The long-running saga of Mozambique’s catastrophic “tuna bonds” scandal has entered a new and decisive chapter. Swiss prosecutors announced on December 1 that Credit Suisse-now absorbed into UBS Group ...

- The logo of Swiss bank UBS is fixed on a building where the bank has offices in Frankfurt, Germany, Nov. 8, 2022.

The case centers on 2016 transfers and alleged organizational deficiencies in Credit Suisse’s anti-money-laundering controls.

Swiss prosecutors charged Credit Suisse with failing to prevent suspected money laundering of suspicious service fees linked ...

Swiss prosecutors charged Credit Suisse with failing to prevent money laundering linked to loans the lender provided to Mozambique to build a fishing fleet in w ...

Ultra-high-end retreats and untouched natural beauty are drawing elite travellers to this east coast African nation – here’s ...

This is how Italy's flag-carrier, ITA Airways, sets up and operates the plane that carries the pope, often dubbed "Shepherd ...

The Maputo Port Development Company (MPDC). which operates the port of Maputo, has categorically denied a story circulating on social media, claiming that the port is being used to supply lethal ...

Mozambique stands alone in the world for one striking and symbolic reason: it is the only country with an AK-47 rifle ...

Musty salt air crept at dusk over northern Mozambique’s coast as seven armed and uniformed men marched into the fishing community last month, demanding the keys to the mosque.

Mozambique, for its part, fought hard but failed to qualify for the World Cup. In Group G, the national team finished in third place with 18 points, tied with Uganda, and seven points behind Algeria, ...

The decision by TotalEnergies to lift the force majeure on its Mozambique liquified natural gas (LNG) project marks the long-awaited restart of gas operations in Cabo Delgado. But the project’s ...