Mozambique: Attacks will not impact regular flow of tourism – consultancies

Login

Register

http://www.clubofmozambique.com/

Mozambique: Attacks will not impact regular flow of tourism – consultancies

9:59 CAT | 19 Sep 2018

File photo

Global risk management consultancies AON and Continuum Economics said the recent attacks in northern Mozambique would not impact the regular flow of tourism but warned there could be a risk of violence.

“We see some risk of violence as the recent Islamic movement places the northern province at risk, but we don’t see a real threat to the regular flow of tourism,” the analysts wrote in a report on sub-Saharan Africa sent to clients, which Lusa had access to.

“Mozambique recently approved an electoral reform as part of its peace negotiations with the opposition,” the analysts also said in the statement, adding that “the general elections in October 2019 could have significant implications for the peace and stability of the country.”

On a positive note, the analysts pointed out that there would be a rise in the price of raw materials, namely oil – which will see a barrel being worth $70 by the end of the year and will “help stabilise several economic indicators in the region, from the trade balance deficit to the exchange rates and external reserves.”

The coastal area of Cabo Delgado has been subject to attacks since October 2017. While the groups have never made their intentions known, experts claim the violence could be linked to trafficking networks in heroin, ivory, rubies, and wood.

According to Human Rights Watch published in June this year, attacks by armed groups have killed at least 39 people and displaced more than 1,000 since May 2018.

The attacks come as Mozambique moves closer to becoming a major player on the growing global market for liquefied natural gas.

Source: Lusa