CTA Newsletter No. 168

1 - Newsletter n°168
Confederação das Associações Económicas
Newsletter n°168 Ι February 5, 2014
Editora: Eva Meignen Ι Propriedade da CTA
Sede: Rua Fernando Ganhão, 120 - Maputo Ι www.cta.org.mz
Email: [email protected] Ι Tel: + 258 21 49 19 14/64 Ι Fax: + 258 21 49 30 94
Excessive holidays create major commercial losses
BUSINESS ENVIRONMENT
- Excessive holidays create major
commercial losses - p. 1
- Review of Industrial Policy and Stategy
- p. 1
- Consultancy services - p. 2
INTERNATIONAL
- 115th Canton Fair, China - p. 2
- Brazilian business delegations - p. 2
EVENT
- Tektonica Mozambique and Intercasa
Mozambique - p. 3
BCI
- BCI strengthens its presence in
Quelimane with the opening of a
new agency - p. 3
ECONOMIC INDICATORS
- Exchange and inflation rates - p. 4
- Tax calendar - p. 4
Excessive holidays granted at the last moment create major national commercial
losses, concludes a study done by the CTA.
Every holiday is equivalent to a loss of approximately six million dollars (180
million Meticais) to the domestic private sector.
On February 5, 2014, during a television speech, the Executive Director of CTA,
Kekobad Patel, said: "If we consider the number of workers in the informal sector in our
country and workers of the formal economy, we are not far to say that the holidays represent
about six millions USD daily loss for the private sector. "
According to Kekobad Patel, excess holidays promote the culture of little work, it
is contradiction with the position of President of the Republic, Armando
Guebuza, who says that Mozambicans have to work harder.
Review of Industrial Policy and Strategy
The government considers the industry determinant in the action against extreme
poverty and for economic development factors. This is why it approved the
Industrial and Policy Strategy - Resolution No. 38/2007 of 18th of December which establishes the broad outlines of industrial development in the country.
Since the adoption of the Industrial and Policy Strategy in 2007, many activities
were conducted and helped to stimulate the industrial sector:
✦Approval of strategies for the development of small and medium enterprises;
for the development of textile and clothing, to improve the business environment,
among others.
✦Creation of the Institute for the Promotion of Small and Medium Enterprises
( IPEME ), which mainly aims to support the private sector.
However, despite the government's efforts, it seems that this policy is no longer
appropriate to the current situation.
Therefore it is necessary to review this Industrial and Policy Strategy to be in line
with the current dynamic of development.
In this context, the CTA and the Ministry of Industry and Trade are currently
selecting a company that will review this existing industrial policy and strategy.
Por um Melhor Ambiente de Negócios!
1
2 - Newsletter n°168
Confederação das Associações Económicas
Consultancy services
The USAID SPEED program, aims to support the economic
and business development through trade and investment
policies to improve the business environment and
competitiveness. Under the existing partnership between CTA
and USAID SPEED, there is the intention to hire legal and
customs related consultancy services to perform the following
studies:
✦ 1 - Impact evaluation of the Nacala Special Export Terminal
✦ 2 - Legal review study and comparative analysis of nonintrusive inspection in Mozambique (scanners).
115th Canton Fair, China
The deadline date for the submission of proposals had been set
for January 31, 2014. It has now been extended until Friday,
February 14.
SPEED cordially invites interested parties to submit their
proposals to its offices. Selection of the winning candidate for
each of the studies will be made by a selection committe that
will take place on February 19. Please find the terms of
reference and requests for proposals in detail at the following
link:
http://www.speed-program.com/career
Brazilian business delegation
A Brazilian business delegation made up of 8 companies
from different economic sectors, such as construction, trade,
industry, machinery and equipment, science and technology,
information technology and communication will be visiting
Maputo, on February 7.
115ª Sessã o da Feira de Cantã o, China
Mais de 25 mil expositores, uma das melhores feiras do Mundo!
Sectores expostos:
For the occasion, a business meeting between Brazilian and
Mozambican entrepreneurs will take place on February 7
at 15:00 in the official residence of the Federative
Republic of Brazil, located on 182, Avenue Bernabé
Electrôdomesticos e
Electrônicos
Iluminação
Veículos &
peças
Produtos
químicos
Material de
construção
Ferramentas e
hardware
Máquinas para
a construção
Máquinas
Agrícolas
Máquinas para o
processamento
agrícola,
E muito mais……
Não perca!!
•
Venha encontrar os seus parceiros, investidores e fornecedores!
•
Partida de Maputo: 11 Abril Regresso: 20 de Abril de 2014
•
Investimento: 119,300 mil Mt por pessoa: inclui alojamento em
Thawe, Maputo.
CTA invites you to attend this important meeting.
