Suisse Bankers Conspired to Circumvent the Bank’s Internal Controls in $2 Billion International Corruption and Money Laundering Scheme
Former Bankers Allegedly Concealed “Master of Kickbacks” from Internal Compliance Department
Sculpture on top of Credit Suisse headquarters in Zürich, Switzerland
A detailed indictment unsealed on January 3 in the Eastern District of New York alleges…
Parent company liability and human rights – new claims against mining company filed in the English courts
On 16 April, proceedings were issued in the English courts against Gemfields Limited, a London-based mining company, in relation to allegations of human rights abuses in connection with the activities of its subsidiary in the vicinity of the Montepuez ruby…
WHO urges 16 countries to join in fight against deadly outbreak
By Coral Beach
The World Health Organization is coordinating efforts among 16 African countries in an attempt to contain the world’s largest ever Listeria outbreak as officials in Namibia try to discern whether a sick person in that country contracted listeriosis from processed…
Embraer’s FCPA Deferred Prosecution Agreement and $205 Million Payment Demonstrate Need for Adequate Internal Controls
By Julie Bauman
Brazilian aircraft manufacturer Embraer SA (“Embraer”) will pay the United States government $205 million to settle allegations that the company violated the Foreign Corrupt Practices Act (“FCPA”) by paying millions in bribes and falsifying accounting…
How Mozambique Can Realize IMF’s Recent Predictions of Exponential Economic Growth
Early last month, the International Monetary Fund (IMF) caught the attention of investors when it issued a report predicting that Mozambique’s average economic growth rate between 2021-2025 could reach as high as 24 percent per annum and liquefied natural gas…
How Mozambique Can Realize IMF’s Recent Predictions of Exponential Economic Growth
Early last month, the International Monetary Fund (IMF) caught the attention of investors when it issued a report predicting that Mozambique’s average economic growth rate between 2021-2025 could reach as high as 24 percent per annum and liquefied natural gas…
The Mozambican Insolvency Law
Restructuring of companies in financial distress is on the increase globally. In line with this trend, Mozambican Insolvency Law (Decree law No 1/2013) provides greater protection to debtor companies in financial distress and gives them an opportunity to reorganise and…
Acquiring land rights in Mozambique
Direito do Uso e Aproveitamento da Terra (DUAT)
There is no private ownership of land in Mozambique. Land and its associated resources are the property of the State. The Land Law, however, grants private persons the right to use and…
Employment of expatriates in terms of Mozambican laws
As a general rule, the hiring of expatriates for petroleum and mining operations may follow one of the following regimes:
Communication (or Quota) regime
With reference to the total number of employees hired for fixed term or an indeterminate period…