The Bank of Mozambique recently announced a reduction in the monetary policy interest rate (MIMO Rate) from 17.25% to 16.50%. Entrepreneurs welcome the measure with the prospect of reducing the debt burden of companies by around five percent. According to the President of the Confederation of Economic Associations - CTA, Agostinho Vuma, the...
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CASP: Nyusi wants business diversification
The President of the Republic, Filipe Nyusi, today called on businessmen operating in Mozambique to seek new forms of investment in products and services. Nyusi argues that entrepreneurs should not remain dependent on state stimuli, such as tax exemptions. "We would like to see more entrepreneurs adopting the system of exploration and diversification of investments...
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March 28, 2022March 28, 2022Latest, Market Announcements, Economy, National
Government and CTA hold the 17th Annual Private Sector Conference - CASP
The Government of Mozambique and CTA will hold the XVII Annual Private Sector Conference - CASP, on March 30, 31 and April 1, 2022, at the Joaquim Chissano Conference Center, under the theme: "Reforming the Business Environment for Economic Recovery". The Conference will be held in a hybrid format, that is...