Mozambique: January's international reserves at lowest level in six months
Just In: South Africa partially reopens Mozambique border after unrest – Bloomberg
9:02 CAT | 14 Nov 2024
File photo: SABC
South Africa started allowing some movement at its main border with Mozambique on Thursday morning, after protests prompted a suspension the day before.
The resumption of crossings excludes cargo, said Trans African Concessions, which operates the highway connecting South Africa’s industrial heartland with the Maputo port, Mozambique’s biggest. South Africa is the world’s biggest producer of chrome – a key ingredient in the manufacture of stainless steel – and about half of its production is exported via Maputo.
#TRACN4route#Update at 07:00. #GOODNEWS: BMA PARTIALLY REOPENS LEBOMBO port of entry allowing movement excluding Cargo #Mozambique#Maputo#RessanoGarcia
— TRAC N4 Toll Route (@TRACN4route) November 14, 2024
Mozambique has been wracked by the worst election unrest since the end of its 16-year civil war in 1002, after opposition leader Venâncio Mondlane claimed victory in an Oct. 9 election that official results showed the ruling party win by a landslide.
By Mathew Hill
Source: Bloomberg
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