Nyusi family businesses doubled in last term, NGO reveals

Empresas da família Nyusi duplicaram no último mandato, revela ONG

The number of companies owned by members of the family of the President of the Republic, Filipe Nyusi, doubled during his last term in office, the Center for Public Integrity (CIP) revealed today.

According to a CIP publication, the number of companies owned by PR's family members rose from 14 in 2019 to 29 in 2024. Prior to his election as PR in October 2014, the family had five companies registered with their participation.

"Most of the companies registered by members of the presidential family from 2020 to 2024 are limited companies, which means there is an intention to hide the identity of the shareholders," he notes.

In addition, the civil society organization believes that there may be more companies registered by members of the presidential family whose identification is difficult due to the nature of public limited companies that hide the identity of shareholders.

Most of the companies in this cycle of governance are registered in the name of the First Lady, Isaura Nyusi, and the couple's firstborn, Jacinto Ferrão Filipe Nyusi. "Personally, Filipe Jacinto Nyusi has no direct participation in family companies," but he doesn't rule out six business interests given his political position.

"From the mapping carried out, it was not possible to find companies registered in the name of the President of the Republic in the last five years, at least in the official documents," says CIP.

Many of the Nyusi family's companies have no evidence of starting up. A significant proportion don't even operate from the addresses indicated in the official registration documents of legal entities. One of the companies with evidence of starting up is not registered with the National Social Security Institute (INSS). Another registered 15 (fifteen) days after the deadline set by the Compulsory Social Security Regulations and pays a derisory social contribution, which shows that it only has one worker. Those who registered within the legally established deadline have been making regular payments, but with a history of issuing pay slips out of time, noted the CIP.

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