POLITICS & POWER/BEHIND CLOSED DOORS
Already a shareholder in the firm MJ3 Lagoas Lda (ION 1169) along with her parents, her two brothers and her sister Rosa, former President Joaquim Chissano second daughter, Martina Chissano has created a company along with three partners. To be sure, Martina Chissano is one of the four shareholders, each with 25% of the equity, in the firm Archi & Focus Associados Lda, created in the second half of last year. Her three partners are Jaime de Jesus Urachande Gouveia, Anselmo Lourenço Cani (who has studied architecture) and Samuel Nuro dos Santos. This firm will be based in Maputo and has declared its main area of activity as being all areas related to civil construction, including architecture and town management projects, import-export of construction material and civil engineering.
Indian Ocean Letter - 08.04.2006
Chissano's family companies
Former President Chissano has created two companies in Maputo; one with wife and four children and the other with his two brothers.
Joaquim Chissano, the former President of Mozambique is conscientiously going into business and has founded two companies with members of his family. Hence it was that he founded the firm MJ3 Lagoas Lda with a capital of 25 million meticals ($1000), with his wife Marcelina, and their four children. The Presidential couple hold 27% each and the four children, two boys Nyimpine and Nnaite and the two girls Martina and Rosa, hold the remainder, 11.5% each. MJ3 Lagoas is based in Maputo and its activity is declared as agriculture, livestock farming, industry and trade.
The second firm Joaquim Chissano has just set up is called Nguni Enterprise (Nguni is the name of a local ethnic group). It has the structure of a limited liability company and was created along with his two brothers Henrique de Nascimento Chissano and Alberto José de Nascimento Chissano. Its declared aim is to buy into the equity of various companies, development and management of SMBs, consulting in various fields and easing of investment in Mozambique.
Indian Ocean Letter - 18.02.2006