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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

election unrest

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Africa

South32 Halts Forecast for Mozal Aluminium Amid Mozambique Unrest

Australian firm South32 has withdrawn its production forecast for the Mozal Aluminium smelter in Mozambique, citing escalating violence following disputed October election results according to CNBCAfrica. The unrest has led to road blockages, disrupting the delivery of raw materials to the plant, where South32 holds a 63.7% stake. Protests by opposition supporters have fueled the instability.

todayDecember 11, 2024 11

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Africa

Mozambique’s Dollar Bond Drops Amid Election Dispute Unrest

Mozambique's dollar bond declined for a third consecutive day as unrest over disputed election results intensified. The country's eurobond, CNBCAfrica indicates, maturing in 2031, fell by 0.58 cents, with total losses surpassing two cents since Friday. Opposition candidates claim the October 9 election was rigged, with final results expected this week.

todayOctober 24, 2024 6

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