"Professionalizing, modernizing and capitalizing microfinance institutions are indispensable activities for creating a more inclusive financial system," said economist António Souto, who was re-elected on 30 November at the General Assembly of the Mozambican Association of Microfinance Operators (AMOMIF) for another term at the head of this socio-economic association. The report...
"As long as 98% of our economy is made up of informal units; as long as we are unable to create even 5% of the formal jobs that 500,000 young people are looking for every year, there will be no social tranquillity, no political and economic environment for large companies and mega-projects to be efficient and sustainable," said economist António...
The government wants to audit the implementation of the Single Wage Table (TSU) in an effort to improve its image, which has been badly damaged by this system, say analysts, who, however, do not believe that this audit will produce credible results because it is being carried out by the executive itself. The Inspector General of the Ministry of Economy and Finance, Emanuel Mahumo, quoted by...
The Mozambican government says it is confident that companies linked to oil and gas projects in Cabo Delgado, including ExxonMobil, will resume their activities, with the improvement of security conditions in Palma, but analysts believe that the delay in taking a final decision is not only due to insecurity. The President of...
The economist and former Minister of Finance, Tomaz Salomão, says that one of the ways Mozambique has to keep the confidence of the International Monetary Fund (IMF), is to share any difficulty that may arise. Tomaz Salomão, who was speaking yesterday in an interview to Radio Mozambique, reminds that pro-active attitudes are essential to ensure confidence...
The former Prime Minister and economist, Luísa Diogo, defends a greater clarity and transparency in the processes of hiring professionals for the various sectors of government in order to combat corruption. According to Radio Mozambique, Diogo justifies her position by pointing out that in recent times several cases of corruption have been reported...