The government and the Confederation of Economic Activities (CTA) are holding this Friday the VIII Business Environment Monitoring Council (CMAN), the highest body for managing and monitoring economic reforms to improve the business environment
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Mozambique may be admitted to the Kimberley Process in November
Mozambique hopes to be admitted to the Kimberley process - a mechanism that allows the legal exploration and sale of diamonds in the world - in a plenary session to be held in November, in Russia
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"Fiscal Policy Should Facilitate Development," Advocates the Ministry of Economy and Finance
The Ministry of Economy and Finance (MEF) argues that fiscal policy should facilitate development and not just focus on the contribution of private companies in the formal sector
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Export of gold and gems subject to certificate of origin as of this Friday
All exports of precious metals (gold) and gems produced in Mozambique will now be conditioned to the issuance of a certificate of origin, effective next Friday
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State loses more than 360 million per year to illegal gold mining
The Mozambican state loses 360 million meticais annually due to illegal trafficking and smuggling of mineral products, especially gold
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Pandora beats pre-pandemic results in jewelry rush
Pandora's comparable sales grew 7%, in the period between April and June this year, compared to the same period in 2019. According to the Danish jewelry brand, the results obtained in the second quarter of 2021, worldwide, exceeded the sales recorded in pre-Pandora. According to a publication on the portal "Executive Digest", the United States of...
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Vale wants responsible withdrawal from its operations in Mozambique
Brazilian mining company Vale assured the Mozambican government that "the company wants to exit Mozambique in a responsible way", leaving assets and workforce with competitive value
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DP World develops in Dubai a system that promises to speed up storage and transportation of containers
DP World, a Dubai-based port operator, has developed a time and space-saving innovation, reports 'CNN'
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Mozambican company promotes ruby auctions in India and Thailand
The mining company Fura Mining Mozambique launched this Monday the first auctions of rubies it is mining in the northern district of Montepuez, as part of two bids in India and Thailand, the Mozambican government announced
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"Private companies' profit rose in the second quarter of 2021."-CTA
The Business Strength Index Report, recently presented by the Confederation of Mozambican Economic Associations (CTA), indicates that, between Q1 and Q2 2021, the profit of the Mozambican business sector registered a slight improvement, from -753 MZN/Un to -619 MZN/Un, reflecting the timid recovery in revenue volume by 3.1%, from 12.471 MZN/Un to 12.862 MZN/Un, associated with the reduction in production costs by about 0.44%, from 13.360 MZN/Un to 13.301 MZN/Un