News

Severino Ngoenha calls for unity among Mozambicans to face current challenges
14/03/2024

The Mozambican academic Severino Ngoenha wants Mozambicans to converge in a collective purpose, as a nation, so that they can face the country's new cultural, ideological and development challenges.

Ngoenha's wish was expressed last Thursday, in the town of Maxixe, in Inhambane, as part of the implementation of the II Southern session of Moza Banco's Thinking Mozambique (“Pensar Moçambique”) project, at which he was a speaker, alongside the professor and academic Frei Amaral.  

For Severino Ngoenha, who spoke on the subject of "Identity: an existential dimension that is always to be invented", it is only as long as we are united that we can meet the needs of those who need it most, making for less and less social imbalance.

"It's only as long as we have a collective direction that we can make sure that those less fortunate, instead of one aspirin, have two. Those who walk ten kilometres should walk five and those who only have one meal should have more than one..." Severino Ngoenha said.

Frei Amaral, on the other hand, in light of the topic "Historical-anthropological re-reading of Man from the idea of home as shared interiority" underlined the need to look at Mozambicanness as a continuous process of affirmation and reaffirmation, first individually and then collectively.

"We need to realise that the whole is made up of parts. Only from there will we be able to have a more empathetic and supportive society, ensuring that the idea of a united Mozambique is present in all of us."

Jaime Joaquim, a member of Moza's Executive Committee and the person overseeing the opening of the event, referred to the occasion as a time to "look back on the past and retrieve deep and valuable lessons that can illuminate the path that we currently want to take in the search for Mozambican values".

"We carry on our shoulders the noble mission of forging a future that matches the glorious achievements of our ancestors. A future in which Mozambican identity not only survives, but also flourishes and shines as a beacon of inspiration for other African and world nations. We want us to be able to look back in a few years' time and say with pride that, with the help of all Mozambicans, the "Thinking Mozambique" Project made it happen and became a great success," Jaime Joaquim said.

Through the "Thinking Mozambique" Project, Moza is organising conversation and debate sessions, in which the Bank invites ideologues and thinkers from various fields of knowledge to make their contribution to the process of valuing, rebuilding and appropriating the nation's individual and collective identity as Mozambicans.

This is a project that will be implemented in the three regions of the country, allowing different thinkers and ideologues to contribute their ideas to strengthening culture, patriotism and the sense of nationhood that is already becoming jeopardised by global dynamics, notably hyper-exposure to social networks and different virtual realities.

All the ideas shared in each of the discussion sessions will later be compiled into a book that will be made available for consultation in various Mozambican institutions, particularly national academia. 

In this way, Moza is positioning itself as a bank that acts as a catalyst for a cultural renaissance which inspires Mozambicans to proudly embrace their values and pass them on to new generations.

Paulina Chiziane and Nataniel Ngomane reflect about Mozambique and Mozambicanness
28/02/2024

Last Thursday, 22 February, Moza Banco launched conversation sessions called "Thinking Mozambique", in which the Bank invites ideologues and thinkers from various spheres of knowledge to make their contribution to the process of valuing, rebuilding and appropriating the nation's individual and collective identity as Mozambicans.

The sessions will take place in the three regions of the country, with its inaugural session held at Moza head office in Maputo, with the participation of renowned Camões Prize-winning writer Paulina Chiziane and the university professors Severino Nguenha and Nataniel Ngomane as speakers.

Among various topics covered, including experiences and skills, Paulina Chiziane invited those present to appreciate themselves more and more, focusing on their origins and the factors that make them unique and different.

"Don't be ashamed of yourself. Before copying what someone else does, get to know yourself. I, Paulina, have been given several labels. Some religious institutions have even said prayers in my name, but I know who I am: an authentic woman who asserts herself as such. Today, I am one of the most influential women in the world simply because I am authentic," said the writer who set out to discuss "The utopia of African independence".

For his part, the Chair of the Bibliographic Fund and also a speaker at the meeting, Nataniel Ngomane, turned his attention to discussing the sense of surrender and sacrifice for the collective good, bringing as an example the "First Group of Mozambican Students in Cuba", who were invited to return home following the process of decolonisation and government transition in Mozambique.

"We all had one purpose: we wanted to contribute to building the country. Many abandoned their individual dreams to return to the country and roll up their sleeves, putting their acquired knowledge into practice in the nation’s service," highlighted Ngomane, who reflected on the need to have a purpose that cuts across all Mozambicans. 

For the Chairperson of Moza's Board of Directors, João Figueiredo, these sessions will make a significant contribution to praising and celebrating Mozambique's cultural, intellectual and identity richness.

"As the world becomes more and more homogenised, we run the risk of losing what makes us unique, which are our centuries-old traditions, our deep-rooted customs, and our ancestral values. But as Moza, the bank that bears the mark of Mozambican Pride, we stand up fearlessly because we don't want to be mere receivers of information. We want to reaffirm Mozambique as a country with a sparkling culture and collective social values," stressed Figueiredo.

Under the slogan "Thinking Mozambique", Moza Banco will organise conversation and reflection sessions on the Construction and Reconstruction of Mozambique and Mozambicanness in the country's three regions, allowing different thinkers to contribute their ideas to strengthening culture, patriotism and the sense of nationhood that is already being jeopardised by global dynamics, especially by hyper-exposure to social networks and different virtual realities.

