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Moza Banco and the Tax Authority of Mozambique (TA), signed last Thursday, two Memorandums of Understanding (MoU) in light of which, on one hand, Moza Banco will start issuing Taxpayer Numbers in all its Branches and, on the other hand, undertakes to promote fiscal citizenship through fiscal literacy, customs and tax dissemination.

The signing of the agreements, which took place at the Headquarters of the TA, was made by the Chairman of the Board of Directors of Moza, João Figueiredo and the President of the TA of Mozambique, Amélia Nakhare. The ceremony was witnessed by employees of the two institutions.

At the occasion, the Moza Bank’s CEO highlighted the Bank's responsibility to support TA's efforts to broaden the tax base, with a particular focus on massing the Taxpayer Number registry given the importance of fiscal contributions to Mozambique's socio-economic development and socio-economic sustainability.

 “Moza Banco, while the only bank with the majority of domestic capital, acknowledges the importance of scrupulous compliance of fiscal and customs obligations for the development and socio-economic sustainability that the country seeks, and for this reason we commit ourselves to participate in TA's efforts aiming at widening the tax base’’

These two agreements will allow obtaining Taxpayer Number in the network of the 55 Moza branches across the country, as well as those to be incorporated shortly as a result of the merger process between Moza and Banco Terra and the 20 new branches planned within the bank's partnership with the Ministry of Land, Environment and Rural Development (MITADER) under the project "One District, One Bank", said João Figueiredo.

Amélia Nakhare, in turn, said that this act served to witness an example of effort of the two institutions aimed at improving the tax and financial systems in the country.

‘’The financial and tax systems are bonded in the revenue collection process in order to ensure the sustainability of our economy, ‘’ said.

It should be noted that the two MoU also aim to create facilitation mechanisms for the employees of the Tax Authority, once Moza Banco will become an active partner, not only in tax education campaigns, but also in the motivational aspects of the employees, offering a comfortable and personalized treatment through the promotion of a set of services such as family insurance and credit lines facilities.

Dear customers

Due to the red alert issued by the Government for the Central region of the country, because of the forecast of the Tropical Cyclone IDAI characterized by heavy rains, accompanied by thunderstorms and strong winds, we hereby inform our customers and the general public that for safety reasons our branches in Beira, Munhava and Dondo will be closed.

We also inform our customers that Moza offers alternatives such as ATM, E-Banking, Mobile Banking and USSD, so that our customers and the general public can still enjoy our banking services with all the comfort and convenience, wherever they are.

For further assistance please contact us through our Call Centre Service (822020, 842020 and 21342020).

We apologize for any inconvenience caused.

Moza Banco and Banco Terra de Moçambique-BTM, hereby, announce to its customers, partners and stakeholders, in general, that the Central Bank of Mozambique has approved the operations of capital increase of Moza Banco and the purchase of Banco Terra, as previously announced to the market.

Through this transaction, where the total capital increase of Moza Banco was done by Arise, this new partner will hold 29.5% of interests in the shareholders’ structure.

Arise is a leading investment fund management company in Africa with sustainable partnerships with financial entities in sub-Saharan Africa. The company was founded by three key investors, namely Rabobank (Dutch Reference Bank), Norfund (one of the largest investment funds in the world and of Norwegian origin) and FMO (Dutch Investment Fund). It currently manages more than USD 660 million in assets and operates in more than 10 countries.

It is further informed that this transaction also includes the purchase by Moza Banco of 100% of BTM’s capital.

The Chairman of the Board of Directors of Moza Banco, João Figueiredo, on one hand, said that this transaction will not only consolidate the financial and equity structure of the institution, but will also endow it with a strong competitive capacity to better serve its customers and the market in general.

The Chairman of the Board of Directors of BTM, Manuel Aranda da Silva, on the other hand, said that this transaction represents an opportunity to better achieve the bank's objectives of contributing to the economic and social development of Mozambique. It provides the possibility of being closer to customers and offering a wider range of banking services.

Deepak Malik, CEO of Arise, in turn, said that this transaction will allow Arise to expand its investments in Mozambique and ensure the mission of Arise to promote financial inclusion and stimulate economic development.

