News

Moza Banco opened today, October 7, three new bank branches, one in Gaza Province (Mapai District), one in Manica Province (Machaze District) and one in Nampula Province (Nacaroa District) as part of the presidential initiative, “One District One Bank”.

These inaugurations are part of the presidential initiative "One District One Bank", which aims to boost the expansion of the banking network cover throughout the country, providing all districts with a financial institution where banking operations and financial solutions can be found adjusted to the Customers specific needs.

With these new branches, Moza is in line with local and sustainable community development, promoting financial inclusion and banking of the economy by expanding its activities to the Districts. Also within the scope of this initiative it is planned for tomorrow, the opening of 2 more braches in the districts of Guijá and Chibuto, in Gaza Province. By 2020, Moza will be operating in the Liúpo (Nampula), Chinde, Derre, Lugela and Mocubela (Zambezia) districts; Meluco and Quissanga (in Cabo Delgado); Majune, Chimbonila, Ngauma and Sanga (in Niassa); Maringue (in Sofala).

Moza currently has the 3^rd largest branch network in the country, comprising more than 62 business units spread across all provincial capitals and some districts and villages, thus reaffirming the condition of a truly universal bank in terms of spectrum’s coverage of banking business and with strong national implementation.

Moza Banco and Nucleo D'Arte – a Mozambican Association for the Development of Culture, have formalized a partnership aimed at giving greater sustainability to the national cultural industry by developing actions involving artists in addressing issues related to climate change, wildlife preservation, in addition to other issues deemed relevant to society.

In this context, during the signing ceremony of the partnership, the ‘’ANAC’’ –National Administration of Conservation Areas, presented to a group of about 40 artists from Nucleo D’Arte, the scenery of wildlife in the country and also the major challenges in combating poaching and rising awareness of citizenship and environmental preservation.

For Moza Banco Executive Director, Manuel Guimarães, “the sustainability of  wildlife and natural richness is everyone's responsibility, and yet we are few. In this specific case, Moza Banco undewrtakes with a high sense of responsibility its role in this area and, in this context, strengthens its relationship with Nucleo D'Arte, also enhancing synergies with other strategic partners of Moza in the field of social responsibility, in this specific case with ANAC.  

As part of its social responsibility policy, Moza Banco has promoted the development of Mozambican culture, and currently has 62 branches throughout the country, having recently been awarded by the prestigious magazine The Banker for the “Deal of The Year”.

The book, by Clélia Pondja, brings to light the results of an ethnographic research on the influence of symbolic and sociocultural representations’ system as bases of women’, already mothers’, behaviours and attitudes in Ka-Mpfumo and Ka-Tembe, Maputo.

The researcher at the Centre of Public Integrity (CIP), Clélia Pondja, debuted this Thursday as writer, with the release of her book “Woman in Maputo: An Anthropological Dimensions of Gender and Reproduction”. The book addresses in depth her insight into factors that contributes to the way women think and act in Mozambican society, particularly, in Maputo city. During her research, the author sought to understand the women's feelings on labour division, obligations, prohibitions, taboos, fears and silences.

‘The motivations that led me to write this book are several starting with my dissatisfaction with the power women have for how and when they become mothers and what health care service they need.,” said Clelia Pondja, the author of the book.

Pondja also added that the issue is relevant, given that most of the researches in Mozambique on Sexual Reproductive Health Care focus on women's access to health services, preventive campaigns, or maternal and child’s mortality’s rates, "I found it necessary to take a different approach, looking at the anthropological aspects in various dimensions to understand the factors that motivate women to seek for health care system in some periods and not in others."

The book was prefaced by the academic and Rector of the Instituto Superior de Artes e Cultura (ISARC), Filimone Meigos, who in his intervention welcomed the way the writer underlies the concerns brought in the book.

The book launching ceremony took place at the Moza Banco Amphitheatre in Maputo and was attended by writers, reading lovers, friends and representatives of entities that made it possible to publish the book, including Moza Banco, who provided all logistics’ support for the launch of this book, in recognition of the value and role that women have in the society.

It is an honour and tremendous privilege for Moza to support the presentation and launch of this book. We acknowledge its value and contribution to enhancing the role of women, particularly, the Mozambican women, in building the Society,” said João Figueiredo, Chairman of the Board of Directors of Moza Banco.

Born in Inhambane province, Clélia Francelina Ozias Pondja, PhD in Anthropology from the ‘’Instituto Universitário de Lisboa’’ (ISCTE-IUL) and researcher at the Centre of Public Integrity.

The book “Woman in Maputo: An Anthropological Dimensions of Gender and Reproduction” is her first bibliographical release.

Moza Banco, in the context of its social responsibility policy, invested in the equipping of rural hospitals in the provinces of Tete and Nampula, particularly in the districts of Tsangano, Memba, Murrupula and Malema. The equipment basically consists of cabinets, tables, chairs, drawer units, among others, aimed at improving the working conditions and services of the health professionals and the users.

Still in this context and particularly to Tsangano hospital, Moza Banco provided a power transformation station which will substantially improve the functioning of the hospital.

These actions are part of our Social Responsibility policy, which has a close connection with DNA, aimed at establishing and strengthening relationships, as a mechanism for greater and better sustainability of the company and consequently of our activities, and in this particular case in the districts where we already have an involvement with the community, through our branches located in such districts, that have been continually contributing to the socioeconomic development of these districts, said the  Chairman of the Board of Directors of Moza Banco, João Figueiredo.

It should be noted that currently Moza has the 3^rd largest network of branches in the country consisting of more than 60 business units spread throughout the country and is strongly focused on the expansion of its activity to more districts without bank coverage. The bank recently opened bank branches in the districts of Memba – Nampula and Tsangano-Tete and is already operating in the districts of Malema and Murrupula – Nampula.

This acknowledgment results from the high capacity demonstrated by Moza Banco in providing safe and reliable operations for its Customers leading the Bank to be distinguished from other financial institutions because of the considerably increase in the volume of transactions in its range of cards both in the country and abroad either through face to face or online transactions using Visa network's platforms.

Moza Banco's debit and credit cards recorded, in 2018, the highest growth in the transactions made abroad and on online purchases. Due to this, the Bank was awarded with the prestigious Visa International prizes in the Visa Cross Border Champion Award, E-com Warrior Award, Visa Premium Award 2019 categories.

The announcement of the aforementioned awards took place during the annual international VISA network's Workshop held in Maputo widely attended by the national commercial banks, VISA's Partners.

The Visa Cross Border Champion Award-distinguishes Moza as the Bank with the highest volume of transactions abroad using banking cards; the E-Com warrior award – distinguishes Moza as the Bank that registered the largest growth on online transaction volume, while Visa Premium Award 2019 – distinguishes Moza as the Bank that registered the largest growth in the issuance and transactions on Platinum cards.

The aforementioned recognitions reinforce the dimensions of security, services of excellence and confidence in the transactions of the entire range of Moza cards, having at the time Moza Banco stated that "These distinctions are the result of continuous investment in innovation in banking and financial services in general ".

It should be noted that these awards join the previous received by Moza throughout the year 2019 that led the Bank to be distinguished by "The Banker", a prestigious international publication of the Financial Times Group, as the Best Deal of the Year 2019 at the level of Africa.