Mozambique: Sales of cars and properties above 250,000 meticais must be reported to GIFiM - MZNews
Screen grab: Presidente Filipe Nyusi / Facebook
Mozambican President Filipe Nyusi on Monday criticised the payment of bribes by businesspeople, warning that the practice spreads corruption and undermines the country’s economy and public administration.
“We are also going to combat the incidence of bribery and corruption,” said Nyusi, in his opening speech at the 58th edition of the Maputo International Fair (FACIM), which has been running since today in the Marracuene district of Maputo province.
Businesspeople should refrain from making illicit payments to state officials, because the practice harms the economy and becomes a culture, he said.
The bribed official “gets a taste for it, it’s like sucking blood” and starts demanding bribes to carry out administrative acts, warned the Mozambican president.
The head of state pointed out that the fight against corruption is one of the executive’s bets to create a favourable environment for the country’s economy.
“Let’s recognise that we are taking significant steps, yes, but we need to do much more to make our country economically competitive,” Nyusi emphasised.
The digitalisation of public services is an essential step towards facilitating the procedures necessary for the development of businesses and companies, he continued.
President Nyusi further stressed the importance of industrialising and diversifying the economy in order to take advantage of the potential in natural resources such as hydrocarbons, agriculture, fishing and tourism.
Maximising the potential of natural resources, Nyusi continued, is fundamental to the process of economic recovery.
The fight against urban crime, especially against kidnappings and armed groups in Cabo Delgado province, northern Mozambique, and the establishment of faster means of resolving commercial disputes are also part of the measures needed for a favourable business environment, said Filipe Nyusi.
The President also criticised Mozambique’s limited use of raw material exports, due to the inability to transform its natural assets, such as coal, graphite and precious metals and stones.
The Mozambican head of state noted that the high interest rates and high inflation in the country and in the world must be countered with efficient macroeconomic measures to prevent them from damaging the economy.
The 58th edition of Facim, Mozambique’s largest trade fair, kicked off with a total of 2,500 Mozambican and foreign companies taking part.
The exhibitors are spread over 12 pavilions occupying a total area of 30,000 square metres and the organisation expects at least 50,000 people to visit the event.
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