Attacks in Cabo Delgado threaten Mozambique mining revenues; Would-be Tongaat Hulett buyer takes over as Agriterra CEO

Welcome to Zitamar’s daily Mozambique briefing for 14 July 2022

Agenda:

• Today: President Filipe Nyusi took part in summit of Southern African Development Community’s troika (Democratic Republic of Congo, Malawi and Mozambique), which extended the mission of the community’s military mission to Mozambique beyond July 2022

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The latest from Zitamar News:

Would-be Tongaat Hulett buyer takes over as Agriterra CEO
Zimbabwean businessman Hamish Rudland is stepping in to steer Agriterra, the Mozambican business where he is the biggest shareholder, after a failed attempt to take over sugar producer Tongaat Hulett

Attacks in Cabo Delgado threaten Mozambique mining revenues
As many as 61 mining projects could be forced to stop by the insurgency's expansion to southern Cabo Delgado, putting state revenue forecasts at risk

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Also in the news:

• Insurgents behead two people in Ancuabe (Lusa, Pinnacle News)

• Threat of violence wipes out Maputo traffic (Carta de Moçambique)

• Satellite internet provider to start operating in October (Noticías)

• Trial looms for police charged with attempted kidnapping (Lusa)