Expats face insecurity as unrest devastates Mozambique economy

Loading player...
Mozambique is on a knife edge on the eve of the inauguration of President-elect, Frelimo’s Daniel Chapo. In this interview, Tertius Jacobs, Focus Group’s Head Analyst for Mozambique and East Africa, describes how the local economy has lost billions of meticals due to protests disrupting road networks, especially between Komatipoort, the Lebombo Border and the Maputo Port, while South Africa - which uses the N4 through Mozambique to the Maputo Port extensively for exports - are losing millions of rands daily. The “massive disruptions” have also devastated the tourist sector - and some travellers, who defied security alerts, have had to be relocated from “threatened locations” to safer areas. Meanwhile, expats are facing growing insecurity with some having suffered threats to their person and their assets. Jacobs says the protesting electorate has been “much more confrontational” than in previous elections. “We've had multiple reports of civilians or protesters overwhelming the security forces and even seizing their weapons.
14 Jan 11AM English South Africa Investing · Business News

Other recent episodes

Ian Cameron : The leadership collapse in SA’s broken police force…

In his latest interview with BizNews, Ian Cameron, the Chairperson of Parliament's Portfolio Committee on Police and the Democratic Alliance’s Police Spokesperson, talks to Chris Steyn about the Madlanga Commission and Parliament Ad Hoc Committee hearings and some of the key players, including former Police Minister Senzo Mchunu and suspended…
12 Nov 8AM 47 min

Martin Meyer: Mkhwanazi & Meyer in operation to reclaim hijacked havens for hitmen

In his latest interview with BizNews, KZN Public Works and Infrastructure MEC Martin Meyer gives Chris Steyn an update on major developments in his department. He confirms talks with KZN Provincial Police Commissioner General Nhlanhla Mkhwanazi on a strategy to reclaim 300 hijacked houses and properties that have become havens…
12 Nov 6AM 7 min