The Confederation of Economic Associations of Mozambique - CTA said yesterday that at least 60 companies have debts with external suppliers worth 373 million dollars, around 23,830,568,963 at the current exchange rate. These are aggregate figures from companies that, within a week, managed to submit cases of overdue invoices, due to the...
Tag: duty
Financial institutions to report credit operations every day
An update to Notice no. 7/GGBM/2003, of January 14, requires financial institutions to report all credit operations to the Central Credit Registry (CRC) within 24 hours of the creation, granting/disbursement or renewal of the limit, constitution of the guarantee or completion of the operation. The revision of the instrument arises from the understanding of...
Mozambique to celebrate Nyusi's departure from power
Tomorrow, more than celebrating Daniel Chapo's ascent to the Presidency of the Republic, the fundamental thing will be to celebrate Filipe Nyusi's fall from power, says the Director of the Center for Democracy and Human Rights (CDD). "I think that Mozambicans should celebrate this issue of Nyusi's departure, so that we can reorganize ourselves and organize...
Where does Razaque Manhique get the more than 160 million meticais to pay off his garbage debts?
Maputo City Council owes more than 160 million meticais to the companies contracted to collect and manage solid waste "garbage", and the municipality is making efforts to clean up the "stain". This debt is a legacy of the previous administration led by Eneas Comiche, relating to the months between February...