The cost of living in Mozambique could see a significant increase during the festive season, as a result of the lack of products on the market, resulting from the post-election crisis marked by demonstrations that led to the closure of some borders. The warning was made by the Minister of Industry and Trade, Silvino Moreno, who stressed that the...
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...
The Minister of Industry and Trade is challenging the country's small and medium-sized enterprises (SMEs) to focus on the quality of their national products in order to compete with potential on the international market. According to Silvino Moreno, who was speaking last Friday (02), in Maputo, at the second National Conference of Micro, Small and Medium-sized Enterprises (MSMEs), entrepreneurs should...
The Minister of Industry and Trade, Silvino Moreno, acknowledged the importance and urgency of strengthening the capacity of the Credit Line for Agricultural Commercialization (LCCA), an instrument co-financed by the Cereals Institute of Mozambique (ICM) and Gapi. The instrument is available throughout the country through the fifteen branches of Gapi-Sociedade de Investimentos...
The Confederation of Economic Associations of Mozambique (CTA) has reacted to statements made by the Minister of Industry and Commerce, Silvino Moreno, according to which the trade union organization "does not respect its limits of action". Moreno made the statements recently at the closing of the first Niassa Investment Forum in the city of Lichinga. The CTA believes that...
The Minister of Industry and Commerce, Silvino Moreno, has announced that new investors are prepared to take over the Maragra Sugar Company in the Manhiça district. The South African group Ilovo, which owns 99% of Maragra, has decided to withdraw. The decision follows Maragra's loss of 3.6 billion meticais due to the...
The industrial sector is currently one of the government's priorities. The aim is to increase production capacity and the competitiveness of national products on the market. The information was provided by the Minister for Industry and Trade, Silvino Moreno, as part of the 21st Coordinating Council of the institution he heads. Moreno was quoted by Noticias as saying that despite the...
As of yesterday, 25 countries had confirmed their participation in the 58th edition of the Maputo International Trade Fair (FACIM), five more than last year. In terms of the number of companies, it is estimated that around 450 foreigners will be present, compared to 350 in 2022, according to figures released yesterday at the launch of the event...
The Minister of Industry and Trade, Silvino Moreno, said that Mozambique has exported almost six million dollars to India in the last five years, around 15% of the total volume of exports, highlighting New Delhi as the third largest strategic partner. "In the last five years, our trade balance has recorded India as a partner...
The government wants to review mining legislation by the end of this year. The measure aims to prevent national mining products from continuing to be exported raw. "Almost all of our mining projects export raw products and that's what we want to change," said Silvino Moreno, Minister of Industry...