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Abu Dhabi’s Privinvest sues Mozambique in debt scandal

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Abu Dhabi-based shipbuilder Privinvest said on Monday it had begun arbitration proceedings to claim compensation against three Mozambican state-owned companies at the centre of...

Privinvest and Simportex to supply vessels to Angolan Navy

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The Angolan Navy is set to receive a range of vessels from the Privinvest shipbuilding group, which will, in collaboration with Simportex,...

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Check before you speak, Minister!

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South African Defence and Military Veterans Minister Nosiviwe Mapisa-Nqakula needs to verify her facts before she speaks, or risk further embarrassment to the South...