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Southern Africa

Jailed ex-Mozambican finance minister drops South Africa bail plan

Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. PHOTO BY REUTERS/Shafiek Tassiem
Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. PHOTO BY REUTERS/Shafiek Tassiem
18/01/2019

JOHANNESBURG (Reuters) - Former Mozambican finance minister Manuel Chang, arrested in South Africa in a case related to $2 billion of fraudulent loans, has abandoned plans to apply for bail, one of his lawyers said on Friday.

Sex trafficking that starts in South America largely stays there

People gather in a public square that has become an informal camp for several hundred undocumented Venezuelan migrants in Bucaramanga, Colombia August 27, 2018. The migrants sleep on cardboard, under open garbage bins, or in donated tents. PHOTO BY REUTERS/Carlos Garcia Rawlins
People gather in a public square that has become an informal camp for several hundred undocumented Venezuelan migrants in Bucaramanga, Colombia August 27, 2018. The migrants sleep on cardboard, under open garbage bins, or in donated tents. PHOTO BY REUTERS/Carlos Garcia Rawlins
By Anastasia Moloney
16/01/2019

BOGOTA (Thomson Reuters Foundation) - Women and girls in South America are more likely to become victims of sex trafficking inside their own or neighbouring countries than to be trafficked across continents, officials said on Tuesday, urging cooperation among regional governments.

South African court finds Mozambican ex-finance minister's detention legal

Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. PHOTO BY REUTERS/Shafiek Tassiem
Mozambique's former finance minister Manuel Chang appears in court during an extradition hearing in Johannesburg, South Africa, January 8, 2019. PHOTO BY REUTERS/Shafiek Tassiem
09/01/2019

JOHANNESBURG (Reuters) - A South African judge ruled on Wednesday that the detention of Mozambique's former finance minister Manuel Chang over $2 billion of fraudulent loans was legal.

Mozambique indicts 18 people in connection with $2 billion loan scheme

08/01/2019

MAPUTO (Reuters) - Mozambique has indicted 18 citizens for their involvement in fraud involving $2 billion in loans to state-owned companies, the attorney general's office (AGO) said on Monday, in a scandal that has ensnared two major international banks.

Ex-Credit Suisse bankers arrested on U.S. charges over Mozambique loans

he Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. PHOTO BY REUTERS/Denis Balibouse
he Credit Suisse logo is pictured on a bank in Geneva, Switzerland, October 17, 2017. PHOTO BY REUTERS/Denis Balibouse
By Brendan Pierson
04/01/2019

NEW YORK (Reuters) - Three former Credit Suisse Group AG bankers were arrested in London on Thursday on U.S. charges of involvement in a fraud involving $2 billion in loans to state-owned companies in Mozambique, U.S. prosecutors said.

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