analysis An investigation conducted by the Berne Declaration (BD) has revealed how Philia, a Swiss trading company, has been profiting at the expense of the Congo (Brazzaville) oil refinery, Coraf. Coraf is managed by the President’s son, Denis Christel Sassou Nguesso, who is a close friend of Philia’s sole shareholder, Jean-Philippe Amvame Ndong. The case […]
Tag Archives: Trading
By Kizito Sikuka Construction of a new power transmission line linking Mozambique, South Africa and Zimbabwe is expected to improve connectivity and electricity trading in southern Africa. Commonly referred to as the Mozambique-Zimbabwe-South Africa (MoZiSa) Transmission Project, the venture involves the three countries who are all linked to the regional grid. All the power utilities […]
