[CLSTR]
API
< Back to situations

Monitor this situation.

[SITUATION] · [ACTIVE] · [BUSINESS]

3 clusters · 8 sources · 23 days · First seen · Last updated

Mozambique economic and fiscal developments

Overview

The Mozambique Tax Authority (AT) has set a net tax revenue target of 427.7 billion meticais for 2027. To reach this goal, AT President Aníbal Mbalango has prioritized digital transformation, expanded audits in high-risk sectors like mining and natural resources, and enhanced staff capacity to reduce the fiscal gap.

In the first nine months of 2026, the AT reported an 84% increase in revenue from megaprojects, totaling 14,054.12 million meticais. This growth was primarily driven by the oil and gas sector, which contributed 11,486.35 million meticais, and the mining sector, which accounted for 2,567.77 million meticais. Supported by consultants from the Efficient Taxation for Inclusive Development (TEDI) project and the African Tax Administration Forum (ATAF), audits and inspections identified approximately 10,213,325,769.22 meticais in disputed amounts. Additionally, three international ruby auctions held between January and July 2026 generated 83.73 million USD in total revenue.

In the private sector, Cervejas de Moçambique (CDM) reported a 51.7% increase in 2025 profits, totaling approximately 2.6 billion meticais. While the company saw significant growth in turnover and shareholder dividends, it identified operational risks stemming from foreign currency shortages and exchange rate fluctuations affecting the importation of raw materials.

Entities

Mozambique Tax Authority · Nampula · Niassa · Inhambane · Mozambique

Timeline

  1. [BUSINESS] 2 sources
    Mozambique tax authority reports 84% revenue growth in megaprojects

    Mozambique's Tax Authority saw an 84% rise in megaproject revenue through September 2026, fueled by the oil and gas sector and increased audits in the extractive industry.

  2. [BUSINESS] 8 sources
    Cervejas de Moçambique reports 51.7% profit increase in 2025

    Cervejas de Moçambique saw profits rise 51.7% to 2.6 billion meticais in 2025, driven by higher sales, despite warnings regarding foreign currency shortages.

  3. [BUSINESS] 3 sources
    Mozambique Tax Authority sets 427.7 billion metical revenue target for 2027

    Mozambique's Tax Authority aims to collect 427.7 billion meticais in net revenue by 2027 through increased audits, digital transformation, and enhanced oversight of high-risk sectors.

Sources

360mozambique.com · aimnews.org · cartamz.com · clubofmozambique.com · mocnoticias.com · mznews.co.mz · profile.co.mz · sapo.pt

This summary has been updated 1 time: see revision history