O processo de auditoria e fiscalização das empresas privadas por parte da Autoridade Tributária (AT) vai ser retomado em breve, depois de ter sido suspenso em finais do ano passado. A informação foi avançada hoje, quinta-feira (28), pela AT, em Maputo, durante o lançamento do Ciclo de Auditorias e Fiscalizações 2024 – 2025 em sede...
State to set aside 20% of the budget to contract MSME goods and services
The state and other public bodies must now set aside at least 20% of their budgets for the procurement of goods, services and contracts from national micro, small and medium-sized enterprises (MSMEs). The measure is the result of Parliament's approval of the bill establishing the legal framework applicable to MSMEs. The law...
EDM guarantees full replacement of damage caused by tropical storm Filipo
The public company Electricidade de Moçambique (EDM) guarantees that it has already finished repairing the damage caused by the severe tropical storm "Filipo" that hit the central and southern regions of the country on March 12 and 13. The storm knocked down around a thousand poles and destroyed other electrical infrastructure, causing...
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....
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....
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 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...
ENI speeds up drilling in the Rovuma Basin
Italian oil company Eni is to acquire materials to support the development of gas production by Eni Rovuma Basin B.V. in Area 4 of the Rovuma Basin, in Cabo Delgado province. The idea is to speed up activities for the drilling, completion and cleaning of four hydrocarbon wells in that area. The start of drilling...
Concrete company on the Costa do Sol asks for embargo to be lifted
The Chinese-owned company that set up a concrete cement factory in a residential area in the Costa do Sol district of Maputo city has submitted a request to the Maputo City Judicial Court to annul the decision to embargo the project. On March 4, the 9th Section of that court provisionally embargoed...
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...