GRIT and Hodari officially launch Mozambican Property and Asset Management Company
Yesterday’s cabinet session approved a revision of the Land Registry Code, creating an integrated land registry system using an electronic platform that would “ensure the security enhancement of the real estate legal trade”.
The government has also approved a revision of the Commercial Code, the instrument which regulates the business environment and contributes to an atmosphere conducive to economic development.
Both documents approved yesterday will be submitted to the Assembly of the Republic for discussion and approval.
The cabinet session also red a report on public administration petitions processed during the first half of the year. A total 1,521,016 petitions have been submitted, of which 146,505 came in the second half of 2016.
“These numbers mean that there was a decline in the order of 2.24 percent,” Ana Comoana said.Source: AIM Moçambique