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MPME contribuem com 23,4% para o PIB
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MSMEs contribute 23.4% to GDP

National micro, small and medium-sized enterprises (MSMEs) account for 23.4% of the country's Gross Domestic Product (GDP), contributing to the dynamism of the economy in various areas, the government said in parliament. The segment represents around 97.1% of all companies operating in Mozambique and employs around 46.4% of the country's workforce....

Mais de 3000 empresas declaram falência entre 2018 e 2022
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More than 3,000 companies declare bankruptcy between 2018 and 2022

The President of the Tax Authority (AT) recently revealed in Maputo that 3131 companies in the country declared bankruptcy between 2018 and 2022. This was due to economic, fiscal and legal factors, according to Amélia Muendane, quoted by Notícias. The situation affected companies in the construction, mining, tourism, general commerce, catering, service provision and transportation of goods....

Empresas de Tete devem 77 milhões de meticais ao INSS
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Tete companies owe 77 million meticais to the INSS

Company Companies INSS Companies registered with the National Social Security Institute (INSS) in Tete have an accumulated debt of around 77 million meticais, an amount that the institution is working hard to recover from taxpayers who must correct the irregularity. The provincial delegate of the INSS, Daniel Simbanai, explained that the...

SASOL anuncia descoberta de reserva de gás em Inhassoro, Inhambane
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SASOL announces discovery of gas reserve in Inhassoro, Inhambane

South African multinational SASOL has announced the discovery of yet another gas reserve in the Inhassoro district of Inhambane province. The reserve is located in the "khometela" region, on the border between the districts of Inhassoro and Mabote. However, studies are still needed to determine the quantity and commercial value. Mateus Mosse, Director of Corporate Relations...

EDM perde cerca 77 milhões de meticais devido à esquemas fraudulentos
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EDM loses around 77 million meticais due to fraudulent schemes

Electricidade de Moçambique (EDM) lost more than 77 million meticais last year as a result of clandestine electricity connection schemes, the Director of EDM's Customer Service Area in Lichinga, Niassa province, revealed today. In an interview with Rádio Moçambique, he pointed to population migration, theft and vandalization of electrical equipment, and the...