Mozambique: United Bank for Africa profits grow 37.9% to €13.7 million in 2024
Screen grab: STV
Mozambique imported 1,233 used cars from Japan in the first half of the year, which entered via Tanzania, on its border with Cabo Delgado, announced the Tax Authority (AT) in Cabo Delgado, which records around 170 vehicles imported daily.
“We have recorded around 168 vehicles per month. In 2024, we recorded the entry of 2,024 vehicles from the Negomano [border with Tanzania] point. In 2025, in the first half of the year, we had the entry of 1,233 vehicles,” Tax Authority delegate in Cabo Delgado, Helmano Nhatitima, is quoted by the press today as saying.
Speaking to journalists, Nhatitima noted an increase in the number of used cars imported from Japan entering the country via Tanzania, through the Negomano border post in Mueda district, Cabo Delgado.
The Tax Authority representative in Cabo Delgado also mentioned that the import of vehicles through that point has been improving revenue collection for the state coffers.
“In 2023, we, as an institution, made around 27.1 million meticais (€361,000), out of a programmatic target of 24.1 million meticais (€321,000), which amounts to 112%. And in 2024, we made 36 million meticais (€480,000),” Helmano Nhatitima said, highlighting the annual improvement in revenue collected for the state coffers in that province.
Mozambique will increase tax audits, tax online sales and include 200,000 new taxpayers as part of its domestic revenue mobilization strategy, according to the budget proposal for 2025 approved by parliament.
According to the Economic and Social Plan and State Budget (PESOE) 2025, also promulgated in May by the Mozambican president, “reforms will be implemented on the revenue side to broaden the tax base and improve efficiency in tax revenue collection”.
According to the document, these reforms include “strengthening the institutional capacity of the Mozambique Tax Authority with a view to improving the levels of efficiency and effectiveness of the tax system”, optimizing the taxation of digital transactions and “strengthening control over the application of reference prices in the export of mineral and agricultural products”.
It also foresees “modernizing the taxation mechanisms of the digital economy”, with “special emphasis” on the taxation of commissions of electronic money agents and institutions, and of tourist agents “within the scope of digital transactions and VAT and ISPC framework for economic agents that carry out online sales of goods and services”, with a view to “strengthening the institutional capacity of the Mozambique Tax Authority with a view to improving the efficiency and effectiveness of the tax system” in 2025.
A Autoridade Tributária de Moçambique está confiante em atingir a meta de mais de 34 mil milhões de meticais, este ano, na região Norte.
#at #impostos #zonanorte # #mocambique #stvnoticias #gruposoico
Veja com detalhes na https://t.co/3GxkwFtECZ pic.twitter.com/Pal1uY0xhv— stvnoticias (@stvnoticias_mz) July 7, 2025
Leave a Reply
Be the First to Comment!
You must be logged in to post a comment.
You must be logged in to post a comment.