Mozambique: "Foreign investment at a standstill"
FILE - For illustration purposes only. [File photo: Notícias]
The Mozambican Tax Authority (AT) announced on Monday that, in the first half of the year, it carried out 580 seizures of illegal merchandise throughout the country.
402 of the seizures were made in the south of the country, 82 in the central region, and 86 in the northern provinces.
According to AT spokesperson Fernando Tinga, with these seizures the Mozambican state could obtain revenue of 70.2 million meticais (about 1.1 million US dollars, at the current exchange rate).
“The customs value of the merchandise involved in all these seizures is estimated at 120.4 million meticais, and of this sum it is expected to obtain 70.2 million meticais for the State’s coffers”, said Tinga, speaking to reporters after presenting two containers full of seized merchandise.
The figures are considered positive, when compared with the same period of 2022. There was a growth in seizures of about 30 per cent.
The majority of the seizures were of goods that had evaded fiscal stamps. “Most of the seizures concern goods that shold have been sealed with fiscal stamps”, said Tinga. “We are talking about alcoholic drinks and tobacco products, which account for 63 per cent of all seizures”.
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.