Moza is thus positioning itself as a bank whose concern goes beyond numbers. A bank that wants to establish itself as a catalyst for a cultural renaissance that inspires Mozambicans to proudly embrace their values and pass them on to future generations. 

Moza supports Gwaza Muthini festivities saluting the deeds of Mozambican heroes
13/02/2024

With the aim of honouring the deeds of the Mozambican heroes who fell on the various battlefronts for the "liberation of the land and men", Moza joined forces with Marracuene district authorities to ensure that the 129th anniversary of the Battle of Gwaza Muthini, in which dozens of warriors gave their lives to prevent foreign domination, was made possible.

The event, which took place on 2nd February, also saw the passing of Mozambican Heroes' Day, which was marked the very next day (3rd February), with the participation of over 15,000 national and foreign citizens in a packed ceremony where tradition and culture "walked hand in hand".

In her speech on the occasion, the Permanent Secretary of Marracuene District, Nércia Sevene, praised the contribution from partners, including the support provided by Moza. "We want Gwaza Muthini to be a celebration that lights the way for a prosperous and promising future for all of us and for this land of warriors". Nércia Sevene added.   

For Executive Board Member Jaime Joaquim, supporting the Gwaza Muthini festivities is an opportunity for Moza to strengthen its sense of belonging and connection with Mozambique's history.

"It's a pleasure to support these celebrations, helping to immortalise this important date in our history, while at the same time underlining our role as a bank that promotes national culture. With this action, we also want to value our heroes, who sacrificed themselves in the name of freedom," Jaime Joaquim highlighted.

This year, Moza intends to further strengthen its actions in the name of Mozambican culture, with the aim of making the history of Mozambique both timeless and cross-generational. By strengthening culture, the Bank believes it is also strengthening itself, since its brand carries the symbol of Mozambican pride - "Made in Mozambique"

Moza disburses 5 million dollars for construction of municipal multistorey carpark at the Central Market
30/01/2024

Moza Banco has provided the Empresa Municipal de Mobilidade e Estacionamento (EMME) with around 5 million dollars, equivalent to more than 330 million meticais, in credit, to materialise the project to build the Maputo City Council's multistorey carpark, adjacent to the Central Market.

The already completed infrastructure, inaugurated on Friday (26 January) by the city's mayor, Eneas Comiche, now guarantees a total of 420 parking spaces on 3 levels, considerably easing the pressure on the city's downtown area as far as car parking is concerned. Also under the project, 330 new stalls were added to Maputo's central market, with the aim of minimising the risk associated with informal vending on the city's pavements and roads, an activity that often results in road accidents and other ills.

According to Eneas Comiche, who was speaking at the ceremony to inaugurate the new multistorey carpark, the new building will help to resolve two issues of concern to the town council in one fell swoop, since it "increases the number of stalls in the market to absorb informal vendors, removing them from the pavements and other public spaces; while it also solves the problem of mobility and parking"

On the same occasion, the authorities announced that residents will be able to access the car park for a symbolic fee of 20 meticais per hour, which is considerably lower than the fee charged by private companies in the same sector.

On the sidelines of the ceremony, Jaime Joaquim, a member of Moza's Executive Committee, expressed his satisfaction with the conclusion of the project and welcomed the strength of the partnership with EMME, which dates back to 2017.

"We are proud to know that, with our funding, we have helped to build such important infrastructure for this city. As well as being extremely necessary in the area where it is located (downtown Maputo), the infrastructure reflects how meritorious it can be for Mozambicans to join forces in favour of the common good," Jaime Joaquim said, adding that "as Moza, we commend and want to continue maintaining this partnership with EMME, materialising similar projects in other parts of the city with the same needs."

 By financing initiatives to implement pioneering and essential urban mobility projects, Moza is reinforcing its commitment to sustainable development in Mozambique.  

Moza's CFO says that "investment in people must be the basis of Digital Transformation"
26/01/2024

Moza's CFO, Devan Manmoandas, has argued that only by investing in human capital can institutions (especially those linked to the financial sector) succeed in their Digital Transformation processes. For Manmoandas, there is little point in investing in the acquisition of innovative machines, tools and technological systems while the mentality of their users remains reticent about the dynamics of change. 

The statements were made this Wednesday in Maputo during the presentation ceremony of the CFO Survey Mozambique, a study carried out by Ernst & Young that is focused on the financial leaders and employees of 37 institutions in the Banking and Insurance sectors in Mozambique.

To emphasise his point, Manmoandas used the analogy "You can buy the best juicer, but if the fruit isn't good, the juice won't be either", in a clear reference to the need to invest in the skills of employees in order to achieve success. 

The Financial Director also welcomed Mozambique's rapid evolution towards Digital Transformation, pointing to Covid-19 as one of the primary drivers in this irreversible process.

"At Moza, for example, today we don't need a room full of people to produce our reports. Through an integrated system, we are able to work independently and still achieve our goals successfully," he said.

In the same vein, Devan Manmoandas spoke about his work, pointing to the issue of organising, cataloguing and protecting financial data as fundamental to the success of what he does.

"I feel that there is increasing awareness of the need to put financial data issues at the centre of the Digital Transformation strategy. Only with assertive, up-to-date financial information can you ensure a return on investment," Moza's CFO added.  

Moza is proud to be a bank that shares ideas and strategic reflections on various topics, including those that refer to investment in the quality and skills of human capital. The Bank believes that all technology depends on people to make the best results happen.