Cash in circulation in Mozambique exceeds 67 billion meticais
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As of 2030, no new Mozambican workers will be employed in South Africa’s mines or farms Mozambique’s Minister of Labour and Social Security (INSS) said on Sunday at the launch of a campaign to register Mozambican miners for the country’s National Institute of Social Security.
Minister Margarida Talapa began by warning that mines in South Africa could close their doors to new Mozambican workers.
“Mine employers, by 2030, will reduce the number of [foreign] workers, but until then, no Mozambicans will lose their jobs,” the minister said.
They may not lose their jobs, but the future is full of uncertainties, hence the importance of making social security contributions.
“Workers on farms and mines in South Africa must adhere to the social security system, which guarantees worker’s futures. Tomorrow, you may not be old enough to work, but you took 7% off your salary for some time. In the future, your pension will be calculated and, every month, you will receive your money, wherever you are,” Minister Talapa explained.
Further clarification came from INSS director general, Joaquim Moisés Siúta.
“Mozambique social security cannot register South African companies. Therefore, these workers will be integrated into the social security system as individuals. As soon as the person is registered in the system, an access code is automatically generated and, through it, the worker will be able to pay into their pensions,” he said.
Margarida Talapa further urged South African companies to recruit workers only through legal channels, so that the Mozambican government could exert better control.
South Africa’s BusinessLIve last week reported that “about 30,000 foreign migrant workers are expected to have left the mining industry through natural attrition by 2030, leaving just 5,000.”
“This would bring the industry in line with the [South African] government’s objectives in the draft national labour migration policy, which proposes to introduce quotas for foreign workers,” adds the same source..”The draft policy, which was released for public comment recently by the department of employment & labour, was formulated in the context of growing hostility to foreign nationals, who have increasingly been blamed for SA’s 35% unemployment rate”.
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