Unemployment to rise

Thousands of workers in Mozambique’s cashew processing industry are facing unemployment with the sixth and last of the country’s major processing factories threatened with closure, ‘Chanel Africa’ reported on Wednesday. The report said that the Mocita factory in Xai-Xai was due to close at the end of the month because of a lack of capital. The factory, owned by the South African corporation Anglo-American, resumed activities in 1996 after a US $10 million capital injection.


This article was produced by IRIN News while it was part of the United Nations Office for the Coordination of Humanitarian Affairs. Please send queries on copyright or liability to the UN. For more information: https://shop.un.org/rights-permissions

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