(3 minutes read)
- Mozambican Prime Minister Carlos Agostinho do Rosario recently said the government would continue its efforts to fast-track the approval and implementation of reforms to improve the business environment. He made it clear that included revising the Labor and Investment Laws as well as the Commercial Code
- The Monitoring Council of reforms is headed by the Prime Minister
- The coordinating (nodal) ministry is Industry and Trade, which looks after all relevant issues for the success of the public-private dialogue, working with the country’s main business forum- the CTA (Confederation of Mozambican Business Associations).
Mozambican Prime Minister Carlos Agostinho do Rosario recently said the government would continue its efforts to fast-track the approval and implementation of reforms to improve the business environment. He made it clear that included revising the Labor and Investment Laws as well as the Commercial Code.
The Monitoring Council of reforms is headed by the Prime Minister The coordinating (nodal) ministry is Industry and Trade, which looks after all relevant issues for the success of the public-private dialogue, working with the country’s main business forum- the CTA (Confederation of Mozambican Business Associations).
Prime Minister urged the two sides to commit themselves to fulfill the development plans of the country to ensure continuous improvement of the business environment across the country. Notwithstanding the Covid-19 pandemic, Rosario stressed that there has been progress in the implementation of the development plans, throughout the 2019-21 period. Recently, the government has taken a slew of measures such as the elimination of pre-shipment inspection and the introduction of “simplified customs clearance” for exports which have been speeding up trade and cutting costs.
There has been considerable improvement in filing of taxes. Electronic taxation has been enabling taxpayers to submit their tax declaration electronically, as well as paying taxes at the bank. The reforms have reduced transaction costs, improve competitiveness and attract further investment.
