|Mozambique: The Business Interests of the Guebuza Family On Extractive Industry|
|Escrito por Luís Nhachote em 22 Outubro 2014|
With a total of 27,160 hectares of land registered in the miner cadaster, the Guebuza family, through Intelec Holdigs and Tata Moçambique, holds seven licenses for prospecting and mining research.
Intelec Holdings: the guardian of the interests
The Intelec Holdings, incorporated by deed of November 14, 1998, having changed its name in April 10, 2003, is the parent company of a group of Mozambican companies, with strong participation of the national private capital and a turnover of 644 million meticais in 2008. Regularly it participates in the ranking of the 100 larger companies of Mozambique.
This institution, as manager of social participations, in around 2003, when it took this assignment, had in its corporate base the following participations: the Aberdare Intelec, the Electrotec, the SINERGISA, Sarl, the ENMO and the Intelec Lites and in two business areas, namely energy (generation, industry and electrical constructions) and advertising, having evolved into a situation of 15 stakes in eight business areas, in 2008, notably energy, advertising, hospitality and tourism, telecommunications, mining, cement, consulting and finance.
The Intelec Holdings has as its main business areas the energy sector, the strategic development of the country, and the second area in volume of business among the 100 largest companies nationwide. By Intelec Holdigs, one of the main Guebuza's interests of business managers arms, has under its purview six licenses for the effect.
The Chairman of the Board of Directors (PCA) of this holding is Salimo Abdula, the front man of President Guebuza and, during two consecutive terms, he was President of the Confederation of Economic Associations (CTA), from where nuclear business in national economy gravitate. By Tata Holdings, parent company of Tata Mozambique, in which Armando Guebuza is a shareholder, holds only one license.
Connections and family links
Through the Intelec Holdings, linked to Shree Cement Limited, they created the ECM-Elephant Cement Mozambique, Limited, which is dedicated to "mining of limestone and other minerals". With these connections, the Intelec Holdings took 15% of the Elephant Cement, What made him partner of Indian cement maker Shree Cement, which holds the remaining shares. Valentina Guebuza, one of the daughters of the President Armando Guebuza, constituted the Servicon, limited, in 2008, which has as its object the mining activities.
Another Guebuza's son, Ndambi Armando Guebuza, created the Intelec B.A.C.-Business Advisory & Consulting, Limited, which is linked to Intelec Holdigs, and for this Association he also, has interests in the sector. Are partners of the Guebuza's son Tánia Roman Manalo, a Mozambican residen t in Cape Town that serves this arm of Intelec, as Executive Director, who holds a stake of 35 percent and, according to the statutes of the same, she is the Executive Director.
Tánia Matsinhe has served as Adviser of the Minister of planning and development and took seat in the Governing Board of South African airline 1Time. Another partner of the President's son in this endeavor of the extractive industry is Catarina Dimande, married with Namoto Chipande, one of the general Alberto Chipande's son, also with various interests in the same sector as we will give account in that.
Prospecting and research licenses
The licenses held by President Guebuza are located, two in Cheringoma, and were allocated in 2007, one expires in July and another in August of the current year, in areas corresponding to 1,020 and 1,840 hectares respectively. Has two in Inhassoro, Inhambane, both allocated in 2007, which expire in July and August, in areas of 9,800 and 1,480, hectares respectively. Guebuza is holder of another in Magude, also attributed in 2007, in an area of 2,880 hectares, whose license expires in July of this year.
The last license from Intelec holdings was attributed in 2010, in Magoe, Zumbo in Tete province, in an area of 9,520 hectares and expires in January 2016. By Tata Holdings, the only public license owned is in operation in the District of Mutarara in Tete and was assigned in 2004 expiring in 2013, in an area of 20,460 hectares. The representative of the Tata Africa Holdings is Raman Dhawan, of Indian origin, but this company, with participation in 11 countries, also has interests in the field of extractive industry in Mozambique.
Panjane and prospect on the horizon
In Panjane, administrative post, which is thirty-nine kilometres from the Magude village, does not exist, since the granting of the license that expired in July last year, no prospect and no mineral research of any kind. The local authorities, at the headquarters of the district, were amazed with the proper grant identified by @Verdade, whose administrative procedures believe to be known only in the seat of the mining cadaster and, or the Government of the province of Maputo.
Thousands of local residents, who have the agriculture and cattle breeding as subsistence activities, in the case of proper area begin to be used, must be resettled. The license that the Intelec requested with a view to its prospecting and research may, if the State that still has one of the members in it, be renewed soon.