The African continent as a whole remains heavily dependent upon fossil fuels with the likes of South Africa and Nigeria remaining over 70% dependent on non-renewables. The potential for a green transition over the coming years remains pertinent, yet a long way off.
Mozambique has been investing in reforms to improve the regulatory environment for the setting-up and registration of companies, including licensing, property registration and matters related to the startups in the country.
Our guide to the issues likely to impact businesses and the key measures taken by African governments in response to COVID-19.
With this brief analysis we wish to analyse the implications of force majeure events in the petroleum sector during the COVID-19 pandemic.
By Presidential Decree no. 11/2020, of 30 March, the President of the Republic of Mozambique decreed the State of Emergency, on grounds of public calamity, throughout the country, with a duration of 30 days, effective as from 0.00 a.m. on 01 April 2020 and ending at 24.00 a.m. on 30 April 2020.
Since the COVID-19 pandemic is already a reality in Mozambique, with the confirmation of the 8th coronavirus case in Mozambique on Sunday, 29 March 2020, it is becoming increasingly urgent to make decisions about how employment relations should be structured and regulated.
The various and innovative changes introduced by the new Movable Security Law and the respective Regulation are notorious. However, for the present reflection, we will stick only to the Control Agreement as an instrument of perfection of the pledge of bank accounts and securities and financial assets accounts or intermediated financial assets.
We hereby inform the business community and other interested parties that by means of a Notice, dated 20 April 2022, the Matola Tax Office informs the taxpayers that the income tax return - M/22 is submitted through the e-tributação, and being so, for its completion and payment of the respective tax, taxpayers must comply with the following requirements:
The Terms of Reference may be obtained at INAMI (Project Services, Mining Technology and Environment), during working days, from 9:00 to 15:00, upon payment of 100,000.00 MT, per term of reference, into INAMI´s bank account no. 292476341, at bank BIM.
We hereby inform the business community and other interested parties that, by means of the Ministerial Diploma No 33/2022 of 28 March, Tax Foreclosures have been created in the Provinces of Maputo, Gaza, Inhambane, Manica, Tete, Zambézia, Niassa and Cabo Delgado.
DLA Piper Africa is pleased to announce that nine lawyers from across the continent have been recognised as Women Leaders by legal directory IFLR1000. The IFLR1000 Women Leaders rankings recognise the most prominent female lawyers working in the areas of financial and corporate transactions and contract, licensing and regulatory project work, within their jurisdictions