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Government invests 3 billion in agricultural research over the next two and a half years

28, Oct 2022 218 Views

It becomes mandatory to declare the entry and exit of money in national and foreign currency above 10 thousand Meticais and 10 thousand US dollars. The measure, based on the foreign exchange law, was announced by the Bank of Mozambique. Entering and leaving the country with cash, in an amount exceeding 10 thousand Meticais or 10 thousand US dollars or equivalent in foreign currency, is subject to the declaration of possession with the financial system regulator. The Bank of Mozambique alert, made public through a note issued last Thursday, determines, under the terms of Law no. foreigners in national territory, in an amount greater than the equivalent of USD 10,000.00 (ten thousand US dollars), must be declared and the bearer must present the document of legitimate possession”. For national currency, the note warns: “The physical entry and exit of national notes and coins, in amounts greater than 10,000.00 MT (ten thousand Meticais), must be declared”. In addition to monetary values, the rules and procedures cover precious metals and ores: “In the import and export of gold (bar, ingot or other unworked form), silver, platinum and other precious metals and minerals, the holder must present, in addition to of the import documents, the respective authorization bulletin issued by the Bank of Mozambique”. According to the note, in order to declare the amounts referred to, the holder of notes and coins must fill in the form in duplicate with the customs authorities, and must keep the duplicate. The Bank of Mozambique recommends the use of alternative means of payment, such as bank cards and telegraphic transfers, to avoid the risk of theft. Source:O país

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Mozambique and Pakistan sign MoU on trade and investment

08, Dec 2022 370 Views
Economy

Port of Maputo increases cargo handling to more than 26 million tons this year

08, Dec 2022 506 Views
Tourism

Mozambique: President launches new eVISA system

08, Dec 2022 304 Views
Tourism

Mozambique launches eVISA platform – AIM report

08, Dec 2022 290 Views
Tourism

Mozambique: Flag-carrier in ‘alarming situation’ – CIP

08, Dec 2022 372 Views
Economy

Cooking gas reduces by about 7 meticais

19, Dec 2022 419 Views
Others

Maputo river flow is above alert level

19, Dec 2022 416 Views
Economy

Gaza awards more “Made in Mozambique” stamps

20, Dec 2022 356 Views
Economy

TO INCREASE PRODUCTIVITY: Brazil promises to transfer agricultural technology to the country

20, Dec 2022 302 Views
Others

CityLink suspended conveyor

20, Dec 2022 469 Views
Tourism

Tourism projects ambitious goals with e-Visa

21, Dec 2022 304 Views
Economy

BY THE PUBLIC PROSECUTION OFFICE, IN SOFALA: Chinese investor accused of money laundering

21, Dec 2022 300 Views
Economy

Mozambique among countries with high risk of money laundering

27, Dec 2022 374 Views
Economy

Mozambique among countries with high risk of money laundering

27, Dec 2022 342 Views
Economy

Mozambique's biggest supplier is the United Arab Emirates

27, Dec 2022 423 Views
Economy

HCB will have a loan of 100 Euros for rehabilitation

28, Dec 2022 320 Views
Others

Stewart Sukuma is an honorary citizen of Quelimane

28, Dec 2022 471 Views
Economy

Exports generate six million dollars in 2022

28, Dec 2022 340 Views
Economy

HCB will have a loan of 122 million Euros for rehabilitation

29, Dec 2022 302 Views
Economy

IMF predicts that a third of the world economy will be in recession this year

03, Jan 2023 279 Views
Economy

MOVEMENT IN THE FESTIVE QUADRA: Tourism revenues grow by 200 million meticais 2 days ago

05, Jan 2023 394 Views
Economy

Accountants say the 1% VAT reduction is insignificant

05, Jan 2023 253 Views
Economy

Mabote district will produce more than six thousand tons of cashew nuts

05, Jan 2023 426 Views
Economy

TSU: Commission proposes reduction of salaries and benefits of leaders and sovereign bodies

11, Jan 2023 439 Views
Economy

Reduces gas produced and exported by Mozambique

11, Jan 2023 410 Views
Economy

DDR creates risks in public financial management in 2023

11, Jan 2023 418 Views
Economy

AT president calls on tour operators to pay taxes

12, Jan 2023 301 Views
Economy

Internal production helped control prices at parties

12, Jan 2023 400 Views
Others

There is a risk of cholera outbreak in Maputo City

12, Jan 2023 365 Views
Economy

Nyusi invites G-20 economies to invest in industrialization

16, Jan 2023 318 Views
Economy

Mozambique gains new informal digital market

16, Jan 2023 568 Views
Economy

Electricity production expected to drop 12% this year

16, Jan 2023 322 Views
Others

There is evidence for extradition to Mozambique of kidnapping mastermind arrested in South Africa

17, Jan 2023 446 Views
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