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Companhia De Moçambique
The Mozambique Company ( Portuguese: ''Companhia de Moçambique'') was a royal company operating in Portuguese Mozambique that had the concession of the lands in the Portuguese colony corresponding to the present provinces of Manica and Sofala in central Mozambique. The company was established the 11 February 1891 with a capital stock of about 5 million dollars obtained from financiers from Germany, the United Kingdom and South Africa. Isaacman and Isaacman report that the firm was capitalised at 40,000 pounds, and that British and French capital quickly predominated. The concession was granted for a period of 50 years, during which the company could not only exploit the resources and existing manpower (partly through the ''chibalo'' system of forced labour) but also grant subconcessions. The company was granted the exclusive right to collect taxes, but was itself granted a 25-year tax exemption. In return the Portuguese state would receive 7.5% of the company's profits and 10 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Portuguese Mozambique
Portuguese Mozambique ( pt, Moçambique) or Portuguese East Africa (''África Oriental Portuguesa'') were the common terms by which Mozambique was designated during the period in which it was a Portuguese Empire, Portuguese colony. Portuguese Mozambique originally constituted a string of Portuguese possessions along the south-east African coast, and later became a unified colony, which now forms the Republic of Mozambique. Portuguese trading settlements—and later, colonies—were formed along the coast and into the Zambezi basin from 1498 when Vasco da Gama first reached the Mozambican coast. Lourenço Marques (explorer), Lourenço Marques explored the area that is now Maputo Bay in 1544. The Portuguese increased efforts for occupying the interior of the colony after the Scramble for Africa, and secured political control over most of its territory in 1918, facing the resistance of Africans during the process. Some territories in Mozambique were handed over in the late 19th cent ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |