Friday, August 7, 2009

The first Ferrari in Mozambique hits the smoother streets of Maputo

In mid-July 2009, the first Ferrari imported into Mozambique was seen crusing the smoother streets of the capital.

Belonging to members of the family behind the MBS group, the brand-new F430 Ferrari, parked alongside a freshly delivered Audi R8, brought traffic to a standstill in central Maputo.

How well is the trickle-down theory of economic growth working for one of the poorest countries in Africa?

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