The scarcity of containers in the national ports for the transport of goods has forced Mozambican operators to move cargo in bags, despite all the risks that this may entail
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Maputo International Fair opens this Monday
The Maputo International Fair (FACIM), the largest business and enterprise sample, will take place from August 30th to September 5th, in virtual and face-to-face format, due to the limitations imposed by covid-19
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Gradual return of security in Cabo Delgado encourages entrepreneurs
Business people in Cabo Delgado are optimistic about the gradual return of security and the reopening of access roads to areas affected by terrorism, but expect help from the government to rebuild destroyed infrastructure
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August 26, 2021August 26, 2021Agriculture, Companies, Business
Absa Bank Mozambique commits to support value chain of export products
Absa Bank Mozambique has recently committed to support the development of export product value chains by financing the commercial production and processing industry of macadamia, avocado, lychee, beans and agro-forestry products
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Mozambique exports close to 150,000 tons of cashew nuts
Mozambique annually places on the international market close to 150,000 tons of cashew nuts. The figure is below the expected taking into account the potential of the country
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Prime Minister wants more investments to grow the economy
Prime Minister Carlos Agostinho do Rosário, indicated that the country is in need of more investment to grow the economy and its materialization depends on the implementation of reforms
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August 23, 2021August 23, 2021Business
Mozambique sees improvement in business environment
The Prime Minister, Carlos Agostinho do Rosário, considers that, despite the challenges imposed by covid-19 and the terrorist actions in Cabo Delgado province, the country has registered progress in the implementation of the Action Plan for the Improvement of the Business Environment
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Government and private sector seek ways to improve business environment
The government and the Confederation of Economic Activities (CTA) are holding this Friday the VIII Business Environment Monitoring Council (CMAN), the highest body for managing and monitoring economic reforms to improve the business environment
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Mozambique may be admitted to the Kimberley Process in November
Mozambique hopes to be admitted to the Kimberley process - a mechanism that allows the legal exploration and sale of diamonds in the world - in a plenary session to be held in November, in Russia
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"Fiscal Policy Should Facilitate Development," Advocates the Ministry of Economy and Finance
The Ministry of Economy and Finance (MEF) argues that fiscal policy should facilitate development and not just focus on the contribution of private companies in the formal sector