News
Illegal oilseed exports cost Mozambique "5. 7 million over three years - Watch
1+ hour, 19+ min ago (318+ words) Mozambique has lost around 430 million meticais (5. 7 million) over the past three years due to the illegal export of oilseeds, official sources report, estimating that up to 35% of production is diverted outside formal channels. "The oilseed sector has significant economic weight,…...
Mozambique: Tobacco consumption causes annual economic losses of 11. 7 billion meticais " 1. 3% of GDP
2+ hour, 1+ min ago (173+ words) Mozambique records annual economic losses estimated at 11. 7 billion meticais (156 million), equivalent to 1. 3% of Gross Domestic Product (GDP), as a result of tobacco consumption, according to the government. The government, through the Minister of Justice, Constitutional and Religious Affairs, today defended…...
Mozambique launches Tourism Master Plan
2+ hour, 24+ min ago (272+ words) The Mozambican government on Wednesday launched the National Tourism Master Plan, which is aimed at improving the business environment and making the country more attractive to private investment. According to Fredson Bacar, Secretary of State for Tourism, speaking during the…...
Liquidating Mozambique's debt to IMF: A courageous decision, signal of macroeconomic responsibility " Chapo
1+ hour, 38+ min ago (453+ words) The president of Frelimo, Daniel Chapo, today described the decision to fully and early repay Mozambique's "630 million debt to the International Monetary Fund (IMF) as "courageous," emphasising that it demonstrates the country's "responsibility." Speaking at the opening of the fifth…...
Mozambique hosts Wildlife Economy Conference
4+ hour, 42+ min ago (201+ words) The Wildlife Economy Conference opened yesterday in Maputo, described as a decisive moment to rethink the role of conservation areas in the country's development. The opening session was led by the Minister of Agriculture, Environment and Fisheries, Roberto Mito Albino,…...
Mozambique advances draft excise tax and customs clearance regulations
5+ hour, 1+ min ago (257+ words) The Ministry of Finance held a meeting in Maputo to socialise and harmonise draft decrees aimed at revising the regulations governing the Specific Consumption Tax (Imposto sobre Consumos Espec'ficos " ICE), or excise tax, and the General Customs Clearance Rules. The…...
South Africa to reform immigration, citizenship, refugee laws
6+ hour, 47+ min ago (294+ words) South Africa will implement wide-ranging reforms to its immigration, citizenship and refugee protection system in line with national security and economic priorities, the Department of Home Affairs said Wednesday. The Cabinet last week approved a revised White Paper on Citizenship,…...
Gala for the Mozambican Woman | Paulo Flores in concert " Mozambique
5+ hour, 46+ min ago (140+ words) Date and time: April 11th | 20: 00 Location: Centro de Confer'ncias Joaquim Chissano "Av. Marginal, n" 4441, Maputo, Mo'ambique. Description: Gala for the Mozambican Woman | Paulo Flores in concert Maputo is preparing for a night of unparalleled glamour and artistic excellence. This Saturday, April…...
British American Tobacco brings back former executive Constantinescu as CFO
6+ hour, 10+ min ago (159+ words) British American Tobacco on Thursday appointed Dragos Constantinescu "as its chief financial officer, bringing "back a former executive who had spent 16 years at the tobacco giant before moving "to Asahi Breweries. Constantinescu, currently the chief "of Asahi Europe & International, will…...
Trafigura signs gold offtake pact and provides debt financing for Ghana mine
6+ hour, 17+ min ago (109+ words) Trafigura said on Thursday it signed an offtake deal with Heath Goldfields Ltd, a Ghanaian-owned gold mining company, to buy 700, 000 ounces of gold dor" from the Bogoso-Prestea mine in western Ghana. .. . Trafigura signs gold offtake pact and provides debt financing…...