Mozambique’s ruling party said it picked Defense Minister Filipe Nyussi as its presidential nominee for October elections, choosing the favorite of a faction supported by outgoing President Armando Guebuza.
Mozambique’s ruling party appeared set to pick a compromise candidate as its presidential nominee in a bid to unify factions that support former Prime Minister Luisa Diogo and ex-Defense Minister Filipe Nyussi.
Eskom Holdings SOC Ltd., the utility that supplies 95 percent of South Africa’s electricity, ended emergency measures to cut power consumption after some of its generating capacity came back online after maintenance.
Co. to fund 99% acquisition through cash payment of 825m shillings, issue of new shares worth 550m shillings, Nairobi-based British-American Investments Co. says in statement in Daily Nation newspaper. * Co. has units in Tanzania, Malawi, Mozambique