Mozambique boasts giant coal, ruby and gas deposits but one of the southeast African nation’s biggest exports may be something a lot more sinister: heroin. As much as $800m worth of the narcotic is shipped annually from its beaches to neighbouring countries and to Europe. That is according to a research paper by Enact, an EU-funded initiative to mitigate the impact of transnational organised crime, and a related working paper by Joseph Hanlon, visiting senior fellow at the London School of Economics and Political Science. "Mozambique is a significant heroin transit centre and the trade has increased to 40 tonnes or more per year, making it a major export which contributes up to $100m per year to the local economy," Hanlon said. "With an export value of $20m per tonne, heroin is probably the country’s largest or second-largest export after coal." The value of Mozambique’s coal exports more than doubled to $1.7bn last year, as production and prices rose, according to data from the cen...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.