The union movement has submitted a position to the government demanding a reduction in the Value Added Tax (VAT) on basic necessities, as a way to reduce the impact of the cost of living, considered unsustainable in the country. Currently the VAT rate is 17%. In a statement containing several points , which summarize the main...
The Organisation of Mozambican Workers (OTM)-Trade Union Central is threatening to organise a national demonstration against the rising cost of living in the country, an official source announced last Friday (08.07). "The trade union movement reserves the right to mobilize a demonstration or strike on a national scale as a way to show its repudiation of the high cost of living,"...
For the third time since the beginning of the year, fuel prices increased again in Mozambique. For an economist, new prices may indicate "economic interests" of individuals who influence the political power. The Energy Regulatory Authority (Arene) of Mozambique announced last Friday another increase in fuel prices that will take effect from this Saturday (02.07). With.
The cost of living in the country is tending to get worse and worse, with the latest data from the National Institute of Statistics indicating that compared to the same period last year, prices increased in April by 7.90%. While activists speak of a devastating impact on people, businessmen warn of limits and economists...
The Central Trade Union Organisation of Mozambique (OTM-CS), in Cabo Delgado, says that the cost of living in recent times is increasingly suffocating and unbearable. Speaking on Tuesday at the opening of the first ordinary session of the consultation forum of social consultation, in the city of Pemba, the provincial executive secretary of that organization, Manuel...
The paralysis of passenger and cargo train circulation in the Lichinga-Cuamba and Cuamba-Entre-Lago branches is aggravating the cost of living of the population in Niassa. In both branches, the train has not circulated since the first week of December last year. According to Radio Mozambique, at this moment, for example, a 25 kilogram bag of rice costs...
The government, through the Minister of Economy and Finance, Adriano Maleiane, said yesterday in Parliament that the rise in fuel prices was due to the increase in demand for fuel internationally and that all the mechanisms that had been set up internally to cushion its impact on the cost of living had become insufficient
The cost of living in the country is getting worse every day. The basic food basket defined by the Organization of Mozambican Workers (OTM-Central Union) costs 19 thousand meticais, while the minimum wage is only 4 691 meticais
The richest 10% of the Mozambican population make up 43% of total household spending in the country, mainly in the capital area, according to the latest survey by the National Statistics Institute (INE)
Mozambique experienced deflation in May, compared to the previous month