Mozambique and Italy to double volume of trade
O País
Operating in the Mozambican market since 2013, the Matchedje Motors vehicle assembly company says the depreciation of the metical is one of the factors in the dismissal of 20 workers, a full third of its workforce.
According to Carlos Tamele, deputy director-general of the company, the economic situation of the country is also harming normal production.
“The materials that we import have to be paid in dollars. Our currency has suffered a great deal of fluctuation, and this means that we can’t get materials in time and therefore cannot produce normally,” he said.
Tamele said the unreliable power supply was another constraint. “Power outages paralyze us for hours at a time. Production is inextricably linked to time – time we waste because there is no power. The result is that we cannot fulfil the vehicle delivery commitments we’ve made to our customers,” Tamele said.
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