Moza Banco and the National Administration of Conservation Areas (ANAC) signed, last Thursday, in Maputo, a Memorandum of Understanding (MoU) that involves the spread of messages that aim to combat poaching of animal species existing in Areas of Conservation, a phenomenon that has been taking place all over the Country.

In fact, the financial institution will, through its different communication’s platforms, spread information that calls for the protection and defence of biodiversity, showing its importance. There is also the possibility of using public transport buses to spread these messages.

At this occasion, the National Director of Conservation Areas, Mateus Muthemba, said that this partnership is the materialization of the assumption that the preservation of flora and fauna is a common cause.

"It is essential to count on this partnership, considering the relevance of the objectives that have already been laid out in the fight against poaching. Our desire is to see more initiatives of this nature, "said Mateus Muthemba.

For his part, the Executive Director of Moza Banco, Manuel Guimarães, expressed readiness to support all areas of ANAC's activities.

"We will seek to inform the communities, our customers and partners, of the results of the work of the reserves, with the aim of protecting the species, as this is part of our sustainability policy", he stressed.

According to Manuel Guimarães, the heritage of the animal world cannot be seen as only material, but rather as an emotional asset. "The heritage of the animal kingdom is an emotional heritage. It is from Mozambique and the whole world, and people need be aware about the protection of this wealth, which they risk losing," he said.

On the other hand, Moza signed the Protocol with the Administration of the Niassa National Reserve. This act ensures that the Niassa Reserve is the first to benefit from the Bank's actions, and the aim is to intervene gradually in other reserves of the country.

The MoU signing ceremony took place on the side-lines of the VII National Meeting of Conservation Areas, which was held under the slogan "The Future of Wildlife Depends on Me".

The initiative is part of the Government project "One District, One Bank", which aims to allow more Mozambicans to have access to banking services.

As part of the process of promoting banking services in Mozambique, the Ministry of Land and Rural Development, through the National Sustainable Development Fund, and Moza Banco signed an agreement on Monday afternoon, that envisions that Moza Bank can expand its services to 20 more districts of the country by the year 2019, in order to allow more Mozambicans to have access to the financial system.

The districts are Meluco and Quissanga (in Cabo delgado); Majune, Chimbonila, Ngauma and Sanga (in Niassa); Liúpo, Memba and Nacarôa (in Nampula); Marínguè (in Sofala); Machaze (in Manica); Chinde, Derre, Il and, Lugela and Mocubela (in Zambézia); Tsangano (in Tete); Chigubo, Guijá and Mapai (in Gaza).

The act is part of the project "One District, One Bank" launched by the Government in 2016, which aims to accelerate the process of promoting banking services in rural areas, in order to minimize the plight of the population that travel long distances in search of a bank branch.

In his speech, the Minister of Land and Rural Development, His Excellency, Celso Correia expressed the Government's concern to expand banking services to more parts of the country.

"We are aware as Government that expanding the banking system to the most remote places of the country is still a challenge. Moza Banco, from the outset adhered to the national banking policy and today we take another important step in the goal of allowing more Mozambicans to have access to financial services within a reasonable radius of 3 kilometres, maximum “said the Minister.

On the other hand, Celso Correia assured that his Government will do everything to materialize the agreement signed, aiming to benefit the population and the Mozambican economy.

"We will do everything to fulfil our goal of ensuring that all 153 districts nationwide can have at least one branch by 2019. In Mozambique, we still have thousands of Mozambicans who have to go hours, if not days, to have access to their wages and to a bank branch, "he added.

In turn, the Chairman of the Board of Directors (CEO) of Moza Banco, João Figueiredo, expressed interest in continuing to bring the banking system to more Mozambicans.

  "We are today an universal and retail Bank, with the third largest branch network in the country, consisting of about 55 branches. We intend to strengthen our position by expanding our presence to other locations and this partnership will certainly facilitate the achievement of this objective, "said Moza Banco PCA, João Figueiredo, moments after signing the agreement with MITADER

It should be noted that in the scope of the project "One District, One Bank", Moza is already present in Chicualacuala (Gaza) districts; Vanduzi and Gondola (in Manica); and Murrupula (in Nampula).