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Foreign Firm ENI to Pay Mozambique U.S. $400 Million

AFRICANGLOBE - The Italian energy company ENI has agreed to pay 400 million US dollars in capital gains tax to the Mozambican authorities. The tax agreement was announced on Tuesday when the ENI Chief Executive Officer, Paulo Scaroni, met Mozambican President Armando Guebuza in Changara district in the western province of Tete.

Southern Africa Sending Standby Force to Eastern Congo

AFRICANGLOBE - The Southern African Development Community (SADC) has decided to activate its stand-by force and dispatch it to the troubled eastern region of...
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