News

Moza Banco seeks technological expertise at Europe's largest conference
29/11/2019

In the 11th edition of the Web Summit, Moza Banco was represented at the highest level by its Chairman of the Board of Directors João Figueiredo, who was in Portugal, the country that will host the event until 2028.

The technological innovation has improved several areas of action, so it has gained attention of several institutions, particularly financial ones. It was in this context that Moza Banco, a financial institution mainly of Mozambican capital, decided to participate in web Summit, the largest technology conference in Europe and in the world. The Web Summit takes place once a year since 2009.

The event that took place from 04 to 07 November, in Lisbon, Portugal, brought together more than seventy (70) thousand people from 163 countries, and two (2) thousand start-ups (emerging companies) that operate in different areas, especially technological, financial and business to find solutions to the current technological challenges that companies and the world are facing.

In this is the 11th edition Web Summit Moza Banco was highly represented by its CEO, João Figueiredo, who believes that participating in the largest technology conference in the “Old Continent” confirms Moza's commitment to become a reference in technological innovation in the national financial sector.

“The new digital technologies play a key role in the future sustainability of organizations and banking sector is no exception. For this reason, we chose technology and innovation as a priority in our growth and expansion’s plan and to increase the quality of service we provide, said Moza Banco's CEO.

On the other hand, Figueiredo says that “Innovation must always be focused on the Customers and the local market, with efficient partnerships. But nothing can replace “Relationship” as a basic pillar in the development of institutions.”

In turn Nikolay Storonsky co-founder and President of Revolut, a company created four years ago already in place in 35 countries, including five countries outside Europe highlights the advantages of investments in technological innovation.

“It’s necessary to be independent giving that the Bank’s systems are getting old. People are not innovation-driven and there is a process of approving too long initiatives,” says the participant.

Cybersecurity, artificial intelligence and robot risks, taxation of technology’s companies and also privacy were some of the themes that dominated this Web Summit edition.

Moza Awards “Moza Já USSD” Service Users”
29/11/2019

“Moza Já USSD” is a service through which customers of this bank can transact by entering *247 #.

The winners of the first phase of the "Moza Já - USSD" prize’s draw, a Moza Banco initiative, aimed at encouraging the digitization of banking systems, for the transactions made through mobile phone and other digital platformsare already known.

The winners of this first phase of "Moza Já USSD" prize’s draw are Amimo Uahade, in the 1st place, a Customer from Nampula Province, whit twenty thousand meticais award, Mateus António Martins, in the 2nd place, a Customer from Maputo Province, whit fifteen thousand meticais award and António Muchave, in the 3rd place, a Customer from Maputo province, whit ten thousand meticais award.

The winners of this first phase welcomed Moza Banco's initiative.

“This prize means a lot to me as it represents the Bank’s acknowledgement for the fact that I’ve been a Customer for many years. Considering that we are in December the prize came in handy and I will use it to cover the expenses of this festive season " said euphoric, Mateus Martins, the second place winner, moments after the receiving the giant cheque.

In turn, the third-place winner, António Muchave took the opportunity to encourage other Customers to use Moza Banco’s digital platforms on their everyday transactions.

“I’ve been a Moza’s Customer for years, when I heard about this prize’s draw, I decided to join the initiative using my account to pay through digital platforms the TV bills, buy vouchers for the cell-phone among other services which allowed me to be one of the lucky-ones and I am very happy, so I recommend other Customers to follow my example," encouraged one of the winners.

The Moza Já USSD prize’s draw is valid for all Moza’s Private Customers using Moza Já Service (USSD channel, accessible through *247#);

The "Use of Moza Já Service" Campaign was launched on October 3, 2019, lasting 3 months and will reward monetarily, on a monthly basis, through electronic draws, 3 (three) Customers out of a total of 9 (nine) Customers.

After the draw, the monetary prizes will be credited into the Customer’s account held in Moza and their respective winners will be contacted by their respective Account’s Managers for details.

Moza expands its branches’ network
07/10/2019

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 3rd 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’s commitment to cultural sustainability
03/10/2019

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”.