Kreston Mozambique
April 11, 2024
April 11, 2024
March 2, 2023
Peschaud International specialises in oilfield logistics services in extreme conditions and environments (rivers, lagoons, deserts, swamps). Specialising in rig moves since 1956, Peschaud International is providing its added value in all regions where climatic or geographic conditions make prospecting particularly difficult to operate. The company aims to provide all-inclusive solutions, including a qualified workforce and specialized equipment to resolve all transport, lifting, handling and lodging matters in remote areas.
Peschaud has operated for over 70 years in African countries such as Gabon, Yemen, Madagascar, Sudan, and other difficult areas such as Chad, Congo, Myanmar, Tanzania, and also in the U.A.E. Peschaud owns a large fleet of floating equipment such as crew boats, landing crafts, barges, and a large fleet of onshore logistics equipment across the African continent. Most recently, Peschaud International created a Maritime entity specialising in offshore solutions and has acquired a shipyard in South Africa “Via Maris” where vessels are being internally designed, built and operated.
Kreston provides audit services for Peschaud through our French firm, Kreston Groupe Conseil Union, in Paris, led by Ali Smaili, and for its two subsidiaries in Mozambique which also require statutory auditing of their Financial Statements. Kreston Mozambique was invited to submit a proposal to audit the two subsidiaries – Peschaud Mozambique and Sociedade Moçambina de Cabotagem “SMC vi” our French firm, which was successful – we now also handle their corporate tax matters.
Learn more about doing business in France or Mozambique.
July 10, 2021
The Lonrho Machinery Group specialises in selling capital investment goods and after markets services in eight countries through the LonAgro brand. LonAgro are the official dealer and service agents for several international machinery brands in; Angola, Burundi, Malawi, Mozambique, Rwanda, South Sudan and Tanzania, together with a joint venture in Ethiopia.
Our key brands are John Deere and BELL and our focus is on providing world class machinery and after market support to the agriculture, construction, forestry and mining sectors.
LonAgro Mozambique wanted to increase its share capital and instructed Kreston Mozambique to assist them on this. Led by Dev Pydannah, Kreston Mozambique set up close monitoring with the relevant authorities for the registration of share capital increase which was achieved successfully.
Kreston Mozambique is auditor for LonAgro Mozambique and LonAgro Angola, as well as being auditors for Lonrho’s IT solutions subsidiary Bytes & Pieces Lda. We also advise them on income tax assessment and general tax matters.
Edmundo Chau Finance Manager of LonAgro Mozambique, said: “Kreston have been our advisors for 4 years now and we couldn’t be happier and more confident about our decisions on legal, tax and accounting matters. Their expertise and experience have been invaluable to our growth in the last years and give us peace of mind that we continue making the best decisions for our business.”
Dev Pydannah at Kreston Mozambique commented: “We have a strong relationship with Lonrho and were ideally placed to help them on this matter. This successful outcome demonstrates the strength and reach of the Kreston Global network, and we look forward to helping them further in the future.”
July 8, 2021
June 22, 2021
March 31, 2021
Our Mozambique firm, Kreston Mozambique, has been busy using the Kreston network to its advantage with many new client successes.
Kreston Mozambique recently won a very successful three-year contract by utilising the Kreston network leveraging off the international network and working with two other Kreston firms based in Uganda and Myanmar.
They also won a proposal for a business valuation project working with Kreston South Africa to complete the work together. The client was “extremely happy with the high standard of professional relations and services that Kreston provided.”
We pride ourselves on the quality of work that all our Kreston members around the world deliver.