Renamo A Sore Loser

Opposition party Renamo has refused to accept the result of the Presidential and Parliamentary elections that were held on October 27, in which incumbent President Armando Guebuza secured re-election. However, the Constitutional Council claimed that Renamo had not provided sufficient evidence to support its claims that electoral fraud had taken place. Given the strong mandate secured by Guebuza (around 75% of the vote), and the business friendly nature of the administration, we see little risk that Renamo's claims will pose a threat to the political stability of the current administration or to ongoing economic reforms.

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