Never miss a beat on Africa's legal and regulatory landscape.
By way of Notice No. 4/GBM/2023, of 14 September 2023, the Bank of Mozambique approved the rules aimed at governing activities carried out by entities (natural or legal) transacting virtual assets in Mozambique (also known as VASPs). In particular, this new statute applie..
Universal access to energy is one of the priorities of the Government of Mozambique. To achieve this goal, the Government's actions must be complemented by private investment, a fact that has been conditioned by unattractive legal barriers to investment in this sector. In..
We hereby inform the business community and other interested parties that the new Labour Law, Law no. 13/2023, of 25 August, has been published in the Official Gazette on 25 August 2023.
We hereby inform the business community and other interested parties that on August 7th, 2023, the Assembly of the Republic of Mozambique approved the proposal for the revision of the Labor Law.
Law 8/2023 of 9 June (the "Investment Law") has been published in the Official Gazette. This new law establishes the rules applicable to private investments eligible for certain tax and non-tax guarantees and incentives. It also repeals the 30-y..
We hereby inform the business community and other interested parties that the national minimum wages, by sector of activity, for the year 2023, were approved by the Council of Ministers on 25 April 2023, with effect from April 1, 2023.
The procurement for public works, supply of goods and services from public entities has been undergoing constant changes over the years. Decree Law no. 48817 of 19 February 1969, applicable to Mozambique through Ordinance 555/71 of 12 October (Regulation of Works and Supp..
The decree which approves the new Regulation for Contracting Public Works, Supply of Goods and Provision of Services to the State, namely Decree no. 79/2022, of December 30, was recently published, revoking the diploma previously in force.
We hereby inform the business community and other interested parties that under the new Commercial Code, approved by Decree-Law no. 1/2022, of 25 May (the “New CCom”), 2 (two) important changes were introduced in respect of the requirements fo..
