Public mural by Naguib Elias Abdula
05 December, 2016      00:21 GMT +2 Maputo
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2016 / 12 / 02
Mozambique approves law requiring wood to be processed in the country
Mozambique’s Parliament on Thursday approved a law prohibiting the export of timber logs and establishing a value added tax, which varies depending on the level of processing carried out in the country, state news agency AIM reported. One of the articles in the law specifies that the processed wo...
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2016 / 12 / 02
The negotiation process with the companies that were awarded the 5th international tender for oil and gas research areas in Mozambique is expected to be completed within three to four months, announced in Maputo the Minister of Mineral Resources and Energy, Leticia Klemens. The minister was speakin...
2016 / 12 / 02
The International Monetary Fund (IMF) mission led by Michel Lazare has been in Maputo since Thursday, where it will remain until 12 December for talks with the government of Mozambique to set up a new aid programme. The talks the IMF mission will have with the Mozambican authorities should continue...
2016 / 12 / 01
The new Customs Tariff of Mozambique was approved on Wednesday at the country’s National Assembly and is intended to provide incentives to various sectors of the economy, including agriculture and livestock, said the Minister for the Economy and Finance. Minister Adriano Maleiane gave the agricul...
Mozambican parliament approves new customs tariffs
2016 / 12 / 01
The government of Mozambique will create a tourism tax under a legislative authorisation granted by parliament, which was approved by a simple majority, according to Mozambican state news agency AIM. The Minister of Culture and Tourism, Silva Dunduro, presenting the proposal, said the rate will be on the total price of accommodation and will be charged at the time of payment for lodging. The proposed legislative authorisation law seeks, in essence, to allow the government to implement a tourist tax and legislate for its collection and application, the minister said. (macauhub)
2016 / 11 / 30
The board of directors appointed by the Bank of Mozambique to Moza Banco intends to replace the bank’s capital as soon as possible, said its chairman João Figueiredo, cited by Mozambican daily newspaper Notícias. Figueiredo was speaking in Maputo at the opening of four new business units in the...
Crisis at Mozambican bank Moza expected to be resolved soon