Mozambique: Lam to Lay Off 80 Staff

Maputo — The Mozambican Minister of Transport and Logistics, João Matlombe, announced on Thursday that Mozambique Airlines (LAM) will lay off 80 employees considered surplus to requirements, as part of its restructuring.

Over the last 10 years, LAM, has been shaken by a financial crisis involving corruption practiced by the company’s workers during the acquisition of services. The company has recorded debts with suppliers, valued at over 230 million dollars as a result of embezzlement.

Over the…