For organizational reasons, please confirm your attendance
until February 6, 2014 to the address below:
Madina Hussein: [email protected]
Hotel 4 estrelas, passagem de Maputo na classe econômica,
ingressos e Seguro de viagem (temos pacotes para articipantes
das províncias)
•
Reservas mediate o pagamento de 50% até 15/02/14. Inscrições
aceites até 10/03/14 [email protected] 843023548/
829231785 / 21306884
Por um Melhor Ambiente de Negócios!
3 - Newsletter n°168
Confederação das Associações Económicas
TEKTÓNICA MOZAMBIQUE and INTERCASA MOZAMBIQUE
The 3rd edition of TEKTÓNICA Mozambique and
INTERCASA Mozambique, the largest exhibition specialized
in building and decoration will be held in Maputo, from
February 26 to March 1, at the Joaquim Chissano International
Conference Centre.
Further information:
✦ Te r e s a G o u v e i a ( + 3 5 1 ) 2 1 8 9 2 1 5 5 6
[email protected]
✦H e l e n a C o s t a ( + 3 5 1 ) 2 1 8 9 2 1 5 3 9
[email protected]
BCI strengthens its presence in Quelimane with the opening of a new agency
BCI opens on February 7, a new branch in the city of
Quelimane, located in Zambezia province.
The Quelimane Agency - Av. 1st of July - is located in the lower
city, in modern facilities which have been restored and enlarged
and ensure greater accessibility and convenience to customers.
This investment is to meet growing demand for services from
clients.
The opening ceremony will be presided by the mayor of the
city of Quelimane, Manuel de Araújo and attended by the
President of the Executive Committee of the BCI, Paulo Sousa,
representatives of provincial governments, entrepreneurs and
representatives of the various institutions of the province.
With the inauguration of the Quelimane Agency - Av. 1st of
July - BCI strengthens its presence in Zambezia province.
The BCI network has gradually widened and currently has
eight branches in operation, including 3 in the city of
Quelimane and in the districts of Haut-Molocue, Gurué,
Mocuba (2 agencies) and Morrumbala.
Por um Melhor Ambiente de Negócios!
4 - Newsletter n°168
Confederação das Associações Económicas
Economic indicators
Exchange rate - 06.02.2014
Currency
EUR
USD
ZAR
Buy
41,35
30,58
2,75
Inflation rate
Month
Dec
Nov
Oct
Sell
42,19
31,20
2,81
Rate
0,640
0,570
0,230
Instituto Nacional de Estatísticas
www.bci.co.mz
5 - Newsletter n°166
Confederação das Associações Económicas
Tax calendar - February 2014
Tax calendar - February 2014
• Until 10th
Delivery of the revenue collected during the previous month to the tax collection authorities by the
public services. • Until 20th
Payment of the IRPS and IRPC, Art. 29-3 of the Regulation of CIRPS, approved by the Decree
No. 8/2008 of April 16 and Art. 67-5 of the CIRPC, approved by Law No. 34/2007 of
December 31.
• Until the last day of the
month
Payment of the VAT of the previous month, by taxpayers of the normal system Art. 32-1 of the
VAT Code approved by Law 32/2007, of December 31.
• Until end of March
Payment of the Vehicle Tax, Art.1-8 of the ISV approved by Decree No 19/02, of July 23.
• Until end of March
Delivery of the annual income statement from the previous year - Model 10 and Annex (for
taxpayers of the 1st Category) , Art.13-1-a of the CIRPS Regulation approved by Decree No. 8 /
2008 of April 16.
• Until end of March
Delivery of the withholding statement communication, Art 44-1-c of the CIRPS Regulation
approved by Decree No. 8 / 2008 of April 16 - Model 20H.
• Until end of March
Delivery of the withholding statement communication of non- residents - Art.44.6 of CIRPS
Regulation, approved by Decree No. 8/2008 of April 16 - Model 20I.
• Until end of April
Delivery of the annual income statement from the previous year - Model 10 and Annex (for
taxpayers who have earned income from other categories) - Art 13-1-b of the CIRPS Regulation
approved by Decree No.8/ 2008 of April 16.
• Until end of April
Final payment of the IRPS on the previous year income, Art.21-a of the CIRPS Regulation
approved by Decree No. 8 / 2008 of 16 April.
• Until end of May
Submission of the annual income statement from the previous year by taxpayers - Art 39-1 of the
CIRPC Regulation approved by Decree No. 9 / 2008 of April 16 - Models 22 and 22A.
• Until end of May
Final payment of the IRPC on the previous year income - Art 27-1 of the CIRPC Regulation
approved by Decree No. 9 / 2008 of April 16.
• Until end of May
Final payment of the IRPS on the previous year income - Art 21-b of the CIRPS Regulation
approved by Decree No. 8 / 2008 of April 16.
• Until end of June
Submission of annual of accounting and tax statement from the previous year by IRPS and IRPC
taxpayers Model 20 and Annexes, Art 40-3 of the CIRPC Regulation approved by Decree 9 /
2008 of April 16.
Por um Melhor Ambiente de Negócios!
Por um Melhor Ambiente de Negócios!