Mozambique lost 24.8 billion meticais as a result of the paralysis of public and private activities in ten days of demonstrations, estimates the Confederation of Economic Associations of Mozambique - CTA. According to the association's president, Agostinho Vuma, the sectors most affected were transport, logistics and commerce. Operators in the metropolitan area of...
Maputo International Airport receives the world's second largest aircraft
Yesterday, Saturday (09), Maputo International Airport received the second largest aircraft in the world, with capacity for 400 passengers. According to the Operations Director of the Aeroportos de Moçambique company, this milestone demonstrates the capacity of national airports, which are seeing an increase in air traffic. Quoted by Rádio Moçambique, José Candrino added that an operation of this...
Ressano Garcia border reopens, but with losses of 6.3 million dollars
The Mozambican Tax Authority (AT) announced yesterday, Saturday (09), the reopening of the Ressano Garcia border crossing, which had been closed following the vandalization of its infrastructure during the demonstrations last Thursday (07). In an AIM publication, AT spokesman Fernando Tinga said that all the legal conditions had been created for the...
Ressano Garcia border reopened with conditions after vandalization
The Ressano Garcia border crossing, in the district of Moamba, Maputo province, the busiest in the country and which connects with South Africa, has reopened after being vandalized by a group of protesters on Tuesday (05). According to a publication by Rádio Moçambique, quoting the head of the Ressano Garcia border post,...
Demonstrations: CTA says there have been losses of three billion meticais
The Confederation of Economic Associations of Mozambique (CTA) announced yesterday (30) that the country has lost three billion Meticais due to the paralysis of economic activity resulting from the demonstrations on the 21st, 24th and 25th of this month. The CTA was speaking after a meeting with the government to take stock of the...
Mozambique to become a full member of the African Free Trade Area from January
Mozambique will become a full member of the African Continental Free Trade Area (AfCFTA) in January next year, when it will begin to explore the business opportunities that this platform offers to member countries, especially in terms of internationalization and productive specialization. The announcement was made this week in Maputo by the Minister of Industry and Trade, Silvino Moreno, who...
Mozambique and Colombia sign Visa Waiver agreement
The governments of Mozambique and Colombia have initialed an agreement to abolish visas for diplomatic and service passports, an instrument that aims to make it easier for officials and other individuals to travel with these documents. According to an AIM publication, the agreement was signed on Monday (28) in the Colombian city of Cali by...
AT foils attempt to smuggle 752 cartons of cigarettes worth 10.5 million meticais
Mozambique's Tax Authority (AT) has seized 752 cartons of cigarettes on the smuggling route across the Ponta d'Ouro border, in Maputo province, between Mozambique and neighboring South Africa. With the seizure of this merchandise, valued at 10.5 million meticais, the Mozambican state could collect around five million in duties, without...
Absa Bank and ISUTC join forces to empower women in technology
Absa Bank Mozambique signed a Memorandum of Understanding (MoU) with the Instituto Superior de Transportes e Comunicações (ISUTC - TRANSCOM) yesterday (Wednesday 16), aimed at supporting the inclusion of women in technological areas, as well as reinforcing its commitment to gender equality. An Absa press release states that the initiative comes as part of...
ETG demands more than 120 M$ from the Mozambican state for losses due to the judicial seizure of bóer beans
The ETG Group is demanding, in an arbitration court, that the Mozambican state pay more than 120 million dollars in damages for the judicial seizure of the firm's assets, in a dispute involving the export of bóer beans. According to a report in the Savana newspaper, the business conglomerate, in a statement released on Wednesday (16), accused the Mozambican state...