Mozambique Unrest Tesla Supplier Shuts, Ab Inbev Beer Factory Raided And Sa Exports Disrupted

Mozambique's economy is buckling as weeks of intensifying election protests evolve into a revolt that's increasingly being felt beyond the borders of the southern African nation.

The unrest prompted Tesla supplier Syrah Resources to declare force majeure, while hitting output at sub-Saharan Africa's biggest aluminum smelter and disrupting South Africa's chrome exports. It's causing domestic economic wreckage, with Standard Bank predicting the first quarterly economic contraction since 2020.

There is no sign of tensions cooling, with fears of further delays to a 20 billion R360 billion natural gas export plan led by TotalEnergies.

Venncio Mondlane, the charismatic opposition leader commanding the demonstrations via livestream, plans to announce a fresh round of protests on Dec. 16. Scores of people have been killed by security forces.